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Big-money investors are starting to see the upside in going “green.”

Following Microsoft’s recent partnership with Kind Financial, Google may want to go green as well. John Lord, CEO of LivWell, a large vertically-integrated producer in Colorado, said the search giant had reached out to him. (On The Cannabist Show, Lord discusses the implications of industry-hated tax provision 280E.)

Venture capitalists are shaking off the stigma. The Bloomberg article contains the tidbit that New York’s health department uses Oracle software to monitor its MED program.

Jim Hagedorn, CEO of publicly-traded Scotts Miracle-Gro, said he want’s to “Invest, like, half a billion in the pot business…It is the biggest thing I’ve ever seen in lawn and garden.” Since 2015, Scotts has spent $255M acquiring companies that make soil, fertilizers, lighting and hydroponics. He pledges to invest $150M more this year.

Ohio is considering a cashless system — think pre-paid debit cards — for its newly legalized MED industry.

Colorado company Helix TCS acquired online wholesale platform Cannabase for an undisclosed sum. Wholesale prices are falling fast in Colorado.

Stock in Insys Therapeutics jumped after the FDA approved its cannabis-derived drug.

According to the Tampa Tribune, there are  15,000 businesses nationwide  providing ancillary products and services to the cannabis industry.
The Verdes Foundation is the  highest-grossing producer  in New Mexico. (The state’s MED industry is non-profit.) MED dispensaries in Hawaii can open next week but  most aren’t ready .
NORML executive director Allen St. Pierre reportedly resigned after 24 years. He will remain on the organization’s board. His interim replacement is treasurer Randy Quast.
Excerpted from the newsletter WeedWeek. Get your free and confidential subscription at

All photos by Jack Rikess for Toke of the Town

By Jack Rikess
Toke of the Town
Northern California Correspondent
By the time our drug-addled President landed in San Francisco around 3 p.m., he’d already scored one bust for the day when some wrong-way Cessna had the bad misfortune to be within 10 miles of Air Force One’s air space that the Feds already had dibs on. Two F-16’s intercepted the myopic business person, forcing the ganja express to land. Officials claim that large amounts of marijuana were found.
Welcome to California, Mr. President. Now try to pretend that there isn’t an economy here that is based on the cultivation of cannabis.
I’m sure after sneaking a few smokes he entered his $35,000 a plate fundraiser at a downtown five-star hotel for the purpose of filling up his campaign war chest and reassure us that the country is getting back on track.

Photo: The Huffington Post

​A farmer in France has been given a one-month suspended jail sentence for feeding cannabis to his 150 ducks.

Michel Rouyer was arrested after police found 12 cannabis plants and 11 pounds of marijuana during a search of his home in the village of Gripperie-Saint-Symphorien, reports
“There’s no better worming substance for them; a specialist advised me to do it,” the farmer said.
His lawyer, Jean Piot, added, “This is for real; not one [duck]has worms and they’re all in excellent health.”
But authorities thought he was a quack.
“We have never investigated a case like this,” police said. Rouyer was given a one-month suspended jail sentence and fined 500 euros (about $700).