Driven Deliveries, Inc., the first publicly-traded cannabis delivery service operating in the U.S., has announced its intention to acquire Humboldt Heritage, Inc., a Northern California-based cannabis distribution company with deep roots in the Emerald Triangle. The purchase will result in California’s largest farm-to-consumer, vertically-integrated operator and is projected to add an additional $20 million to Driven’s 2020 revenue forecast.
For California’s cannabis consumers, the deal will make it easier than ever to buy products grown and produced by multi-generational heritage farms in the state’s world-renowned growing region.
Acquisition Brings Consumers Closer to World-Renowned Humboldt County Cannabis
Many consider the cannabis grown in the Emerald Triangle, the Northern California region encompassing Humboldt, Mendocino, and Trinity Counties, to be the best weed in the world. And the region’s history of cannabis cultivation spans decades, a heritage attested to by the hundreds of famed Humboldt farms perfecting the art of growing cannabis.
Before concepts like sustainability and clean energy were commonplace, Humboldt growers were devoting themselves to natural growing principles on their quest to produce the highest-quality flower. And it’s exactly that heritage and quality that California cannabis consumers are eager to tap into as they explore what the market has to offer.
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After a failed attempt to legalize recreational cannabis in New York last year, Democratic Gov. Andrew Cuomo announced that he plans to try again in 2020 and is going to visit other states with legal pot to learn how it’s done.
“I’m going to visit Massachusetts, Illinois, and California or Colorado,” said Cuomo.
The governor wants to include provisions to legalize marijuana for use by adults in budget legislation again this year. In an effort to learn what has and what hasn’t worked in other jurisdictions, Cuomo said that he and members of his team would be paying a visit to three pot-legal states.
“Everybody has a plan, but can you actually get it done and does it turn out the way you planned it, right? That’s the big question,” the governor said. “And that’s where government usually gets into trouble. So I want to make sure we learn from them.”
Cuomo has said that he wants the legalization of recreational marijuana for adults to be a priority of this year’s budget negotiations, rather than passing a separate bill. To do that, the legislature will have to come to an agreement on the conditions of cannabis legalization and include them
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As the competition between Democratic presidential hopefuls heats up, Senator Elizabeth Warren has published her plan for the cannabis policy that she would enact should she make it to the White House.
Her plan — light on details compared to some of her opponents’ cannabis platforms — puts fixing the prejudice and bias of the Drug War at the center of legalization. “Legalizing marijuana gives us an opportunity to begin to repair the damage caused by our current criminal justice system,” begins the policy statement on the candidate’s campaign website, which is entitled “A Just and Equitable Cannabis Industry.”
Many of the presidential nominees have proclaimed their support for legalizing marijuana on a federal level, with the notable exceptions of the top two centrist candidates Joe Biden and Mike Bloomberg, who have softened decidedly anti stances during their campaigns to include some support for marijuana decriminalization.
A November survey conducted by Pew Research found that two-thirds of United States residents now support cannabis legalization. Among Democrats and Democrat-leaning independents, that number rises to 78 percent.
“The criminalization of marijuana wasn’t necessary or effective,” states Warren’s plan. In it, she says she would work with Congress to pass former nominee hopeful Kamala Harris’
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Might there be a heightened danger for older patients who use medical marijuana? That’s what one professor at the University of Iowa is aiming to find out.
Thorsten Rudroff, a professor in the department of neurology at the University of Iowa’s Carver College of Medicine, is currently looking for volunteers between the ages of 50 and 80 to participate in the study, which will examine whether cannabis use creates a greater risk in them falling.
The study will feature two pools of individuals: those who do use marijuana, and those who do not. For Rudroff, it’s an opportunity to examine pot use among a group of people who may not be the best equipped to dabble.
“It’s self-medicated,” said Rudroff, as quoted by local television station KCRG. “They don’t know how to use medical cannabis. There are no guidelines, no recommendations out there. We want to find out what is the best and safest product.”
Those who participate in the two-year study will receive $100.
Iowa and Medical Cannabis
Late last year, Iowa’s Medical Cannabidiol Board said it would consider adding a host of new qualifying conditions for the state’s medical CBD program: post-traumatic stress disorder (PTSD), opioid use disorder,
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Psilocybin has been in the news with increasing frequency as research into psychedelic therapy has proliferated, and a number of local jurisdictions, including the cities of Oakland, Denver, and Santa Cruz have decriminalized psilocybin to varying degrees. Much like cannabis, public perception of certain psychedelics like psilocybin is shifting rapidly, as people really the incredible potential for therapeutic benefits of entheogenic plants.
Last November, proponents (Decriminalize California) submitted the California Psilocybin Decriminalization Initiative 2020, which seeks to “decriminalize psychedelic mushrooms in California by submitting a citizens initiative to be placed on the ballot for the November 3, 2020 election, to the Office of the Attorney General.” In order to make it on the ballot, the initiative will need 623,212 valid signatures and in order to pass, it will need a 50% +1 vote. According to Decriminalize California, the current timeline for the initiative is as follows:
Submitted to the Office of the Attorney General on 1st November 2019. 30 Day Public Comment period ended on 4th December 2019. Received Title, Summary, and Fiscal Impact Reportfrom the Office of the Attorney General on 8th January 2020. Currently: Eligible for signature collection.
The drafters of the current iteration of the initiative cite the
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