Since adult-use cannabis passed in Missouri in 2022, the state recently divided $15 million in adult-use sales revenue to fund support services for military veterans and substance abuse treatment programs, as well as the Missouri Public Defenders budget. That amount is projected to increase to $19 million by the time the fiscal year ends on… Keep Reading
Eaze—California’s largest cannabis delivery service, once valued at $700 million and backed by Snoop Dogg—now faces foreclosure. SFGate reports that it follows an ownership battle in court for the once-mighty delivery service that’s dragged on for over a year. WeedWeek reports that the company defaulted on a loan issued by tech investor Jim Clark. Clark,… Keep Reading
Bob Marley: One Love debuted at No. 1 at the box office collecting $33.2 million over the weekend, bringing its domestic total to $51 million. Internationally, the film earned $29 million and is expected to collect $80 million globally, exceeding expectations and toppling Marvel’s latest film. On its first day alone, the film raked in… Keep Reading
Nigerian-born artist Burna Boy, 32, revealed that he turned down a $5 million offer to perform in Dubai in the United Arab Emirates (UAE) because smoking cannabis is banned in the city, and the punishments are severe. Per the local law, attempting to enter Dubai with cannabis can result in a five-year sentence, and if… Keep Reading
Over the past three years, Chad Bronstein has raised over $100 million across public and private markets, and he’s only getting started. The entrepreneur is the brains behind three successful companies, Fyllo, WeSana and Tyson 2.0, which provides a wide range of services in cannabis and psychedelics. Bronstein is here to help the cannabis industry… Keep Reading
Cannabis point-of-sale platform Flowhub announced on Tuesday the closing of a $19 million round of strategic funding, including significant participation from venture capital firms Headline and Poseiden as well as a personal investment from entrepreneur and hip-hop billionaire Shawn “Jay-Z” Carter. The new round of funding for Flowhub brings the total amount of capital raised… Keep Reading
50 years after nearly a half million people descended on a New York dairy farm for the three-day Woodstock Music and Arts Fair, the event has taken on a near-mythical place in our collective imagination, one that’s rooted far more in nostalgia than reality. Creating Woodstock is a feature-length documentary that goes beyond the overly-enchanted… Keep Reading
