The biggest unclaimed territory in the consumer discretionary universe is cannabis. Even though cannabis remains illegal under federal law, Americans spent $6 billion in 2017 on legal recreational and medical marijuana. Why it matters: Americans may have spent a total of $50 billion on recreational cannabis last year, according to the best estimates. That leaves […]
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LAX is totally cool with passengers packing it in their carry-ons—but if it’s illegal where you land, that’s on you. It looks like travelers in Los Angeles won’t have to cram their weed inside balled-up socks or stash it in their ibuprofen bottles next time they fly—because LAX is totally chill about bringing pot into […]
The future of the industry is all in the nose. Looking for a new angle to approach the cannabis business? While medical and lifestyle entrepreneurs have been honing in on the active cannabinoids, like THC and CBD, it turns out the real soul of the plant has been right under our noses. Terpenes are the […]
Epidiolex treats two types of epileptic syndromes The drug is expected to become available in the fall (CNN) — The US Food and Drug Administration approved a cannabis-based drug for the first time, the agency said Monday. Epidiolex was recommended for approval by an advisory committee in April, and the agency had until this week […]
CBD is legal, and has been taken off the WADA Prohibited Substances List. In February 2008–ten years ago this past winter–Thomas Vanderham, a mainstay in freeride mountain biking, crashed badly in Utah while filming for The Collective’s third movie, “Seasons.” With most footage bagged for the spring release that year, his crew was trying to […]
If the move to make it legal succeeds, entire industries could be revolutionized. Today, the U.S. is the world’s largest consumer of hemp products. But because of the federal prohibition imposed on cannabis and hemp, the U.S. is importing an estimated $100 million of hemp products each year.
Elevated by its potency and portability, formerly-niche cannabis oil is going wide. SOME TIME AROUND the mid-aughts, folks in the weed industry began to notice a shift in the market. Pot smokers were smoking less, and dabbing more—heating the plant’s oily extracts to inhale high concentrations of hallmark marijuana molecules like THC. Extracts, which go […]
“Enjoy a light, social high,” says the funky bottle of California Dreamin’ cannabis-infused sparkling pomegranate juice. Launching today at Y Combinator Demo Day, California Dreamin’ is serving up an alcohol alternative that still gets you lit, but without the same hangover or health issues.
Weed and yoga might just be a match made in heaven. But despite pot’s legal status in Denver, “ganja yoga” isn’t permitted. Well, unless you get stoned yourself and then go to a yoga class. But maybe there’s another option on the way…
Rebel Coast Winery has produced the world’s first alcohol-free, THC-loaded white wine(Credit: Rebel Coast Winery)
As states legalize marijuana across the country for medical and recreational use, prices are dropping faster than growers and sellers would like them to, according to the Wall Street Journal. The cannabis industry has grown over the past few years, bringing in more than $6 billion a year in retail.
OAKLAND, California – The storied Silicon Valley venture firm Benchmark Capital has launched a slew of tech companies: Twitter, Uber, Snapchat, Instagram. Now its search for the next big thing has led it to … pot.