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CANNABUSINESS CURATOR: 10/13/17

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California wildfires continue
Wildfires continue to spread in Northern California and the toll is heavy, not only for its residents but for growers. The losses for farms is staggering. The California Growers Association has started a wildfire relief fund to support its membership. If you'd like to help, go here.

Space is the place
Our school science experiments were never this cool. A group of-let's just call them-researchers recently sent a pound of cannabis into space. What happened to it? Well, it fell back to earth. There's more to the story, though.

Oregon distributes cannabis dollars
Oregon's Department of Revenue has distributed nearly $85 million in state marijuana tax revenues. After three years of being legal in Oregon, the money from the sales of cannabis will benefit schools, alcohol and drug abuse treatment and prevention programs, other public health efforts, law enforcement and local governments. 

Headline of the week

Bad Cannabis Headlines Dangerously Misinform Readers

Meta, right? But, the article does make a good point: a bad headline can frame a cannabis story the wrong way. And that's a problem with legalization issues. 

Welcome aboard, Bindica!
Higher Ground is very pleased to welcome a new client to the family: Bindica. They design stylish (like Paris runways stylish) storage accessories that reduce cannabis (and other) odors. 

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CANNABUSINESS CURATOR: 10/6/17

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Growers innovate to lower energy usage
For many growers, the business comes with high energy bills and a heavy, carbon footprint. Read how farmers are starting to address the issue by innovating and experimenting.

Women of color find their niche
In 2013, the American Civil Liberties Union found that black people are nearly four times more likely to be arrested for marijuana possession than white people - even though the two groups use marijuana at roughly the same rate. Read how women of color are helping to change that.

Right-wing activists block access to medicine in San Francisco
In San Francisco's Sunset District, an epic battle for safe access to medicine has reached an unhappy conclusion. The Pacific Justice Institute, a conservative activist organization who has recently set their sights on fighting safe and legal access to cannabis, slyly argued that the highly respected Apothecarium is “no different from a street-level crack dealer” and, miraculously for a city many people think is progressive, the argument sadly won the day. Read more here.

SF legend goes legit
If you've been in San Francisco for any amount of time you probably have heard of Truffle Man and his long-running cannabis chocolate edibles devoured by Dolores Park-goers.  Well, he's leasing space in Oakland. For a storefront. Changing times, man.

Cannabis is ready for its close-up
A Washington photographer has spent the last three years capturing cannabis for major publications and agencies, all in the hope of painting the plant in the "positive light" it deserves. And, yes, the photos are gorgeous.

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CANNABUSINESS CURATOR: 9/29/17

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The interesting, fascinating 'gift economy'
In DC, instead of storefronts and dispensaries typically found in legalized states, Washington has developed a thriving "gift economy" marijuana industry. These businesses--many offering delivery--sell everything from coffee cups to artwork--all overpriced and all "coming with a little something extra."

Snoop Dogg, performer, investor
Rapper Snoop Dogg is investing in Toronto-based Trellis, a cannabis inventory management software provider. Snoop's venture capital firm is leading with a $2-million seed round.

Wine & cannabis, in perfect harmony
We love podcasts! Here's one from Wine Enthusiast magazine talking with Leafly.com as they discuss the cultural impact of legal cannabis. What are the similarities between how wine and cannabis are produced and enjoyed? And where does recreational use of cannabis fit in with wine?

California? Booming (no surprise there)
According to BDS Analytics, Californians spend most of their cannabis dollars on flower-- a whopping $375 million in just the second quarter of 2017 alone. And if that wasn't enough, there are an estimated 1,100 dispensaries and 2,000 delivery services flourishing across the state with no end in site. 

Headline of the week

Study: McDonald's Is A Big Hit With Cannabis Smokers

Maybe even the year.

 

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CANNABUSINESS CURATOR: 9/22/17

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Vegas cannabis lounges? Not so fast
Just last week we were discussing the potential for Nevada lounges. Things were rolling. Turns out there might be a longer wait for Vegas-type cannabis lounges or places to publicly partake. 

Sustainable farming gets lit
We keep reading more and more about sustainable farming for cannabis. It's certainly no easy feat. This profile looks at two brothers who are trying to put sustainable agriculture first--and change the way people think about sun-grown cannabis.

No bank account? No problem
A new company, Paragon, aims to build a blockchain (via tokens) for recording transactions in the legal marijuana industry. This could help cannabis companies that have struggled to get business bank accounts (because of that whole "federally illegal" thing). 

Former winemaker dips toes into cannabis
Mike Benziger sold his family's 85-acre winery in 2015, beat cancer (twice), started to focus on his health and is now back--growing produce--but also biodynamic cannabis. Cool story.

