“CBD can help manage PTSD symptoms, such as panic attacks, flashbacks, nightmares, and overall anxiety. Echo Connection, an organization that guides those seeking the therapeutic effects of CBD, writes,“Cannabidiol (CBD) influences the body’s endocannabinoid system, which helps maintain emotional homeostasis and regulate memory consolidation, retrieval and extension.” – Alchemist’s Kitchen
“The National Association of State Treasurers adopted a resolution on Friday announcing that the organization “supports common sense federal laws and regulations to provide essential banking services to state legalized cannabis businesses, promote public safety and financial transparency, and facilitate local, state and federal tax and fee collection.” – Marijuana Moment
“A few years ago, when Michigan was considering legalizing cannabis, officials at Northern Michigan University asked faculty to come up with “futuristic leading-edge academic majors.” The result: Students from around the country can now enroll in a cannabis-centric medicinal chemistry program, which has grown to 230 students in just two years.” – Forbes
“Ms. Palmer, founder of the longest-running hip-hop news website in the world, SOHH.com, and her new company, Cannaramic Media, Inc., are commencing federal, civil action against Facebook, Inc., the social media behemoth running Facebook and Instagram, after a series of ads intended to promote the company’s educational Cannaramic Online Summit were rejected on the platforms, and the company’s follower page was disabled temporarily.” – Forbes
“If you’ve been keeping up with the state of the international cannabis industry, then you’ve probably heard of Colombia being poised as the next major hub for cannabis exports.” – High Times
“Carol Bartz has had a front-row seat to the nation’s technology boom dating back decades. The former Yahoo CEO sees parallels between today’s cannabis industry and high tech.” - MJBizDaily
Natural. Misunderstood. Legal. This is the story of hemp in the United States. A forbidden fiber in the U.S. since 1970, hemp has taken the heat for almost five decades. Until the Farm Bill passed in December of 2018, hemp was federally illegal to grow for commercial purposes, making it risky for businesses to invest in a new crop that was incorrectly classified as a drug. Visit Patagonia.com/hemp to learn more.
“The medical cannabis market in Asia could exceed US$5.8 billion by 2024 if it is legalised across the region, but further legalisation is not likely in China and Hong Kong in the near future, according to a new research report.” – South China Morning Post
“In interviews last week, Cuomo essentially called it quits on cannabis legalization in New York for the time being. After legalization failed to pass in the state’s budget last month, legislators and the governor alike vowed to work on a standalone bill that they could pass in the current legislative session, which ends on June 19. Yet in the midst of their progress—a revised bill will likely be unveiled this week—the governor’s public statements undermined cannabis advocates in the State Assembly, and made it clear he is uninterested in pushing the bill.” – Leafly
“The U.S. Department of Agriculture has given South Carolina-based CBD brand Palmetto Harmony organic certification, marking the first time the agency has given the designation to a hemp product.” – Ganjaprenuer
Tilray Inc. a global pioneer in cannabis research, cultivation, production, and distribution, today announced an investment of US$32.6M to increase the company’s Canadian cannabis production and manufacturing footprint by 203,000 square feet across three facilities. This investment will expand Tilray’s total production and manufacturing footprint from 1.1 million to 1.3 million square feet worldwide. – NCV Newswire
“Aurora Cannabis Inc. and Radient Technologies Inc. announced today that Aurora has taken delivery of Radient’s first commercial batch of finished cannabis derivatives, from Radient’s proprietary extraction platform.” – NCV Newswire
“Marijuana would become a major sector overnight if legalized across the nation, with tens of billions of dollars in revenue for governments at all levels, Barclays said in a report Wednesday. “We estimate that the total US cannabis market, if legalized today, could be worth $28 billion, increasing to $41 billion by 2028 on a pre-tax basis,” Barclays analysts said in a note to investors.” – CNBC
“Cannabinoid biosynthesis is an emerging technology that holds the promise of producing THC, CBD, and other cannabinoids at a fraction of the cost of traditional agriculture practices. With key players in this technology emerging and large cannabis companies investing in the science, it is a question of when, not if, this technology will dramatically change the cannabis supply chain. Ben Chiarelli, the Founder and CEO of cellular agriculture company Cellibre, spoke with New Cannabis Ventures about how this technology works, what it will take to commercialize it, and how it will help build global cannabis brands.” - New Cannabis Ventures
“James Parker, former chief financial officer for marijuana company MedMen, has come forward with new allegations of wrongdoing against his former employer by adding two more causes of action to the breach of contract lawsuit he filed in January.” – MJBizDaily
The Senate unanimously passed a bill to create an agricultural hemp program, which is seen as a way to help farmers who have been battered by hurricanes and hurt by citrus diseases.” – CBS Miami
“The state is seen by cannabis reform supporters as one of the movement’s strongest opportunities to end prohibition in 2019. Gov. J.B. Pritzker (D) campaigned on legalization last year, and legislative leaders support the idea. But, until now, the specifics of how the state might craft a legal marijuana market have remained elusive.” - Marijuana Moment
“Cannabidiol is an active ingredient of cannabis. Even though the benefits of this plant for women’s health are widely known, the story is different with CBD oil. People started using the oil recently, so there isn’t much evidence that would provide assurance about its contribution to health. In addition, the lack of research and testing add to the insufficient information about this oil. However, the oil has already helped many women deal with health problems. So, we’re giving you the complete guide to CBD oil’s effect on women’s health.” – Women Action Media
“MarketWatch sat with Gorenstein in the company’s downtown Toronto offices this week to discuss his outlook on the cannabis market, how he’s handling the Altria deal and how the cannabis industry is evolving, especially in terms of its use of related services.” Market Watch
Charlotte’s Web Holdings, Inc. the market leader in hemp-derived CBD extract products, is pleased to announce that Adrienne “Deanie” Elsner, former President of U.S. Snacks division at Kellogg Company, will join the Company as its Chief Executive Officer effective May 15, 2019.
