Author: News Room
Renegade Piranha is a self-made weed roller to the stars. Other clients include Kid Cudi, Jadakiss, Drake, Madonna, Rihanna, and JR Smith. Oh, and the infamous Elon Musk smoking meme? She rolled that joint. When you smoke as much weed as Snoop Dogg, it makes sense to outsource the labor of rolling to a designated professional. In fact, Snoop told Howard Stern in 2019 that he employs a full-time, salaried blunt and joint roller to help satiate his appetite for a steady stream of microwaved blunts and joints each day. He’s even adjusted the salary for inflation. That mystery roller…
An Idaho Statesman poll by SurveyUSA released on November 5 found 68% of Idahoans believe medical cannabis should be legalized in the state. The poll found just 18% believed medical cannabis should remain outlawed with 14% unsure. The poll found less than half (48%) of respondents backed adult-use legalization in the state with 41% opposed and 10% unsure. The poll also found a minority of respondents – 11% – believed low-level cannabis possession should be met with jail time, with 43% saying such offenses should lead to a fine, and 42% supporting no penalty at all. The poll found…
Beverages are one of the fastest-growing categories in adult-use states: consumers who are looking for an alternative to drinking alcohol at social gatherings are turning to low-dose products they can sip while engaging with their friends. But perfecting a cannabis beverage product takes an understanding of the market, the right infusion method, and a delicate hand when flavoring. We recently caught up with Judy Yee, CEO and co-founder of K-Zen, to learn about the process of starting and scaling a cannabis beverage business in California. In this interview, we cover Judy’s background in healthy food and beverage, the process of…
Real Estate Investment Trusts (REITs) are companies that own or finance income-producing real estate. The Pelorus Fund, managed by Pelorus Equity Group, is a private mortgage REIT specializing in value-add commercial real estate lending in the cannabis space, value-add meaning that a portion of their loans are pre-approved budgeted improvements increasing the value of the property. These improvements can be for ground-up construction, tenant improvements, and entitlement work for land development for cannabis-use properties. Ganjapreneur spoke with Pelorus President Rob Sechrist about the company’s operations in the cannabis industry. “Our specialty has been in value-add lending and we’re one of…
The Colorado Summit, a new expansion team in the American Ultimate Disc League (AUDL), has announced the team is officially sponsored by Star Buds, a Colorado-based cannabis dispensary chain. Under the partnership, the Star Buds logo will be displayed on Colorado Summit jerseys; it will be the first time a cannabis company appears as a featured sponsor on a professional sports team’s jerseys, the company announced in a press release. The uniforms have similar colors to the National Hockey League’s Colorado Avalanche and those of the Major League Soccer team Colorado Rapids. The Summit jerseys will display the Star Buds…
The Drug Enforcement Administration (DEA) is moving forward with a plan to legalize a cocaine derivative. And even as the agency participates in a review of marijuana’s scheduling status directed by the president, it is dismissing public comments arguing that cannabis should be removed from federal control alongside the cocaine-derived substance it is now rescheduling. DEA first proposed descheduling the compound, [18 F]FP-CIT, last year and opened a public comment period for people to weigh in. Advocates picked up on the action, seeking similar treatment of marijuana given the plant’s established medical value. In a Federal Register filing on Monday,…
State-level marijuana legalization has had a “significant” economic impact—generating jobs, tax revenue and impacting real estate—according to a new report from a Federal Reserve Bank district. The Kansas City arm of the central bank, which covers five full states and parts of two other states, published the analysis last week, finding that the legal cannabis industry represents key sectors of the economy that are expected to grow as more states enact tax-and-regulate models. It also acknowledged that federal prohibition has created unique “challenges,” particularly as it concerns the current lack of access to traditional banking systems. NEW RESEARCH → 4…
There are hundreds of types of psychedelic mushrooms, each with their own level of potency. Potent mushrooms often lead to a more intense trip, and each type of mushrooms can lead to a different kind of trip or experience. Magic mushrooms have shown huge medical potential in treating a variety of health conditions, but it’s important to know how powerful these substances are before taking them. A little goes a long way, so be sure to start low and go slow—take a little bit and wait an hour or more to see how they’ve affected you before taking more. (For…
In the decade following adult-use cannabis legalization in Colorado, the state has sold $13.4 billion in sales, leading to $2.2 billion in taxes collected, 9 News reports. Brian Vicente, one of the co-directors of the campaign to pass Amendment 64, which legalized cannabis for adults 21 and older, said the reforms have been “an unqualified success.” Mason Tvert, the campaign’s other co-director, told 9 News that Colorado’s legalization win at the ballot box 10 years ago “inspired a lot of discussions and got a lot of elected leaders both in the U.S. and abroad examining their cannabis policies.” Since 2012,…
From hempcrete to hemp wool and even hemp-based fiberglass, it has been demonstrated time and again that hemp-based building materials are a sustainable alternative to more commonly used building supplies. In this Q&A, we ask Hempitecture CEO Mattie Mead about the burgeoning hemp industry and what it could mean for the future of construction and, ultimately, the health of our planet. This interview covers the founding of Hempitecture, the company’s status as a Public Benefit Corporation, the differences between hemp-based building materials and more traditional products, efforts to train contractors in the use of hempcrete, and more! Find the full…