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  • Opinion: Investors can chill about marijuana stock highs

    Sep 21, 2018, 1:00 pm By Stephen Gandel, Bloomberg Opinion
    Marijuana stocks, most recently Tilray Inc., are reaching dizzy heights. So, too, is the S&P 500, which touched an all-time record on Thursday. But in this haze, investors can afford to chill. The wider market isn’t getting such a contact high. When shares…
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  • Meet Tilray, the $15 billion cannabis-stock king without much revenue

    Sep 21, 2018, 12:15 pm By Jen Skerritt, Bloomberg News
    Two months ago, Tilray Inc. was a little-known Canadian marijuana producer working to build its international footprint from the sleepy British Columbia town of Nanaimo. Today, Tilray has become the king of pot. The stock has soared more than 10-fold since its…
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  • Federal data: Cannabis use now as common among baby boomers as with teens

    Sep 21, 2018, 11:30 am By Christopher Ingraham, The Washington Post
    Talk to your grandparents about marijuana – before somebody else does. The latest release of a massive federal drug use survey shows monthly marijuana use has skyrocketed among older Americans. The past decade, in fact, has seen a sea change in the…
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  • Cannabis stocks soaring on Wall Street

    Sep 21, 2018, 10:45 am By Marley Jay, Associated Press
    NEW YORK (AP) — Reefer Madness has gripped Wall Street. Investors are craving marijuana stocks as Canada prepares to legalize pot next month, leading to giant gains for Canada-based companies listed on U.S. exchanges. Billions of dollars have poured into the…
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  • Into the pot you go: Maine restaurant sedates lobsters with marijuana smoke

    Sep 21, 2018, 10:00 am By Maura Judkis, Washington Post
    Lobsters in one Maine restaurant go out in a blaze of glory once they hit the pot. The owner of a lobster joint is sedating her crustaceans with marijuana smoke before cooking them – granting them, she says, a blissfully humane death. Charlotte Gill, owner…
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  • Opinion: This isn’t junk land, no matter what cannabis growers say

    Sep 20, 2018, 1:00 pm By Lil Clary, Special to CalMatters
    I am on the front lines of the cannabis revolution in California and appear to be on the losing side. I support decriminalization of cannabis and voted for Proposition 64, which made commercial marijuana legal. But the law of unintended consequences has struck…
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  • ‘Pot rally’ mints three cannabis billionaires

    Sep 20, 2018, 10:45 am By Tom Metcalf, Reade Pickert & Craig Giammona, Bloomberg News
    The first private-equity firm to focus exclusively on the cannabis industry has spawned three billionaires. Brendan Kennedy, Michael Blue and Christian Groh founded Seattle-based Privateer Holdings Inc. in May 2010. The firm later invested in Canadian pot firm…
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  • Leading cannabis stock nearly doubles price, then falls again in wild day

    4:41pm By Courtney Dentch and Jeran Wittenstein, Bloomberg News
    Tilray investors could probably use a bit of the company’s products right now. The maker of cannabis extracts finished a whipsaw session 40 percent higher. That’s a great day for any stock. But Tilray was up as much as 94 percent, peaking at $300.00 at…
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  • Lacking quality weed extract, US researchers turn to Canada

    12:15pm By The Cannifornian
    SAN DIEGO (AP) — In a rare move, the U.S. government has approved the importation of marijuana extracts from Canada for a clinical trial, highlighting a new avenue for American researchers who have long had trouble obtaining the drug for medical studies. The…
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  • Hashish quickly gaining favor among cannabis users

    11:30am By Jack Kaskey, Bloomberg News
    Hashish, a marijuana product that’s gotten people stoned for centuries, has spawned a new generation of cannabis concentrates that are in such high demand they’re poised to become the most popular way for Americans to consume legal pot. Dried marijuana…
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  • Cannabis advocate steps down, headed to farming co-op

    10:45am By Shomik Mukherjee, The Cannifornian
    Hezekiah Allen, a Southern Humboldt native who used his rural roots to fuel a career of cannabis advocacy in Sacramento, will step down from his position as executive director of the California Growers Association to play a more hands-on role in pushing small…
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  • Marijuana merchants, growers squirm as state gets into seed-to-sale tracking system

    10:00am By Brooke Edwards Staggs, The Cannifornian
    California will soon have one of the world’s most tightly-regulated marijuana markets, as the state in the next few weeks launches a long-awaited digital tracking system intended to follow every plant grown and sold through the licensed cannabis industry.…
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  • Coca-Cola shows interest in cannabis-drink market

    Tue 5:30pm By Jen Skerritt & Craig Giammona, Bloomberg News
    Aurora Cannabis Inc. led pot stocks higher Monday after Coca-Cola Co. said it’s eyeing the cannabis drinks market, becoming the latest beverage company to tap into surging demand for marijuana products as traditional sales slow. Coca-Cola says it’s…
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  • Tehama supervisors continue discussion of outdoor marijuana cultivation

    Tue 4:45pm By Julie Zeeb, The Cannifornian
    RED BLUFF — The Tehama County Board of Supervisors voted Tuesday for the marijuana ad-hoc committee to continue discussions regarding outdoor cultivation waivers. A common theme was the need for discussion of an ordinance that defines lawful abatement in…
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  • Survey: Two million US teens are vaping marijuana

    Tue 4:00pm By Carla K. Johnson, Associated Press
    A school-based survey shows nearly 1 in 11 U.S. students have used marijuana in electronic cigarettes, heightening health concerns about the new popularity of vaping among teens. E-cigarettes typically contain nicotine, but many of the battery-powered devices…
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  • Marijuana industry pushes to eliminate the word ‘stoner,’ drawing applause, anger, confusion

    Tue 3:15pm By Gary Robbins, San Diego Union-Tribune
    There’s a badge on her uniform, possibly a gun on her hip, and her arms are spread a little, suggesting she’s ready for anything. You might think that you’re looking at a police officer walking a beat. But what you’ve seen on billboards and, more…
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  • Police chiefs warn of increased crime if California allows marijuana deliveries statewide

    Tue 1:45pm By Patrick McGreevy, Los Angeles Times
    The prospect of vans loaded with pot delivering to homes in quiet Morgan Hill makes Police Chief David Swing uneasy. Like most cities in the state, the upscale San Jose suburb has banned pot shops. But now, as California considers a proposal to allow marijuana…
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  • Study: Half as many people are trying heroin, but marijuana use grows

    Tue 1:00pm By Jenny Gold, Kaiser Health News
    Some good news from the front lines of the heroin crisis: Half as many people tried heroin for the first time in 2017 as in 2016. That’s according to data released last week from the government’s annual National Survey on Drug Use and Health. “This is…
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  • Stockton to weigh recreational marijuana ordinance

    Tue 12:15pm By Wes Bowers, Stockton Record
    STOCKTON — Recreational cannabis soon could be available for purchase in Stockton. The Stockton City Council on Tuesday will consider an ordinance amending its municipal code that would allow the sale of “adult-use” cannabis in existing medical marijuana…
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  • Canada’s legal cannabis creates risk for investors at U.S. border

    Tue 11:30am By Greg Quinn, Bloomberg News
    Canadians about to enjoy legal marijuana, or even investors in the sector, could be in for a new headache at the U.S. border. Border guards have broad powers to question Canadians on their current and past drug use and could declare users inadmissible, perhaps…
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