Last year merger news began to feel like an industry constant. And this was not merely a pool of minnows getting it on. Marlboro parent company, Altria, bought 45 percent of Canada's Cronos Group in December for $1.8 billion. Equity financing and mergers attorney Tatiana Logan of the West Coast legal firm Harris Bricken says 2019 could be defined by such transactions.
The Fusion-produced pot-doc series Murder Mountain, just landing on Netflix, is a mystery that lives in both Northern Cali's Emerald Triangle and the lurch between legal weed and the wildest black market.
Told amid Humbold County's endless waves of Redwood trees, Murder Mountain concerns the disappearance of Southern California carpet-bagger Garret Rodriguez. The film toggles between Rodriguez's mysterious circumstances and those arising from the Emerald Triangle's rich hippie history, with the region's hard-drug influx lurking beneath all stories' surface.
Murder Mountain is visually aborbing and smart, with top-level reinactments. But is the series reflective of the eminently shady Emerald Triangle growing experience?
Welp. Now everyone knows. Once NBC is addressing marijuana ownership's Portland-esque whiteness, the jig is up.
Specific numbers on who owns what have been slow to come in -- hmm, wonder why?-- but in 2017 84 % f business owners were white. only 4.3 % black. Latinos and Asians made up 5.2 and 2.3 percent respectively.
Thank you to WeedWeek's Patreon Supporters!
Co-Founder/Photographer, Cannabis In Color Boutique Photo Service for the Industry, providing Custom and Stock Photos.
Get Your Free Photo Packs.
Find us at cannabisincolor.com and Instagram
CEO, Critical Mind Inc. Adelanto, CA
Affiliations: CA State Bar; Board Member, Adelanto Growers Association Critical Mind, Inc. is a Medical Cannabis Cultivation and Manufacturing Facility located in Adelanto, CA. Providing the highest quality Cannabis products. Compliance without Compromise! criticalmindinc.com
In Los Angeles, trying to be a good citizen weedhead and buy all of your REC legally is like trying to do budget-conscious shopping at the Staples Center concession stands. After a while, one starts to feel foolish, and the illicit market gains another customer.
None of this is the fault of balleyhooed Cannabis Regulation Director Cat Packer. She did not set local pot taxes. She's in no way responsible for L.A.'s high rental costs. Local control was not her concept. But Packer is the department head, and the bloom seems off the rose. The day of fawning profiles are in the rear view for Los Angeles' Cannabis Regulation director. As pot underperforms financially, street weed straps in for the long haul, and local bureaucracy is a fair target, the questions are growing tougher.
MJ BIZ JOURNAL
Please enter your date of birth to continue