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Marijuana Policy Project Announces the Addition of Four New Members to Board of Directors

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The new appointments to MPP’s now nine-member board of directors include Betty Aldworth, Kim Napoli, Tom Roth and Barrington Rutherford.

Washington, D.C. — PRESS RELEASE — The nation’s largest marijuana policy organization, the Marijuana PolicyProject (MPP), announced Monday the election of four new members to serve on its board of directors.

“We are thrilled to welcome four outstanding new members to our board of directors. Their experience and proven track record of success in the cannabis space will boost MPP’s efforts and serve as an asset as we embark on another year of advocating for the end of cannabis prohibition. My heart is full knowing MPP has mission-based people backing our work, and we won’t stop fighting until both the people and the plant are free,” said Toi Hutchinson, president and CEO of the Marijuana Policy Project.

“We thank our outgoing board members who were all tireless activists for cannabis reform. I am so thrilled to have Tom, Barrington, Kim, and Betty join the MPP Board of Directors. They bring a diverse depth of cannabis expertise from across the country. The four new members are excellent additions who will strengthen the board and bring new perspectives from both cannabis business and legalization campaigns. With Congress failing to act, we know that the strategy for victory will be brought back to our roots—changing state laws! MPP has been changing state laws for twenty-seven years, and our newly revamped board is positioned to lead MPP until every state has ended the failed war on cannabis,” said Sal Pace, chair of the Marijuana Policy Project Board of Directors.

The new appointments to MPP’s now nine-memberboard of directors include:

Betty Aldworth: Prior to becoming Director of Communications and Marketing at MAPS in 2020, Betty Aldworth was the Executive Director of Students for Sensible Drug Policy where she led and supported tens of thousands of students and young people united to build a more sensible future through reforming drug policies to be rooted in safety, justice, and education.

Kim Napoli: In 2006, Kim opened The Hempest Harvard Square, a small business located in Cambridge, Mass. In doing so, Napoli became the first female of color to own a cannabis-related business in the state of Massachusetts.

Tom Roth: Drawing on more than 17 years of corporate government affairs experience in highly regulated industries, Tom Roth helps lead state and industry relations for Scott Miracle-Gro’s Hawthorne Gardening Company as their Manager of External affairs.

Barrington Rutherford: As Chairman of the Board of Directors at Park Jordan, Barrington Rutherford brings a deep knowledge of the cannabis industry through his years of experience leading the real estate department of Cresco Labs—one of the largest and most respected multi-state cannabis organizations in the U.S.

MPP has spearheaded most of the major state-level reforms that have occurred over the past two decades and has been a leading advocate for federal marijuana policy reform on Capitol Hill since the organization was founded in 1995.



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Cannabis101.de Exclusive Report: Francesca Greco: The Cannabis Crypto Queen of The Juicy Fields Scam?

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Scary stuff just keeps on coming from the Juicy Fields debacle

Here’s the intro from cannabis101

An employment contract leaked by an insider at Juicy Fields reveals that Ms. Greco, a lawyer, asset manager, and cryptocurrency entrepreneur, was hired (not even full-time) by the company for the astonishing sum of 200,000 euros per month in the fall of 2020. Her job? To keep the firm in “compliance.” But given the many problems on that score, what exactly did she do – or not?


There are over a hundred firms and individuals who knowingly worked with the now-defunct scam company Juicy Fields to perpetuate the fraud and its “operations.” This is according to the data collected so by Swedish lawyer and investor advocate Lars Olofsson. He is hot on the case and beginning to kick serious ass with global implications as he moves forward on his strategy to bring the perps who facilitated the Juicy Fields scam to justice.

According to Olofsson, there is a significant paper trail and other evidence that points to the involvement of many people who cannot erase such proof now that stretches from the time of the firm’s real founding in St. Petersburg, Russia, way before its public launch (on April Fool’s Day no less) 2020 to its implosion in July 2022.

Make Sure You Read the full report with copies of the contracts drawn up between Greco & Juicy Fields

Francesca Greco: The Cannabis Crypto Queen of The Juicy Fields Scam?

 

As an aside we love this webinar where Ms Greco features herself in on her linked in….. you literally couldn’t make it up..

 



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Vangst Publish Their 5th Annual Salary Guide For The Cannabis Sector

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The Vangst Salary Guide, is an annual report that sources information directly from those who represent the industry to deliver salary insights, a deep dive into benefits and diversity, and an overall look at the professional landscape in cannabis. Join the Vangst Network to download your free copy of the 2022 Vangst Salary Guide.

The 2022 Vangst Salary Guide is our fifth and most comprehensive version of the report, and we’ve expanded the guide to include:

  • Salaries for 60 roles, spanning 10 verticals that represent the industry
  • Diversity and benefits insights
  • Trending industry topics
  • Predictions for 2023



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Market Watch Details Corporate Shrinkage In Cannabis

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If you need a quick round up article .. this is it.

We preume there’ll be another slew of announcements towards the end of the week

As our headline image suggests, the cannabis sector wasn’t the Holy Grail some were hoping for .. next stop cryptocurrency, the shrubbery business wasn’t for them!

 

Marketwatch write

Is the cannabis gold rush over? Moves by Curaleaf, Ayr, Akerna and other companies point to tough times.

Ayr scraps $55 million Chicago deal, Curaleaf cuts staff, Organigram receives delisting notice and Akerna moves out of the pot business altogether

Microcap software company Akerna Corp. had hopes for its role in the cannabis business, but things have gotten so bad that it’s moving into another troubled industry — cryptocurrencies, in one of many examples that point to tough times in the pot sector.

Separate announcements from Akerna KERN, -11.48% and several other cannabis names in recent days cited problems such as oversupply and competition in Canada as well as in parts of the U.S. market.

The cooler prospects for cannabis companies, along with the overall bear market that took hold in 2022, have caused merger-and-acquisition activity in the cannabis sector to drop by 73.6%, to $10.2 billion for the 12 months ending Jan. 27, according to estimates published Monday by Viridian Capital.

Analysts at Viridian said deals have dried up partly because of retrenchment and concentration on cash flow rather than growth. But demand for M&A may increase as record tightness in the cannabis capital markets, ongoing price compression and inflationary margin pressure push small and midsize companies into a liquidity crunch and drive increased distressed M&A opportunities, analysts said.

“The rugged operating and financing environment will be healthy for the industry, clearing away those unable to [respond] to the challenges and strengthening those that took the opportunity to improve their cash-generational capability,” Viridian analysts said in a research note. “It will present a once-in-a-lifetime opportunity for investors/companies/acquirers who can discern deep value and assemble distressed assets at deeply discounted prices.”

Read more at

https://www.marketwatch.com/story/is-the-cannabis-gold-rush-over-moves-by-curaleaf-ayr-akerna-and-other-companies-point-to-tough-times-11675095603



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