“Deutsche Bank AG grew its holdings in Canopy Growth Corp (NYSE:CGC) by 111.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 176,861 shares of the marijuana producer’s stock after buying an additional 93,136 shares during the period. Deutsche Bank AG owned 0.05% of Canopy Growth worth $4,749,000 as of its most recent filing with the Securities & Exchange Commission.” - FIDaily
“Texas would become the 25th state in the U.S. to remove the threat of being jailed as a punishment for possessing small amounts of marijuana under a bill approved by the state House of Representatives on Monday.” – Forbes
“Marijuana industry leader Canopy Growth has struck a deal to buy New York-based Acreage Holdings in what would be the first major Canada-U.S. cannabis transaction – but the purchase won’t be executed until the U.S. government removes federal prohibition.” – MJBizDaily
“Bank of America Merrill Lynch deepened its interest in the cannabis industry by initiating coverage of the burgeoning sector, less than a year after it financed Constellation’s multibillion-dollar investment in Canada’s Canopy Growth.” – MJBizDaily
“Pax Labs, the popular vape maker, has today confirmed the close of a $420 million equity round, including from existing investors Tiger Global Management and Tao Capital Partners, and new investors including Prescott General Partners.” - TechCrunch
“In case you had any doubt about how mainstream and corporate 4/20 has become, you only had to attend the one-day-only inauguration of the Carl’s Jr. CBD burger Saturday, at one of its restaurants in a northern section of Denver.” - Leafly
“As people around the country mark 4/20 — the unofficial holiday celebrating marijuana — U.S. officials have released new guidance around marijuana for immigrants hoping to earn U.S. citizenship. Officials said Friday that immigrants involved with cannabis in any way — even in states where it has been legalized — could disqualify them from naturalization.” – CBS News
“William Barr, the new Attorney General for the Trump administration, indicated support for a pending federal marijuana legalization bill during an appearance before Congress on Wednesday. Responding to a question from Republican Sen. Lisa Murkowski of Alaska about the Strengthening the Tenth Amendment Through Entrusting States (STATES) Act, Barr said that the contradiction of a federal ban on cannabis while it has been legalized in some form in a majority of the states should not continue.” – High Times
“The bill passed by the New York City Council was the latest in a series of steps to ease cannabis restrictions as efforts to legalize marijuana have stalled.” – The New York Times
“Local Albuquerque station KRQE reports that "Gov. Michelle Lujan Grisham signed legislation last week that will decrease penalties for cannabis possession from a criminal to civil violation. Individuals caught with less than half an ounce of cannabis will face a $50 fine, instead of jail or prison time. Reduced penalties for being caught with drug paraphernalia (accessories) will also go into effect. The new law pertaining to cannabis reform goes into effect on July 1, 2019." – Forbes
A product developer and distributor of CBD products, derived from Colorado organically grown hemp-based CBD extract and other plant nutrient rooted in the health and wellness benefits is seeking a Manager of Packing Development.
The Genomic Scientist – Cultivation will provide technical expertise to enhance current traditional breeding techniques with advanced molecular assisted breeding technologies and analysis in order to deliver products faster with lower development costs.
A premiere consumer packaged goods company is seeking a Director of Sales, a leadership role for their Medicinals Division as the company continues to grow their footprint as a leader in the cannabis industry.
Source and lead direct investments across the capital structure of cannabis companies. Conduct comprehensive due diligence. Prepare and write investment memoranda and investment recommendations. Negotiate terms and conditions with potential portfolio investments. Analysis of company performance, market size and fit, management teams, financial statements, financial models, industry research, etc. Represent firm via board representation at investment company level.
“The Manufacturing Manager is responsible for overseeing all aspects of manufacturing operations to achieve output and efficiency targets. This position reports to the Director of Operations.”
The associate sells and services new and existing customers at our cannabis dispensaries. The position is also responsible for performing sales and service functions for targeted promotional items.
The Director of Sales will contribute to the success of the firm by overseeing the infrastructure expansion and revenue growth of the four business sales channels within the organization. The Director of Sales position will be responsible for collaborating with cross-functional business leaders, including Marketing, Finance, and Director of Business Development.
A cultivation company is looking for a Master Grower to join its team. The company is looking for an individual to work side by side everyday and operate/grow the operation to the fullest potential.
The Greenhouse Technician performs manual labor to assist in the upkeep, stocking, and fulfillment of growing medicinal cannabis, including, but not limited to; watering, feeding, flushing, pruning, washing, cloning, and transplanting under the supervision of the Greenhouse Manager. Attention to detail is extremely important. The ideal candidate will excel as a team member within a tightly controlled, state-regulated system and timelines.
We at Greenlight are growing and looking to hire Recruiters who want to join us in pioneering recruitment and search methodologies in the cannabis industry.