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Chris Webber launches $100 million cannabis fund with JW Asset Management

Chris Webber launches $100 million cannabis fund with JW Asset Management

by InfluencER | Feb 17, 2021 | Investors

Former NBA star Chris Webber on Tuesday launched a $100 million private equity cannabis fund with New York-based JW Asset Management, aimed at investing in companies run by people from underrepresented communities. Legal cannabis producers in the United States have...
New York Governor To Send Amended Marijuana Legalization Plan To Lawmakers Amid Criticism

New York Governor To Send Amended Marijuana Legalization Plan To Lawmakers Amid Criticism

by InfluencER | Feb 16, 2021 | Politics and Law

The governor of New York said on Monday he will be sending an amended version of his marijuana legalization proposal to the legislature this week, with hopes of striking a deal to pass the reform through the budget ahead of an April 1 deadline. Gov. Andrew Cuomo (D)...
Lawmakers And Advocates Urge Biden To Grant Marijuana Clemency In Presidents Day Push

Lawmakers And Advocates Urge Biden To Grant Marijuana Clemency In Presidents Day Push

by InfluencER | Feb 16, 2021 | Politics and Law

Two lawmakers and a coalition of marijuana advocates on Monday called on President Joe Biden to grant mass clemency to people with federal cannabis convictions. It’s an ask inspired by actions taken by Presidents Gerald Ford and Jimmy Carter in the 1970s to...
DEA Wants To Know About Applicants’ Hemp And CBD Use, But Only Pre-Legalization

DEA Wants To Know About Applicants’ Hemp And CBD Use, But Only Pre-Legalization

by InfluencER | Feb 16, 2021 | Politics and Law

The Drug Enforcement Administration (DEA) wants to know whether its prospective employees or contractors have used hemp or CBD—but only if they used it before December 20, 2018. Why? Because that’s when the 2018 Farm Bill was signed into law, federally legalizing the...
New Mexico adult-use marijuana bill advanced by state House panel

New Mexico adult-use marijuana bill advanced by state House panel

by InfluencER | Feb 16, 2021 | Politics and Law

A New Mexico legislative committee Monday advanced social equity and microbusiness-focused adult-use marijuana legalization bill while tabling a more industry-oriented measure. The early step indicates what direction the Legislature appears to be headed and reflects a...
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