Running a successful and compliant cannabis business is a challenging exercise, one which has little frame of reference and presents unusual and unique complexities. Name one other legitimate business that is technically illegal on a federal level yet perfectly legal within a majority of states. You can’t. This legal dichotomy creates innumerable issues for operators which can be barriers to executing their business plans effectively.Read More
Source: Acreage Holdings, Harris Damashek
The green wave that’s driving cannabis legalization in the U.S. is being powered by an unexpected group: Baby Boomers and the Silent Generation. The people born in the 36 years between 1928 and 1964 are providing strong demand for cannabis.Read More
Source: Acreage Holdings, Nick Etten
For some of our soldiers, the battle never stops. One in three U.S. veterans has been diagnosed with a chronic pain-related condition. Up to 20 percent of our 2.7 million Iraq and Afghanistan veterans will fight against post-traumatic stress disorder (PTSD) in any given year, while about 30 percent of Vietnam veterans have suffered PTSD in their lifetime. Medical cannabis must be one of the tools for treating the physical and mental wounds of people who put everything on the line for their country.Read More
Source: Green Entrepreneur, Peter Page
Medical cannabis is not ready for prime time, at least so far as CBS is concerned.
Acreage Holdings, one of the largest publicly traded cannabis companies, revealed that CBS has turned down its request to air a public service announcement about medical cannabis during the upcoming Super Bowl. The ad, which Acreage plans to release publicly when the final version is complete, will feature vignettes about three people suffering severe medical problems who found relief using cannabis.Read More
Source: USA Today, Erik Brady
Acreage Holdings, which is in the cannabis cultivation, processing and dispensing business, said it produced a 60-second ad that shows three people suffering from varying health issues who say their lives were made better by use of medical marijuana.
Acreage said its ad agency sent storyboards for the ad to the network and received a return email that said: “CBS will not be accepting any ads for medical marijuana at this time.”Read More
Source: Variety, Brian Steinberg
Here’s a lesson for the nation’s burgeoning medical-marijuana market: You may be growing, but you can’t bogart that Super Bowl commercial.
Acreage Holdings, a company that works to make marijuana available to adults for medical and/or recreational use where legal, is hoping to spark a haze of publicity by noting CBS declined to run a 60-second commercial it created to run in the network’s coming broadcast of Super Bowl LIII on Sunday February 3rd.Read More
Source: Bloomberg, Craig Giammona
The Super Bowl isn’t ready for medical marijuana.
Acreage Holdings, the multi-state cannabis company backed by John Boehner, says CBS rejected a television advertisement that calls for the legalization of medical marijuana. The network, which is airing the game on Feb. 3, nixed the proposed spot after seeing a rough outline, according to the company.Read More
Source: The Gazette, Michaela Ramm
Cedar Rapids’ new medical marijuana manufacturer is invested in the business but believes state officials need to address the restrictions crippling the new program.
The state law that limits access to medical marijuana to those with certain chronic conditions still is in its early stages, but officials from Iowa Relief, the new manufacturing facility in Cedar Rapids, said they are “committed” to grow with the program.Read More
Source: The Detroit News, Breana Noble
The cannabis company whose board includes former U.S. House Speaker John Boehner wants to light up Michigan.
New York City-based Acreage Holdings said this week it acquired Michigan-based Blue Tire Holdings LLC in a move that marks the maturing cannabis industry in the state and could create increased competition for small businesses.Read More
Source: Bloomberg, Craig Giammona
The cannabis startup backed by former Speaker of the House John Boehner is set to become one of the most valuable companies in the U.S. weed industry.
Acreage Holdings is the latest U.S. cannabis firm to tap the public markets in Canada, where marijuana is legal, through a reverse takeover. The company raised $314 million in a private placement that values it at about $2.8 billion. Acreage shares are set to start public trading on Thursday.Read More
Source: Worcester Magazine, Bill Shaner
Worcester second medical cannabis dispensary is set to open later this month in an industrial park space just off I-190.
The Botanist, at 65 Pullman Street, intends to focus on education and community events at the space, which features sleek wooden display cases for product like cannabis flower, edibles and accessories.Read More
Source: The Buffalo News, Samantha Christmann
The Botanist, a medical marijuana dispensary, will open Monday at 192 Seneca St., across from the Buffalo Transportation Pierce Arrow Museum, the company said in a release.
The dispensary will sell vape cartridges, tinctures and capsules. Products containing tetrahydrocannabinol, or THC, and cannabidiol, or CBD, will be available, according to the company. THC is the psychoactive property in cannabis that makes users feel high. CBD has many of the same medical benefits, without the psychoactive side effects.Read More
Citizens in four states vote Tuesday on ballot initiatives to legalize some form of cannabis. Residents of Missouri and Utah will decide on its medical availability, Michigan and North Dakota on recreational consumption for adults. If all four measures pass, the tally of states that allow some sort of cannabis use will jump to 32, nearly two-thirds of the U.S.Read More