8
May
2019

Can Santa Barbara County become cannabis king? Economist says growing pot offers opportunities

Santa Barbara County could become one of the nation’s leading cannabis sources, providing an opportunity for those already being squeezed out of other crops by competition and costs, based on an economist’s review of issues delivered Tuesday at the North County Economic Summit in Santa Maria. Peter Rupert, executive director of the UCSB Economic Forecast

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8
May
2019

Many traditional VCs are hesitant to buy into cannabis startups, but these investors are taking the plunge

Venture capital is upping its tolerance for cannabis investments. At DCM’s CannTech conference in San Francisco on Tuesday, Casa Verde Capital Manager Partner Karan Wadhera spoke about the hurdles facing venture firms that want to invest in cannabis startups but have partners that are not yet comfortable wading into the murky legal waters. “Every major

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7
May
2019

Medical marijuana growers see budding opportunity in legalizing recreational pot

A medical marijuana cultivation center in Elk Grove Village is financially banking on the state legalizing recreational marijuana — expanding its grow operation and building a lab to process marijuana products in anticipation of what will undoubtedly become a booming industry should it pass. Illinois Grown Medicine in the northwestern suburb is confident it will

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2
May
2019

Man Donates $9 Million to MIT and Harvard for Cannabis Research

A Manhattan-based investor has dropped $9 million to fund marijuana research at his alma maters—Harvard University and the Massachusetts Institute of Technology. According to the Harvard Gazette, Charles R. Broderick has donated $4.5 million to each institution to study marijuana’s effects on health and behavior. The donation is reportedly the largest private gift to benefit

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