High Times Makes Bold Move Into Marijuana Retail With $80 Million Deal

The owner of pioneering cannabis magazine High Times said Tuesday it is acquiring 13 operating and planned marijuana retail stores in California for $80 million. The purchase, which is being made mostly in stock, reflects an aggressive move into retail under the company’s new management team. Los Angeles-based High Times Holding Corp. is acquiring the […]

High Times makes bold move into marijuana retail with $80 million deal is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Original Article Source: https://mjbizdaily.com/high-times-acquires-harvest-health-and-recreation-cannabis-stores-for-80-million/

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New York City Adds More Exceptions To Pre-Employment Marijuana Testing Ban

An ambitious campaign to decriminalize psychedelics in Washington, D.C., is one step closer to placing their measure on the November ballot with the formal submission of tens of thousands of voter signatures. Organizers have been scrambling for weeks to collect enough signatures from D.C. voters by Monday’s deadline amid historically difficult circumstances: a global pandemic, months of stay-at-home orders and protests over racism and police violence that filled the streets of the nation’s capital. But with the help of innovative signature-gathering techniques and allies flown in from across the country, advocates said they had successfully submitted upwards of 35,000 signatures—more than enough to qualify the initiative. If approved by voters, Initiative 81 would make enforcement of laws against plant- and fungus-based psychedelics among the “lowest law enforcement priorities” for the Metropolitan Police Department. It would not, however, legalize or reduce penalties for the subs...

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Cannabis Has Its Sundance Premiere At Wellhaus The Festival's First-Ever CBD Lounge

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