Cannabis Investor Sees Strength in Numbers
In 2016, the NFL Players’ Association reported that the average career lasts 3.3 years. Of those players, 78% would lose all their career earnings within three years of leaving the league. Matthew Nordgren would play just two years as a backup quarterback, but he wouldn’t go broke post-retirement. Instead, as the founder of venture capital (VC) cannabis investing firm Arcadian Capital, Nordgren and his team are helping grow the industry’s ancillary, or non-plant touching side, of the market. Since launching in December 2017, Arcadian Capital has amassed a range of significant cannabis industry investments. The firm’s investment process is billed…
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Colorado Lawmakers Approve MDMA Bill While Rejecting Broader Psychedelics Measure As Ballot Initiatives Loom – Marijuana Moment
A Colorado House committee on Tuesday approved a bill aligning state statute to legalize MDMA prescriptions if and when the federal government ultimately permits such use. Meanwhile, the House Public & Behavioral Health & Human Services Committee also rejected separate legislation to create a psychedelics review panel to study substances like psilocybin and DMT and issue recommendations on possible policy changes. But that measure’s defeat came at the request of its sponsor, who asked members to “kill my bill” to give voters a chance to weigh in on broader psychedelics reform initiatives that activists are actively pursuing for the November…
Read More »Breweries Are Responding by Finding New Ways to Produce Lower-Alcohol Beer for Health-Conscious Drinkers – Willamette Week
One of the more disruptive beer trends in recent years has been brought about by the rising popularity of the lifestyle beverage category. From hard seltzers to CBD-infused sodas, sparkling hop waters and more, the focus is often on low calories and low carbs. Add in growing awareness about the deleterious effects of ethanol, and that means low (or no) alcohol is in demand for those reasons as well. Over the past several years, N/A beer sales have increased—up 39% and 38% in 2019 and 2020, respectively. In 2021, there was a 315% overall increase in combined no- and low-alcohol…
Read More »New Britain panel endorses recreational marijuana sales — with some restrictions – New Haven Register
NEW BRITAIN — The city is moving ahead with plans to allow recreational cannabis dispensaries and production facilities as soon as this year. But the stores will only be permitted to serve customers during the day and will be restricted to certain commercial areas under newly proposed regulations recently endorsed by a key city body. The Common Council’s zoning subcommittee voted unanimously Tuesday to approve regulations allowing cannabis-related businesses, a crucial step in bringing the burgeoning recreational marijuana industry to the city. The state law legalizing recreational cannabis gave cities and towns the power to regulate where marijuana can be…
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Hartford Defense Attorney, Mom and City Councilor Is Positive on Pot | Connecticut Law Tribune – Law.com
If you haven’t noticed Connecticut being outpaced by neighboring states when it comes to fully legalized marijuana, there may be pot proponents out there who’ll wonder what you’ve been smoking. While a Nutmeg State-sanctioned medical marijuana program has been up and running for years, many government leaders have been slow to let go of a social stigma that has hindered efforts to legalize sales for recreational use. But Hartford city councilor and defense attorney Tiana Hercules is out to change that, and she has friends in high places.
Read More »US House Approves Cannabis Decriminalization Bill
On April 1, the U.S. House of Representatives voted to decriminalize cannabis on the federal level with the passage of the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act. Lawmakers approved the legislation with a 220-204 vote, passed largely along party lines by the House’s Democratic majority. “This landmark legislation is one of the most important criminal justice reform bills in recent history: delivering justice for those harmed by the brutal, unfair consequences of criminalization; opening the doors of opportunity for all to participate in this rapidly growing industry; and decriminalizing cannabis at the federal level so we do not repeat the…
Read More »3 Important Cannabis Legal Cases To Watch Closely in 2022
Opinions expressed by Entrepreneur contributors are their own. Given the evolving legal landscape surrounding cannabis, smart entrepreneurs know to keep their eyes on cases that set important precedents impacting business operations. Three such cases are ongoing in 2022. All these cases can create a significant impact on how cannabis companies and those that provide services are allowed to do business in the United States. In writing about these cases, Reuters reported that they stem from trends that occur when marijuana businesses face the headwinds created by continued federal marijuana prohibition. The news service wrote: “Unsurprisingly, industry players continue to push the envelope, with the…
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Congress passes ‘Cannabidiol and Marihuana Research Expansion Act’
Congress passes ‘CBD and Marihuana Research Expansion Act’ | Leafly Link copied to your clipboard Leafly Leafly ® Loading… Where are you from? noyes Remember me for 30 days. I confirm that this is not a shared device. Darn! You’re not old enough to use Leafly. Redirecting you to By accessing this site, you accept the Terms of Use and Privacy Policy. Tens of millions of medical patients who could benefit from new, FDA-approved prescription CBD got the tiniest of breaks from Congress Monday. The US House of Representatives voted this evening to pass the Cannabidiol and Marihuana Research Expansion…
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