After 42 years of being a leading voice for the cannabis community, High Times has been acquired by California-based Oreva Capital, a group of 20 entrepreneurs and investors, in a deal valued at $70 million. High Times is well-known for their Cannabis Cup events, 236,000 monthly print subscribers and the 20 million unique users to their site on a monthly basis. This is … [Read more...] about High Times Acquired in Deal Worth $70 Million
In states that have been legalizing recreational marijuana, an important question is posed for the workers of said states. "Can I get fired for using legal recreational marijuana?" This question is especially relevant for the workers of California, six months ago California voted in favor of Proposition 64. Proposition 64 is the recreational marijuana initiative that allows … [Read more...] about Can I Get Fired For Using Legal Recreational Marijuana?
On Monday the Cleveland city council introduced a bill that would eliminate cultivation from the existing moratorium, meaning there would no longer be a ban on medical marijuana growing sites. However, the bill leaves in place bans on processing of marijuana into medical products along with the establishment of dispensaries for selling marijuana products. This bill was … [Read more...] about Rethinking Ban on Medical Marijuana Growing Sites in Cleveland
Residents of Nevada will be able to buy recreational marijuana as soon as July 1. The Nevada tax commission voted Monday to allow medical marijuana establishments to apply for temporary licenses allowing them to sell to the general public. Nevada voted to legalize recreational marijuana last November marking January 1st as the deadline for developing permanent regulations. … [Read more...] about Nevada Able To Sell Recreational Marijuana Earlier Than Expected
While medical marijuana has been legal in Australia since November, it has been extremely difficult to receive your prescribed medicine. Getting a prescription wasn't that hard part, as is the case in many areas, but actually receiving your medicine could take months. This excruciating delay was due to the fact that no actual major shipments of medical marijuana products had … [Read more...] about Australia Receives First Imported Shipment Of Medical Marijuana Products