Headline of the week
Tailgating With Cannabis: 10 Strain and Product Must-Haves for Football Season
Hope you and your team score. 

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CANNABUSINESS CURATOR: 9/15/17

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Crabcakes and cannabis - at last!
With props to my home state, here's your introduction to the shakers and movers in Maryland's budding cannabis industry, hon.

A new kind of Vegas lounge
And not just lounges. Consumption at lounges, festivals, concerts, and one-off events would be allowed under state law.

Cannabis media website launches
A new website launched this week saying it wants to be the "cannabis industry's preeminent source for in-depth financial reporting." Called The Green Market Report, the site will publish news briefs on all facets of the cannabis business, including banking issues, investment, cultivation and extraction, as well as cannabis stock prices and wholesale prices. 

Who's going to rule cannatourism?
No surprise - it's probably going to be California. Here's one reason: Washington State and Colorado pretty much outlawed any form of meaningful cannabis tourism. And that leaves California to fill the gap.

California university launches professional cannabis series
Speaking of California (when are we NOT talking about California), Sonoma State University wants to offer a certificate program serving all aspects of the cannabis industry. They've already held a couple of seminars that are leading them on that path.

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CANNABUSINESS CURATOR: 9/8/17

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Are you prepared for federal legalization?
It's not a matter of if, it's when. The momentum is building. Cannabis will be legal across the land at some point. (Yes, we're optimistic.) Here are three things entrepreneurs need to do to prepare.

A different kind of water
Lime water? Pfttt. Cucumber water? So over. Cannabis water? Wait, what? Yes, cannabis-infused sparkling water is now officially a thing.

Cannabis prices falling?
Yep, according to the Wall Street Journal, the price of cannabis is falling across the country as states legalize for medical and recreational use.

Price check on aisle 420
BudTrader.com has launched the first Real Time Price Per Pound Cannabis Commodity Index. The index will update cannabis prices in real time. The site's users can see the median price of a pound by state and nationwide thanks to the calculations of a proprietary algorithm.

Headline of the week
Marijuana Investing Goes Wall Street: More Ties, Less Tie-Dye

(It's a great piece on how the industry continues to go more pro.)

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CANNABUSINESS CURATOR: 9/1/17

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Take a seat, liquor
The door is open! Nevada regulators say they'll open the state's cannabis distribution system to businesses other than big alcohol, rejecting an appeal by a liquor group to have total rights to transport. Regulators had allowed some retailers to provide their own transport, be that on cars, trucks...or busses. The wheels on the bus can keep going round and round - right guys? (Wink wink.)

Herb raises $4.1 million in seed funding
There's a funny joke about "seed funding" in there somewhere, right? Eventually, Herb wants to "become a site that you can visit for 'everything cannabis-related,' including buying weed from local businesses and getting it delivered to your home in just a few minutes."

Attention job seekers
A new site has launched that will allow job searchers to apply for jobs and create employee profiles, with a focus on cannabis-specific skills and software.

Good design: Always in style
Netflix has partnered with creative agency Carrot and a California cannabis dispensary to produce cannabis themes around several Netflix TV series. And? It's super awesome.

L.A.'s marketing earthquake
California cannabis companies are gearing up for the marketing gauntlet to recreational consumers, and brands are throwing exclusive events. For instance? A new, invite-only art gallery in L.A. will focus on "functional glass art" (hint: it rhymes with "gong").

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CANNABUSINESS CURATOR: 8/25/17

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CBD grows and grows
Hemp-derived cannabidiol (CBD) is projected to be a billion-dollar market in just three years, according to a new report by Brightfield Group. The data company estimates that hemp CBD sales have already hit $170 million in 2016 and a 55% compound annual growth rate over the next five years will cause the market to crack the billion-dollar mark.

A new kind of beer
Lagunitas has always been bold in the kinds of beer it produces and the business decisions it makes. So, of course, they've launched a new IPA made with cannabis terpenes provided by CannaCraft, a California company that makes cannabis vape cartridges called AbsoluteXtracts.

MassRoots keeps on rolling
MassRoots has bought yet another cannabis tech company--this time for $12 million. The company? CannaRegs Inc., a technology platform that tracks changes in cannabis regulations and taxes at municipal, state and federal levels.

Netflix debuting cannabis series
File under, "you know cannabis has gone mainstream when." Netflix is launching a new sitcom (or a "pot dispensary comedy"). The plot? Kathy Bates (yes!) employs her newly graduated son and a team of young budtenders to help run her Los Angeles marijuana dispensary. We'll be watching.

