Acreage Holdings, Inc (OTCMKTS: ACRHF) Transitions its Connecticut Dispensaries into the Botanist – FactsAboutCBD
Post Views: 87 Thanks to increased investment and legalization, there is so much energy and excitement in the cannabis industry, resulting in expansion and growing retail businesses. Since its founding in 2014, Fiore Cannabis Ltd (OTCMKTS: FIORF) has encountered diverse unmet needs from consumers, promoting a need for an enlarged portfolio of branded products. As a result, the company has invested heavily in developing recreational, medical, and wellness cannabis products. Its current brands include Diamante Labs, The Weekender, Fiore Cannabis, Surfer, and PureCloud 9. For the last couple of summer months, Fiore Cannabis has been planning and strategizing on its…
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Connecticut Man Sentenced to 8 ½ Years for Federal Firearms Violation – Department of Justice
WILMINGTON, N.C. – A Connecticut man was sentenced to 102 months in prison for possessing a firearm despite being a previously convicted felon. Marquis Lamar McDuffie entered his guilty plea on May 5, 2021. According to court documents and other information presented in court, officers with the Greenville Police Department attempted to conduct a lawful traffic stop on a vehicle operated by McDuffie on May 3, 2020. McDuffie attempted to flee before exiting his vehicle, throwing a loaded handgun over a fence and into the parking lot area of a nearby motel. The firearm landed by two children who were…
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Marijuana Sales Increased In Multiple States During COVID, Study Finds – Marijuana Moment
The civil judgment, the second-highest ever awarded in Montana, highlights volatility and growing pains in the CBD market. By Amanda Eggert, Montana Free Press Hemp, a crop that largely flew under the radar in Montana when it was planted under a pilot program three years ago, is now central to one of the largest civil awards in the state’s history. A jury in Wolf Point last month awarded 25 eastern Montana farmers $65 million in compensatory and punitive damages, finding that a handful of Canadian and American businessmen had committed negligence, fraud and deceit in failing to fulfill contracts, leaving…
Read More »Green Globe Intl. Signs LOI to Acquire Patent to Make Marijuana Paper – Yahoo Finance
GGII plans on licensing this cannabis paper patent and manufacturing process by state, in the USA, and by country, internationally San Diego, California–(Newsfile Corp. – August 9, 2021) – Green Globe International, Inc. (OTC Pink: GGII), the leading herb and hemp CBD cigarette manufacturer, in their mission of Disrupting TobaccoTM, today announced it has signed a letter of intent to acquire the patent to manufacture the world’s first ever paper made entirely of marijuana. GGII intends on licensing the patent to cannabis companies to make marijuana rolling paper, marijuana wraps, and machine-made marijuana cigarettes. Earlier this year, GGII announced their…
Read More »Study Shows 15% Of Remote Workers Used Cannabis On the Job
A recently released study of work habits during the COIVID-19 pandemic has revealed that 15% of remote employees have worked while high during the outbreak. The survey of remote employees, which was conducted by online cannabis resource AmericanMarijuana.org, found that employees who worked from home while under the influence of cannabis often reported reduced stress and increases in productivity and creativity. To conduct the study, researchers interviewed 1,001 remote employees about their work habits and views on substance use in the virtual workplace. Among the survey’s respondents, 45.1% were women, 54.5% were men, and 0.4% were nonbinary, while the average…
Read More »BuzzFeed News Has Launched Its Own Cannabis Brand
Sadly it’s not called BuzzWeed, a total missed opportunity. Free Book Preview Cannabis Capital Learn how to get your business funded in the Cannabis economy! August 9, 2021 3 min read This story originally appeared on Benzinga If you had been listening to Benzinga’s Cannabis Hour on Thursday, you would have heard the news. If not, here it is: BuzzFeed, the global digital media company and 2021 winner of a Pulitzer Prize has now decided that in addition to reporting about one of the fastest-growing industries in the U.S., it will be joining it. BuzzFeed has launched its own cannabis brand. And, no, the cannabis line is not called BuzzWeed, which some…
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Curaleaf CT eyes major expansion into state’s recreational cannabis market – Hartford Business
Simsbury-based Curaleaf Connecticut is planning to triple its cannabis production output, as the company prepares to enter the state’s new adult-use recreational market. Curaleaf, a multistate operator headquartered in Massachusetts, currently runs one of Connecticut’s four medical cannabis grow facilities. Patrik Jonsson, Curaleaf’s regional president of the Northeast, said the company is currently in the design and engineering phase of expanding its Simsbury outpost to accommodate the increased production. Patrik Jonsson “We believe that there’s a way for us at our current location to expand, and we’re also looking at secondary sites, if that’s an option,” Jonsson said. “But we’d…
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$30M venture cannabis fund offers window into recreational marijuana industry’s financing options – Hartford Business
It wasn’t long ago when people looking to spend tens of millions of dollars bankrolling cannabis entrepreneurs were frowned upon by society, not to mention performing an illegal act. But these days, as an increasing number of states legalize marijuana for recreational use, the financiers are people like Devin Schleidt, owner of Greater Hartford-based business advisory firm Schleidt Works, who is launching a $30 million venture fund to help seed up-and-coming cannabis businesses in Connecticut. Schleidt’s fund, Connecticut Cannabis Capital LLC, will invest in prospective cannabis growers, dispensaries and manufacturers looking to get into the state’s recently-established recreational marijuana market,…
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