Big Pharma Exec Sentenced to Over Five Years in Prison For Role in Opioid Crisis

“He was already a billionaire when this started, and this made him even richer,” said Assistant U.S. Attorney Nathaniel Yeager at big pharma drug dealer John Kapoor’s trial. On Thursday, the Insys Therapeutics founder saw the price of that greed. After pleading not guilty, Kapoor was convicted of orchestrating a criminal conspiracy and sentenced to…

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MedMen CEO Adam Bierman Deflects in Reddit AMA

MedMen Enterprises is a well-known brand throughout the cannabis industry. Over the past several years, MedMen has built a massive presence in the industry with more than 30 retail stores and numerous cultivation sites throughout the continental United States. They are also traded publicly on the Canadian Securities Exchange (MMEN) and OTC in the United…

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Police Looking for Thief Who Stole From Chicago Airport Cannabis Amnesty Box

When Chicago police installed so-called “cannabis amnesty boxes” in the city’s airports earlier this month, the idea was to provide a safe repository for travelers to dump their weed. But in that, one apparent thief saw an opportunity. Authorities in the Windy City said this week that someone snatched an item from a box located…

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Largest US tribal nation to study cannabis industry

The Associated PressJanuary 24, 2020 In this Aug. 22, 2019 file photo, Cherokee Nation Principal Chief Chuck Hoskin Jr., speaks during a news conference in Tahlequah, Okla. The Cherokee Nation is creating a work group to study the burgeoning hemp and cannabis industries in Oklahoma. It hopes to have a report by the end of…

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MedMen Offers Vendors Stock Instead of Cash

MedMen Enterprises Inc., a cannabis company that operates in nine states, has offered its vendors shares in the company in an attempt to reduce its overhead and conserve cash, MarketWatch reports. The payment proposals come after MedMed’s “restructuring” last year, the company’s chief financial officer Zeeshan Hyder told MarketWatch, adding that MedMen “has been actively…

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CBD Buyer’s Guide: THC Content in CBD

The Food and Drug Administration (FDA) has approved a CBD pharmaceutical for seizure treatment and classified it as a schedule 5 drug (which is the classification for drugs with the lowest chance of dependency and abuse). However, many new potential CBD users worry about the legality of CBD products in the state where they live. While…

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How this craft cannabis producer converges science & tradition

Jesse Milns/Leafly Cannabis is undeniably the latest economic sector to enter the world of craft production. For some licensed producers, a focus on craft is about helping consumers gain a deeper understanding of their cannabis, including where it comes from and how it is produced. As an early adopter of this approach to craft cannabis,…

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Detroit Officials May Stall Adult-Use Pot Businesses Amidst Increase in Violence

A city council member has proposed that Detroit extend its decision to temporarily opt-out of Michigan’s newly legal recreational cannabis market while a plan to ensure local participation in the industry is created. The proposed ordinance, introduced by Councilman James Tate at a meeting of the council on Monday, would extend the city’s moratorium on…

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Creso Pharma Pursues Animal Health, A Fast-Growing Cannabis Market Segment

Cannabis stocks had a challenging year in 2019, but signs are emerging that a change of fortunes is in store for the sector and a number of listed cannabis companies already look to be turning the corner.  Over the longer term, there’s little doubt that the sector is primed for massive growth as legalisation continues…

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CBD Buyer’s Guide: Industrial Hemp Source versus Cannabis Source CBD

Marijuana is harvested for its flowers (or the “buds”), which contains mind-altering and perception-altering psychoactive properties; this is what is known as the “high” that marijuana causes. However, when it comes to industrial hemp, it is the stalks and seeds are the targets when it comes to harvesting this crop. On the other hand, Industrial…

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