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CANNABUSINESS CURATOR: 8/18/17

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L.A. makes cannabis moves
Los Angeles has approved a new Cannabis Department head to oversee City Hall's new Department of Cannabis Regulation, a vote that comes as officials prepare for legalization of recreational marijuana in California.

CBD-infused water
A handful of cannabis companies are coming up with innovative new ways to tap into the health benefits of cannabidiol (CBD). In particular, CBD-infused water

Baking, er, banking services opens in Fla.
Orlando-based First Green Bank is giving new meaning to its name by offering financial services to cannabis businesses. It appears to be the first financial institution in Florida to serve the state's medical cannabis industry.

Wine & weed - Never boring
California is preparing to hand out licenses to marijuana businesses on Jan. 1. As a result, many are eyeing Northern California's winemaking regions as a pot of gold. One acre of cannabis grown in Northern California can be worth more than $1 million. Whoa.

CannaBus Culture Film Fest
In Fort Collins next month? CannaBus Culture Film Fest, who recently screened movies in Brooklyn are on their way to Colorado. They're screening cannabis themed short films and features at The Lyric Cinema in Fort Collins on September 22nd and 23rd. Want to see if the fest is coming your way. Go here.

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CANNABUSINESS CURATOR: 8/11/17

Will the exit number be 420? We hope so. 
Here's one way to save a small, abandoned town. Nipton, CA, population 20, has been bought and will be turned into a "weed lover's oasis in the desert, complete with marijuana retail outlets, cultivation facilities and even cannabis mineral baths." 

Dust off your resumes
The state of Massachusetts is assembling a five-member board to oversee recreational and medical marijuana across the state.

The Pepsi Generation
A former Pepsi factory that sat vacant for a decade is being retrofitted as an indoor cannabis grow - one of the largest in Colorado. We're curious to see how many former, large manufacturing and commercial facilities will follow suit. If we were commercial Realtors? We'd be all over this kind of stuff. 

We're running out of clever 'app' headlines
A new app, The Knalysis Wellness Tracker, helps consumers pick the best strain for them, from treating chronic pain, sleeping or relaxing. Here's what's even cooler: The company is collecting hard data to support medicinal cannabis use. The data "collected by Knalysis could sway lawmakers in the United States and other countries that haven't legalized medical marijuana yet."

Headline of the week!
Move over canned foods, make room for canned pot.
It's uncanny. (We try.) 

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CANNABUSINESS CURATOR: 8/4/17

Could cannabis lessen sports head injuries?
A recent major study on brain damage among former professional football players found that the brains of deceased players that were studied showed signs of chronic traumatic encephalopathy, a condition linked to head trauma. There might be a solution to lessen concussions: cannabis.

Cannabis meets affordable housing
Los Angeles is looking into the possibility of setting up a public bank to do business with marijuana dispensaries. The twist?  Said bank would focus on providing financing to small businesses and developers of affordable housing.

New trends in cannabis business
A new report is out that identifies several trends in the industry. Up there are new luxury brands (inevitable) as well as the emergence of software management companies - and data - like required seed to sale tracking. All that data being gathered? It's gold for many.

We do
Guess which next industry has jumped on the cannabis bandwagon? Weddings! In Colorado, Cannabis Wedding Expo is a new event where brides and grooms can meet marijuana vendors and get info on wedding services like day-of coordination, overall planning, floral arrangements, and cannabis open bars.

Headline of the week
Sen. Cory Booker Wants to Make Marijuana Legal Across U.S.- Could That Curb Opioid Epidemic?

Booker introduced a wide-reaching bill this week that would drop the federal prohibition on marijuana and even encourage states to legalize the drug.

And, while we're on the subject, a congressional committee voted last week to extend protections of state medical marijuana programs against federal interference.

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CANNABUSINESS CURATOR: 7/28/17

San Francisco Approves 'Office of Cannabis'
We've been following this and posting about it. One thing we want to know: will there be an Assistant to the Regional Manager

Forecasting Sales Of New Cannabis Products
Sure, it's sounds a bit wonky but it goes deep. And if you're an entrepreneur? Read this before you print business cards.  

Float on?
Can you partake on a boat, even in states where it's legal? That's a big fat no. According to the US Coast Guard, "it remains illegal to consume while on a boat in US waters-even if you're in a state that has legalized cannabis."

Total eclipse
Next month in Oregon there's going to be a total solar eclipse. And? It might break state sales of cannabis.

Headline of the week
5 celebrity dads who use marijuana

Here's a hint: Their first name of one of the five is "Willie."

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