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It could be a rare chance for ordinary investors to buy into the Green Rush.

Here’s your daily round-up of pot-news, excerpted from the newsletter WeedWeek. Download WeedWeek’s free 2016 election guide here.

Innovative Industrial Properties, a cannabis Real Estate Investment Trust (REIT), filed to go public on the New York Stock Exchange. Led by experienced real estate executives, it plans to sell $175M worth of shares. The deal is the first of its kind.

The industry would rather see it younger.

Here’s your daily round-up of pot-news, excerpted from the newsletter WeedWeek. Download WeedWeek’s free 2016 election guide here.

In Ottawa, a city public health board said the legal purchase age for REC should be 25, citing brain development. Bruce Linton, CEO of major grower Tweed, said the age should be 19, same as the drinking age in most of Canada.

Prohibition is part of the international order.

Here’s your daily round-up of pot-news, excerpted from the newsletter WeedWeek. Download WeedWeek’s free 2016 election guide here.

As Canada moves to legalize it has two options regarding international treaties to which it is a part. It could take a “ principled stand” against prohibition or quietly withdraw from the treaties and then attempt to re-enter them with exemptions. Canada being Canada, it is leaning towards the quiet approach.

The state’s growing regions can be dangerous.

Here’s your daily round-up of pot-news, excerpted from the newsletter WeedWeek. Download WeedWeek’s free 2016 election guide here.

Two women were arrested for detaining four brothers on a California pot farm and forcing them to work for six months. In Colorado, 14 Chinese nationals were arrested at an illegal grow. Authorities are investigating whether they were “labor trafficked.”

In SFWeekly, I recommended that the industry adopt an abuse-free product certification to curtail worker exploitation.

After retiring from the league he joined the industry.

Here’s your daily round-up of pot-news, excerpted from the newsletter WeedWeek. Download WeedWeek’s free 2016 election guide here.

Cannabis activist and former NFL-player Eugene Monroe is part of a company suing Maryland regulatorsfor rejecting its permit application. Maryland lawmaker Dr. Dan K. Morhain faces an ethics investigation. He championed MED and serves as the medical advisor to a MED company.
Colorado Springs Mayor and legalization opponent John Suthers (R) told an Arizona audience todecriminalize, don’t legalize. Colorado Springs ordered 9 consumption clubs to “ cease and desist” operations.

It received the British equivalent of bipartisan support. 

Here’s your daily round-up of pot-news, excerpted from the newsletter WeedWeek. Download WeedWeek’s free 2016 election guide here.

In the U.K., a group representing MPs and Peers from concluded that banning MED is “ irrational.” It is being touted as a major step towards legalization.

Cannabis is an issue in Berlin’s upcoming election.

Vermont’s legislature is revisiting REC after failing to pass it last year. Arkansas Gov. and former DEA chief Asa Hutchinson (R) criticized supporters of the state’s upcoming MED votes for misleading the public about the plant’s medical benefits.

The activists put up a long fight.

Here’s your daily round-up of pot-news, excerpted from the newsletter WeedWeek.

Michigan almost certainly won’t vote on REC this year. The state’s Senate advanced regulation for MED dispensaries.

Both MED initiatives that will appear on the Arkansas ballot “ are simply recreational marijuana masquerading as medicine,” according to Jerry Cox, executive director of the conservative Christian group Family Council. If both initiatives pass, the one with more votes prevails.

The state votes in November.

Here’s your daily round up of pot news, excerpted from the newsletter WeedWeek.

Sen. Elizabeth Warren (D.-Mass.) said she’s “open” to REC legalization in Massachusetts.

Pennsylvania is moving aggressively to create rules for its MED industry. Major regulatory changes are coming in L.A.

Portland (Ore.) City Hall is fighting with a pot shop about a license requirement.

In SFWeekly, I said we need more weed reporters. I also spoke to HelloMD about WeedWeek and the cannabis beat.

None of them touch the plant.
The following is excerpted from the newsletter WeedWeek. Get your free and confidential subscription at WeedWeek.net.
Four cannabis companies made the Inc. 500 list of fastest growing private companies. They are the media site Leafly, Apeks Supercritical, a manufacturer of extraction equipment, Marijuana Business Daily, and GrowersHouse.com, an equipment retailer. Inc. spoke to MBD’s Cassandra Farrington “ High priestess of marijuana business intelligence.”

Marijuana Business Daily estimates that tourists in Colorado bought almost $100M worth of REC last year, about 17% of the state total.

The stigma is shrinking and the money is growing.

The following is excerpted from the newsletter WeedWeek. Get your free and confidential subscription at WeedWeek.net.

Private equity investment in weed is heating up. Canadian MED company Organigram raised $17.5M. Denver’s Baker Technologies, a software company which helps dispensaries win and retain customers, raised $1.6M. The industry’s average seed round is $1M according to investment firm Poseidon Asset Management.

Commodities investor Jim Rogers, who started Quantum Fund with George Soros, has invested in PharmaCielo, a Canadian company that won the first license to grow MED in Colombia.

CMH Brands, a company which processes Willie Nelson brand Willie’s Reserve, acquired Denver Relief’s grow and manufacturing facilities. The deal comes weeks after Denver Relief sold a store to Terrapin Station.

The Clinic’s new flagship store in Denver cost more than $1M. A JPMorgan analyst thinks Scotts Miracle-Gro’s push into the industry will benefit the stock. Bloomberg BusinessWeek interviewed Dixie CEO Tripp Keber.

Fast Company looks at what it’s like to work for social media app MassRoots.

San Jose, Calif., dispensary Medimarts promised a court fight against a ruling that it owes $767,000 in taxes and late fees.

787 drivers were involved in Colorado’s 546 driving fatalities last year. Of the drivers, 59, or 7.1% tested positive for cannabis but not other drugs. The total number of fatalities was down from 606 in 2005.

Researchers found that a Vermont Department of Health study was overly negative and did not account for the possibility of legalization alleviating the state’s opioid crisis. This year the state legislature failed to pass a REC bill that was widely expected to become law.

In the Des Moines Register, the founder of an addiction center writes that pot is still dangerous. “We see the faces of marijuana addicts first hand. And it’s not funny. We see people who struggle with simple tasks at school and work.  People incapable of perceiving or expressing emotion. People who suffer from higher incidence of mental health diagnoses, such as schizophrenia, paranoia and anxiety.”

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