Kevin Hart had the once in a lifetime opportunity to smoke with Snoop Dogg, in that it felt like it lasted for a lifetime.
- Study: Combination of Cannabinoids and Chemotherapy Kills Leukemia Cells
- Zogenix: Could This Be The Greatest Threat to GW Pharmaceuticals?
- California Medical Cannabis Regulation Meeting in Los Angeles
- Colorado Governor Approves Medical Marijuana for PTSD
- Former NBA Star Debuting Uncle Cliffy Cannabis Products at Oregon’s Finest
North American Marijuana Index Drops 15% in May, Worst Month in Over a Year
The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the U.S. and Canada, decreased 15% in May as stocks sold off in both markets. This marks the worst performing month for the North American Marijuana Index since December 2015.
Marijuana Traceability: Washington Eyes METRC to Replace BioTrackTHC
On May 31, 2017, the Washington State Liquor and Cannabis Board announced that it had chosen Franwell as the Apparent Successful Vendor to replace BiotrackTHC, the state’s current marijuana traceability contractor. With Franwell scoring the highest out of the seven bids submitted, the state will now proceed by negotiating the contract with the company.
High Times Acquisition: Company Valued at $70 Million
On June 1, 2017, High Times announced that controlling interest in the company had been acquired by 20 investors, a group comprised of cannabis industry members, entrepreneurs and entertainment veterans. Oreva Capital, a Los Angeles-based investment firm, led the High Times acquisition, valuing the company at $70 million. The company will now operate as High Times Holding Company.