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Diversity is not the same as equity in US cannabis industry
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MassRoots receives $1.1 million in new funding
Cannabis-centric social media site MassRoots received $1.1 million in funding on Friday, mostly from new investors, and disclosed it slashed the salaries of its top executives to cut costs. MassRoots’…
News October 10MD appoints new medical marijuana regulator
Maryland’s governor has appointed a new patient advocate to the state’s 16-member medical cannabis board. The move comes amid criticism that Maryland’s Medical Cannabis Commission failed to consider racial diversity…
News October 10
Chart: What’s in a cannabis company name? Not as much slang
By Eli McVey The marijuana industry has been in a perpetual struggle to shake the “stoner” stereotype many hold of its consumers, and the businesses that comprise the industry are…
News October 10San Diego cracking down on illegal marijuana dispensaries
The city of San Diego has launched a campaign to crack down on illegal medical marijuana dispensaries and is asking residents to purchase MMJ only from licensed shops, a sign that authorities…
News October 7MassRoots pays off March debt of nearly $1M
MassRoots, the publicly traded cannabis-centric social media site, said Friday it has repaid its creditors after disclosing last month it had missed nearly $1 million in payments that were due…
News October 7
Week in Review: No takers for DEA cannabis research, MA NIMBYism, Oklahoma legalization vote
By Omar Sacirbey, Bart Schaneman and John Schroyer The U.S. Drug Enforcement Administration has zero takers for medical marijuana-related research, Massachusetts dispensary NIMBYism could hit any rec legalization plans, and…
News October 7Maine rec cannabis legalization backers outspend opponents 26-1
Supporters of the campaign to legalize recreational marijuana in Maine have overwhelmed their opponents in fundraising. Backers of Question 1, as the legalization initiative is called, have raised $1.3 million this…
News October 7Arizona awards 31 new dispensary licenses
The Arizona Department of Health Services on Thursday announced the winners of 31 new medical cannabis licenses. Sort of. After holding a livestreamed lottery Thursday afternoon for nine of the…
News October 6Denver marijuana packaging firm files for bankruptcy
High Supply, a Denver producer of child-resistant containers for marijuana products, has filed for bankruptcy protection, claiming the company’s “severe financial stress” was caused by “theft and corporate espionage by…
News October 6
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