Former U.S. Senator Mike Gravel (R-Alaska), and CEO of Cannabis Sativa Inc. (OTC:CBDS), has
netted more than $555,000
selling shares in the company. Analyst Alan Brochstein, who first reported the transaction at New Cannabis Ventures, said the proceeds “far exceed any economic value that has been created by the company, as CBDS reported sales of only $24,243 through the first three quarters of 2016.”
The Teamsters, and other special interests
are arriving in Sacramento with thoughts on how to regulate marijuana.
Canadian Bioceuticals (CSE:BCC)
a group of companies in Arizona and the option to buy a licensed grow in North Las Vegas for $25 million.
Just like in legal industries, cannabis regulators are beginning to
cash in as lobbyists
. The industry is also
stepping up campaign contributions
in New Mexico.
In Canada, the smaller banks, which tend to have fewer U.S. ties, are
snapping up cannabis clients
Business is good at publicly-traded lawn-care company
(SMG) which is aggressively moving into hydroponics. The
is trading near an all-time high.
filed a patent for a vaporizer
. It’s not clear whether the technology is related to cannabis, cars, “interactive holograms,” or something else.
The L.A. Times looks at the “
” of running a cannabis business.
An Oregon cannabis entrepreneur is organizing an
industry conference in Germany
. Canadian producer Tilray said it will
export oil to Chile
UC Davis is offering a “
physiology of cannabis
” course. City College of San Francisco is
designing a curriculum
for students who want to work green.
In Santa Ana, Calif.
legal dispensaries are suing the town’s 14 unlicensed dispensaries
: “These facilities do not pay city taxes, provide proper on-site ventilation, which negatively affects the air of surrounding communities, and have not ensured their employees have undergone background checks,” a lawyer representing the plaintiffs said.
The defendants include Sky High Holistic, which made news in 2015 after a raid where police were caught snacking and mistreating an amputee. The police later argued, unsuccessfully, that since they believed they had disabled the video cameras on premises they should not be blamed for what a camera they failed to disable captured.
Cannabis investor Alain Bankier discusses the
three attributes he looks for
Health and Science