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| January 17, 2019

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Marijuana Archives -

Marlboro cigarette maker places a $2.4-billion bet on marijuana

December 8, 2018 |

Altria Group Inc., one of the world’s biggest tobacco companies, is diving into the cannabis market with a $ 2.4-billion buy-in.

The Marlboro cigarette maker is taking a 45% stake in Cronos Group Inc., the Canadian medical and recreational marijuana provider said Friday.

Altria will pay an additional…


L.A. Times – Business

Coca-Cola to Take It Slow on Marijuana

November 1, 2018 |

The company says it will wait until scientists agree on the safety of cannabidiol before adding it to its products.
WSJ.com: US Business

TMZ

Marijuana Mansions Coming to Los Angeles, Geared Towards Athletes

October 31, 2018 |

One high-end real estate developer is going green … building weed-friendly mansions for athletes looking to harvest their own herb at home and take advantage of the plant’s healing powers without ever having to get off the couch!  Ray Nosrati…

TMZ.com

Marijuana Became Fully Legal in Canada at Midnight

October 17, 2018 |

A dream came true at midnight for Newfoundland man Ian Power: He became the first person to legally buy marijuana in Canada for recreational use. Power was the first in line at a new store in the country’s easternmost province—and earliest time zone—when recreational marijuana officially became legal,…
Newser

CNN

Recreational marijuana is now legal in Canada

October 17, 2018 |

Recreational marijuana is now legal all over Canada.
CNN.com – RSS Channel – World

TMZ

Daz Dillinger Arrested for Marijuana Possession, Facing 13 Felony Counts

September 26, 2018 |

Daz Dillinger got busted for allegedly having a bunch of weed in his Georgia home … and now he’s facing multiple felony charges. Tha Dogg Pound rapper was arrested Tuesday just before midnight at his place in Powder Springs — about 20 miles…

TMZ.com

Florida Candidate Dumped by Wells Fargo Over Marijuana

August 21, 2018 |

A political candidate in Florida has been dropped as a customer by Wells Fargo for her ties to and support of medical marijuana. Per the Tampa Bay Business Journal , Democratic candidate for agriculture commissioner Nikki Fried was forced to move her campaign funds to another institution because of this stance….
Newser

Parent of Corona beer bets $3.8 billion on U.S. love of marijuana

August 15, 2018 |

Constellation Brands Inc., which for seven decades has made its money off beer, wine and whiskey, sees its future in a marijuana leaf.

In the biggest (legal) marijuana deal, the Victor, N.Y., beverage company will spend about $ 3.8 billion to boost its stake in Canadian grower Canopy Growth Corp.,…


L.A. Times – Business

Full vending machines. Pot on the pillow. What some California hotels are doing to attract marijuana smokers

June 24, 2018 |

A few months after California legalized recreational use of marijuana, the Desert Hot Springs Inn in the Coachella Valley began advertising itself as cannabis friendly — a place where guests can smoke by the pool or heat up a vaporizer in the rooms.

What surprised innkeeper John Thatcher was not…


L.A. Times – Business

Trump’s Marijuana Comments Put Him at Odds With Sessions

June 9, 2018 |

Attorney General Jeff Sessions wants to move the nation further away from the legalization of marijuana. His boss? Not so much, apparently. President Trump on Friday suggested he will back legislation currently in the works to end, or at least ease, the federal ban on marijuana, reports NPR . “I probably…
Newser