The first store in a national medical marijuana retail chain has opened in Woodlawn

Source: The Baltimore Sun, Lorraine Mirabella

The Botanist, the first store in a planned national retail chain dispensing medical marijuana, opened Monday in Woodlawn.

The store at 7175 Security Boulevard will serve as the flagship site for a retail brand that owner Acreage Holdings plans to expand to 40 locations in several states by next year. Acreage, a cannabis operator founded in 2014 as High Street Capital Partners, runs growing, processing and dispensing facilities in 14 states. Former House speaker John Boehner serves on its board.

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Legal Weed: How Republicans Learned to Love Marijuana

Source: Newsweek, Alexandra Hutzler

Jason Isaac, a fourth-generation Texan and conservative state representative, has a clear memory of his first mind-­expanding encounter with marijuana.

It was January 2015, and the Texas state Capitol building was swarming with lawmakers returning to work. Two women were sitting on the stairwell opposite his office, waiting for him. He sat down with the pair—his constituents—and heard their stories. One had a child with intractable epilepsy, the other a child with severe autism.

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Federal Drug Policies Go Too Far At The Canadian Border

Source: Forbes, Kevin Murphy

Acreage CEO Kevin Murphy has been invited by Forbes to write a monthly column that covers trends, politics and investment insights related to the cannabis industry. In his inaugural article, Kevin looks into the disturbing actions that the U.S. Customs and Border Control has taken against Canadians with an association to legal cannabis.

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Cannabis specialist Acreage eyes national footprint as it raises $119 million

Source: The Street

Cannabis specialist Acreage Holdings plans to publicly list common stock through a reverse merger on the Canadian Securities Exchange in the fall after a $119 million Series E funding round from private investors, the New York-based company said Monday. Including the latest round, Acreage has raised about $225 million in invested capital. 

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Marijuana cultivator Acreage Holdings raises $119 million and eyes Canada listing

Source: Cheddar, Jacqueline Corba

Cannabis operator Acreage Holdings closed a $119 million financing round from private investors, the largest ever in the U.S. marijuana industry.

"We tried to go after institutional investors and had a fair amount of traction," Acreage Holdings President George Allen told Cheddar on Monday. "But for the most part they were very slow to move onto this opportunity relative to people who have had some personal connection to it. And frankly until they figure out banking reform for cannabis it's very hard for institutional investors to participate."

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CEO discusses taking Acreage Holdings public in Canada

Source: Midas Letter Live

Kevin Murphy, the CEO of Acreage Holdings, one of the largest private, vertically and horizontally integrated cannabis investment company’s in the USA, discusses their history and expansion across the nation, already operating in 11 states nationwide. The company has future plans to become a publicly traded and owned entity in Canada, due to the new legality of cannabis since the passing of bill C-45 in Ottawa. Kevin outlines the company’s growing operations, extraction product manufacturing and retail profile, as well as how they are looking to continuously grow its already established footprint to create a leading national and global brand.

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Ex-Gov. Weld says research key to pot legalization

Source: Cheddar, Jacqueline Corba

Former Massachusetts Governor Bill Weld called on President Trump to change the federal classification of marijuana so researchers can explore the drug's ability to treat diseases, including cancer.

"I think anybody who is a reasonable politician has to listen to the argument that its been proved around the world that this will cure the ailments that your constituents are suffering from," Weld said in an interview with Cheddar at the Cannabis World Congress in New York. "Do you want to look your constituents in the eye, and say, 'No ー I'm going to stand in the way of you getting the physical relief from pain and suffering that you know you can get around the corner? That's a position that makes no political sense."

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Boehner-advised pot company aims to bring New Jersey prices down

Source: Bloomberg, Jennifer Kaplan

The cannabis company that counts John Boehner as an adviser is hitting the Garden State.

Acreage Holdings has signed a letter of intent to join forces with one of only six companies that are licensed to grow and sell medical marijuana in New Jersey. The state is attractive because of its limited number of industry operators, its friendly governor and its proximity to population centers, according to Acreage President George Allen.

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4 of the hottest cannabis IPOs to watch for in 2018

Source: Green Market Report, William Sumner

Without a doubt, The Green Organic Dutchman Holdings (TGOD) has one of the hottest IPOs in the cannabis industry right now. Initially slated to raise around $102 million, TGOD has amended their IPO twice due to investor demand and have grown an already impressive offering to $132,263,225.

For all the Johnny Come Latelys kicking themselves for not getting in on this red-hot IPO sooner, have no fear. There is already a handful of new investment IPOs waiting just around the corner, and they all look just as promising as TGOD. Here are four upcoming IPOs that you need to keep an eye on.

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Introducing Acreage Holdings, the quietly growing cannabis corporation joining forces with John Boehner

Source: Cannabis Business Times, Melissa Schiller

Acreage Holdings grabbed the cannabis industry’s attention when it announced former House Speaker (and longtime marijuana prohibitionist) John Boehner and former Massachusetts Gov. Bill Weld were joining its board of advisors on April 11.

“We couldn’t be more pleased and honored to have Speaker Boehner a part of our organization,” CEO Kevin Murphy tells Cannabis Business Times

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