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Cannabis Wednesday News: Publicly Funded Cannabis Social Equity Kitchen Launched

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"Cannabis Wednesday News: Publicly Funded Cannabis Social Equity Kitchen Launched; Wildfires Have Devastated the West Coast Cannabis Industry, etc."

Publicly Funded Cannabis Social Equity Kitchen Launched

Ebar - A publicly funded social equity kitchen to support people of color who want to enter the infused cannabis market was announced Tuesday by lesbian Amber E. Senter, CEO of the Oakland-based cannabis company, Breeze Distro.

Senter, a co-founder of Supernova Women, a 5-year-old nonprofit whose mission, according to its website, is to "empower people of color to become self-sufficient shareholders in the cannabis industry," wrote in an email, "There has been some stop-and-start in my world and I have been steadfastly working on a project that I'm really pleased to announce."

Australia Unprepared for Over-the-counter Medical Cannabis Sales

sydney - New analysis by the Lambert Initiative for Cannabinoid Therapeutics at the University of Sydney shows that access to products containing cannabidiol in Australia is far more difficult than in many other countries.

In Australia and New Zealand, however, CBD products are highly regulated and can only be accessed by a doctor applying on behalf of a patient through a complex and expensive “special access” process.

College Students Taking a COVID Gap Semester Are Turning to Cannabis Jobs

leafly - COVID-19 has wreaked havoc on the college experience. That gap semester has left as many as four million college-age adults looking for work. In looking for a Plan B, some students are turning to the cannabis industry.

Cannabis job applications are up. Recruiters like James Yagielo, CEO of Hempstaff in Miami, FL, says that since June his company has seen more applications from young adults in the middle of their degrees.

Students are turning to the cannabis industry. - leafly

Ohio Reports Increase In Active Medical Cannabis Patients

Hightimes - Ohio's still-young medical marijuana program saw its pool of active patients go up as summer wound down this year, according to new data.

Citing figures provided by the Ohio Medical Marijuana Control Program, Cleveland.com reports that the "number of Ohio medical marijuana patients who have purchased products from state dispensaries increased by 3.4% between July and August." 

Cannabis Company Gets Go-ahead for Development in Weed

mtshastanews - A cannabis-growing company won approval from Weed’s city council Thursday night for a development agreement, ensuring that city ordinances and zoning codes in place when it takes effect cannot be undone by changes made in the future.

The council voted 5-0 to approve the agreement between the city and Shasta-Jefferson Growth, Inc, which hopes to grow cannabis in greenhouses, manufacture cannabis products and truck them from facilities in South Weed.

Over $2 Million of Funds from Missouri’s Medical Cannabis Program Go to Veterans

Cannabisbusinesstimes - The Missouri Department of Health and Senior Services (DHSS) has announced that over $2 million of funds from the state’s medical cannabis program will be transferred to the Missouri Veterans Commission for health and care services, according to an OzarksFirst.com report.

Lyndall Fraker, director of the Section for Medical Marijuana Regulation, told the news outlet that medical cannabis facilities are now operational in the state, with the first testing laboratory set to open soon, and that medical cannabis will be available for patients later this month.

Wildfires Have Devastated the West Coast Cannabis Industry

ganjapreneur - It’s wildfire season in the U.S. and cannabis companies up and down the West Coast are feeling the impact. From burned farms and property to potentially contaminated crops from prolonged exposure to smoke, heat, and fire retardant, cannabis businesses in California and Oregon are bracing for yet another difficult fall.

The wildfires, which have reportedly claimed at least 35 lives and burned millions of acres so far, have also sparked camaraderie among cannabis businesses who might otherwise be considered competitors.

The cannabis industry has been hit hard by wildfires raging up and down the West Coast. - ganjapreneur

Columbia Care to Acquire California's Project Cannabis in $69 Million Deal

thcnet - New York-based cannabis firm Columbia Care has agreed to purchase California’s Project Cannabis in a deal valued at $69 million.

In a news release, the multistate operator said it would trade as much as $57 million worth of stock and pay at least $12 million in cash to acquire the Los Angeles-based vertically integrated cannabis company.

The transaction is expected to close in the fourth quarter of 2020, and it comes just days after Columbia Care completed its acquisition of Colorado’s The Green Solution.

Illinois Cannabis Sales Peak Record High In August

benzinga - On Tuesday, Illinois released its data on cannabis sales for the month of August.

Adding together medical and adult-use sales, the Prairie State reached a record high of over $95 million in legal cannabis retail. The consumer demand remains strong throughout the ongoing COVID-19 crisis.

Cannabis Dispensary in Amherst Offers Discount for HIV Customers

wwlp - A Hampshire County marijuana dispensary is giving back to some of its medical marijuana customers. RISE Amherst has two initiatives going. One supporting our frontline workers and another supporting those who are HIV positive.

The Frank’s Friends Initiative, which assists Massachusetts medical marijuana patients who are HIV/AIDS positive, is offering 50 percent off medical marijuana products at RISE Amherst. Patients must show documentation of both their low-income status and HIV/AIDS diagnosis to qualify.

The pot shop said this is one way they want to help support those who are facing financial hardship.

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