Altitude Investment Management Closes Cannabis Fund I at $30M

NYC Based Cannabis Investment Firm Successful Fund I Raise, looks to Fund II NEW YORK: Altitude Investment Management announced that it will close Fund I on November 30, 2018 with $30 million raised. Fund I commenced March 1, 2018 and … Read the article

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Sproutly Adds Former Pernod Ricard Beverage Executive To Advisory Board

CANADA: Sproutly Canada has announced the appointment of Constantine Constandis to the Advisory Board.   Mr. Constandis is a global C-level executive with over 34 years of experience in the wine and spirits industry in Canada, USA, Europe and Asia. Mr. … Read the article

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Reconciled Farm Bill Includes Provisions Lifting Federal Hemp Ban

Washington, DC: House and Senate lawmakers have agreed to a reconciled version of H.R. 2: The Agriculture Improvement Act of 2018 (aka the 2018 Farm Bill), which includes provisions lifting the federal prohibition of industrial hemp.

“For the first … Read the article

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More Banks Welcome Marijuana Business Accounts, New Federal Report Shows

The number of banking institutions that are actively servicing accounts for marijuana businesses has grown by nearly 20 percent since the beginning of the year, according to newly released federal data.

As of the end of September, there were 375 … Read the article

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Hemp Legalization Is Officially In The Final Farm Bill

The 2018 Farm Bill will include a provision to legalize industrial hemp, Senate Majority Leader Mitch McConnell (R-KY) and the top Republican and Democrat on the House Agriculture Committee confirmed on Thursday.

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U.S. Air Force Warns About Grandma’s Marijuana-Infused ‘Miracle Sticky Buns’

The U.S. Air Force wants its members to be extra careful around “grandma’s miracle sticky buns” that might contain marijuana.

In a post on the Air Force Medical Service site on Wednesday, the military branch reminded members that cannabis is … Read the article

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Rep. Dana Rohrabacher Touts Marijuana Accomplishments In Farewell Speech

Outgoing Rep. Dana Rohrabacher (R-CA) reflected on his 30 years of service in Congress in a wide-ranging farewell speech on Wednesday, and he dedicated several minutes to talking about progress he helped achieve on marijuana reform.

“I cannot think of … Read the article

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Hemp legalization included in final Farm Bill (Newsletter: Nov. 30, 2018)

More banks working with marijuana businesses; Air Force warns about cannabis-infused foods; Rohrabacher touts marijuana work in farewell speech

Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know … Read the article

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Cura’s Global Expansion Team Now Lead by All-Star Female Executive Team

OREGON: Cura Partners, one of the largest cannabis companies in the world and maker of the Selectbrand, today announces further development of its international expansion team. As a part of the company’s growth plan, Amy McClintick moves from Chief Operating … Read the article

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Utah: Make Your Voice Heard; Make Your Vote Count

Lawmakers are planning to convene a special session beginning on Monday, December 3 to debate replacing Proposition 2: The Utah Medical Cannabis Act.Medical marijuana

Yet, the reason a majority of Utah voters decided in favor of Prop. 2 was precisely because … Read the article

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