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Think Big, founded by Biggie Smalls' son, will release cannabis products like pre-roll joints, gummies, vapes, apparel, and more, and will focus on marijuana’s ability to inspire "creativity, contemplation, and healing."
High taxes and restrictions on dispensaries are creating a situation where companies like MedMen are losing money, though the company's also stabbed itself in the foot as of late.
Nextleaf plans to commercialize its intellectual property portfolio by providing B2B processing services to licensed cultivators and supplying cannabis oil and extracts to qualified Canadian and international partners under the client’s own brands.
The report concluded that by the end of 2018, there were 211,000 full-time workers in the cannabis industry spanning both the medical and adult-use side of things, with more expected growth to come.
In an effort to prevent children from getting into their parents' cannabis, industry regulators have imposed strict rules on packaging that go beyond even the regulations imposed on the alcohol trade.
Shifting cultural attitudes and pro athletes advocating cannabis have made it easier for many former sports stars to go green over the past few years.
MedMen, one of the biggest names in cannabis, recruited Spike Jonze to direct a short film featuring 'Grey’s Anatomy' star Jesse Williams. The pair were seen last week in Los Angeles shooting for the project.
This is the first hearing to be held by the new Congress that will begin tackling the issue of banking for cannabis companies. Businesses that work in states where cannabis has been legalized continue to struggle with financial institutions.