The CBD fad is growing quickly in America, with everything from hemp-derived CBD vaporizers to high-CBD strains like AC/DC and Harlequin becoming more and more popular for medication. Multiple times each week, Westword receives another announcement of the record-breaking revenue that CBD products are pulling in.
Over the past several months, New Times dug into the backgrounds of the seven companies’ current and former owners, executives, and partners. These marijuana moguls include some of the state’s best-connected and savviest businesspeople. Many also have backgrounds that haven’t been explored in-depth. Among them are a real-estate developer once tied to political corruption, a hedge fund manager who recruited two gambling tycoons as investors, an attorney embroiled in a burgeoning Tallahassee FBI probe, a Gainesville entrepreneur who bought a franchise from one of the largest cannabis companies in Colorado, an ex-IBM executive, a Miami mortgage broker, and some of the largest nursery operators in Florida.
Dear Stoner: My question is about the different forms of weed. I recently bought a half-ounce, and the weed was in balls the size of marbles; they were too small to be buds. Why was it like this?
Evolab has new leadership, but that leader has a familiar face in the cannabis industry. On August 28, the CO2 extraction company announced that it had hired former Mary’s Medicinals CEO Nicole Smith to head Evolab.
Medical-marijuana businesses in Maricopa County haven’t been paying as much in property tax as they could.
County Assessor Paul Petersen wants to change that.
Over the next few years, his plan to start enforcing business personal property tax on dispensaries and cultivation facilities is expected to yield millions of dollars in new revenue for county schools and community colleges. The Phoenix New Times has the story…
Today, August 28, marks the debut of Blazin’ Hit Radio, the new online home of Larry and Kathie J, whose popular KS 10 7.5 morning show was canceled after a contract dispute earlier this year. The station is sponsored by The Green Solution, a powerful Colorado marijuana dispensary company with a growing national profile, and its signature show, which will broadcast live from 5 a.m. to 10 a.m. weekdays, promises to combine an uncensored variation on the humorous antics that scored big ratings in Denver for fifteen years with a mix of hip-hop, reggae, contemporary hits and throwbacks.
Back in April, Governor John Hickenlooper and the governors of three other states that have legalized recreational marijuana sent a letter to Attorney General Jeff Sessions and Treasury Secretary Steve Mnuchin, urging them to respect the rights of states to pass such measures, and to consult with the states that have been operating under 2013’s Cole Memorandum before making any enforcement changes.
Veteran journalist Peter Marcus is leaving the ambitious ColoradoPolitics.com website he helped launch last November in favor of a communications-director position with Terrapin Care Station, a marijuana dispensary chain that’s spreading beyond Colorado. And in explaining the factors that led to his decision, he makes an observation that speaks to the divergent trajectories of the two professions.