How CBD Helped Paul Pierce Cope With PTSD and Depression

On September 25, 2000, Paul Pierce was stabbed 11 times in the face, neck, and back at a Boston nightclub. The NBA star was rushed to a nearby hospital where he underwent emergency lung surgery. Two men were later sentenced for the attack. Miraculously, Pierce returned to the court...

Canopy Growth Announces David Klein as New Chief Executive Officer

Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NYSE: CGC) announced that effective January 14, 2020, David Klein has been appointed as the Company’s Chief Executive Officer. Canopy Growth Announces David Klein as New...

Hemp-Derived CBD Helps Chronic Pain Patients Reduce Opioid Use, Study Finds

Chronic pain patients consuming hemp-derived cannabidiol, or CBD, on a daily basis for eight weeks reported a decrease in the opioid medications they needed, a new study reports. “This is a prospective, single-arm cohort study for the potential role of cannabinoids as an alternative...

Dozens of California Politicians are Working for the Marijuana Industry

As California’s attorney general from 1999 to 2007, Bill Lockyer was on the inside as the state wrestled with a developing marijuana industry. But these days he’s watching the transformation from the outside, as co-founder of a licensed pot distributor in Lynwood. Lockyer, whose...

Pennsylvania Gov. Tom Wolf Now Supports Legalizing Marijuana For Recreational Use

PHILADELPHIA (CBS) — Pennsylvania Gov. Tom Wolf says he is in favor of legalizing recreational marijuana in the commonwealth. He’s now asking lawmakers to consider legislation. Wolf says he supports legalizing recreational marijuana, but he’s hoping lawmakers on both sides of the aisle...

Credit Unions Greenlighted to Bank with Hemp Businesses

On August 19, 2019, the National Credit Union Association (NCUA), a federal agency that regulates, charters, and supervises federal credit unions, released updated guidance on federally-backed credit unions working with hemp-based businesses. The guidelines clarify that credit unions...

Chicago-Based Grassroots Cannabis to be Sold for $875 Million

Grassroots Cannabis is set to be acquired for $875 million, becoming the latest Chicago-based marijuana company to draw a blockbuster price tag from an out-of-state operator. Curaleaf Holdings, based in Massachusetts, announced Wednesday morning its plan to acquire Grassroots. The...

Golf’s Not-So-Secret Fascination With CBD Oil

When Scott McCarron returned to his locker after a round in the 2018 Boca Raton Invitational, a bottle of CBD oil pills had been placed in the cubby by Functional Remedies EndoSport. It’s not unusual for professional golfers to have various products given to them to sample, but...