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MGO Publish Their Fourth Cannabis 50

Published

2 years ago

February 8, 2023

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Unsurprisingly we don’t make the grade!!!!!

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Cannabis 50

Forbes covers some of the highlights

This year’s list is particularly noteworthy, as it highlights an increased presence of female and diverse founders, CEOs and top executives. “You will also see [that] in this year’s “Cannabis 50” there are many more entertainers and musicians. In previous years, we saw many more pro athletes, but it seems mainstream cultural icons are really entering the industry,” explained Lorna Donohoe, director of partnerships and influence at MGO.

Scott Hammon, head of MGO’s cannabis practice, added, “Although the cannabis industry faced challenges due to limited access to capital as well as a supply and demand imbalance in certain markets in 2022, the sector continued to make progress. With Federal legislation allowing for expanded research, Federal pardons increasing the odds of widespread and more impactful state expungement action, and an overwhelming majority of Americans believing cannabis should be legal, we are seeing greater cultural acceptance and expansion of the industry.”

And he added, “While it’s a work in progress, there is no doubt that despite the near-term presenting many of the challenges the industry has confronted since its inception, the long-term outlook remains bright as it continues to integrate itself into the fabric of American business and society.”

MGO’s Cannabis 50 Honorees

Doing Well

Entrepreneurs and organizations are expanding their financial, operational and environmental horizons.

“We pride ourselves on our minority-led executive team and have worked to create an inclusive and diverse workforce with our team in California and India. For our customers, we have and will continue to support small retail dispensaries and social equity retailers on their path to profitability through the use of data and our 24-hour support team,” said John Yang, CEO of Treez, one of the honorees.

• Agrify Corp

• Charlotte’s Web Holdings, Inc.

• Garden Society

• Jane Technologies, Inc.

• Jeeter A DreamFields Brand

• Jones Soda Co.

• TerrAscend Corp.

• Tilray Brands, Inc.

• Treez

• Würk

Doing Good

Nonprofits, activists, and others undoing social harms, advocating through reform, supporting sustainability, and providing equitable opportunity.

“In the U.S., those most affected by the lack of representation are the ones driving diversity and social justice in the cannabis industry. Though cannabis is not for the faint of heart, BIPOC entrepreneurs are still entering the industry — especially in newly legal states — and social equity is at the core of their business model; they advocate for policies not only to help their business grow, but to address the impact of the war on drugs in marginalized communities,” said Mary Pryor, co-founder of Cannaclusive.

• Cannaclusive

• Christine De La Rosa

• Congressional Cannabis Caucus

• Exonerations and Pardons

• Freedom Grams

• Housing Works

• Viola Cares

• Wana Brands Foundation

• Weed Like Change

• Weldon Angelos

Money Talks

Investors, banks, and others opening the avenues of capital fueling an emerging industry.

“When viewing the cannabis industry, people have a tendency to get too wrapped up in stock prices, and myopically equate stock performance to the health of the sector. In reality, however, in such a nascent sector, stock valuation is a poor barometer of overall industry health. There are tremendous tailwinds and opportunities in this industry, with revenue reaching $27B in 2022 and sales in 2023 projected to exceed $30B,” Rob Sechrist, president of Pelorus Equity Group.

• AFC Gamma

• Alternative Financing

• Btomorrow Ventures Limited

• