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.
52. Buck Angel: From Porn Star to “Tranpa”
This week Alex and Donnell sit down with LGBTQ activist and cannabis entrepreneur Buck Angel to talk about the queer community's role in cannabis legalization, Buck's experience being the first trans man in LA to have hormone replacement therapy, and how he made his way from porn star to public figure. Plus, CBD is on the rise.
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.
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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.
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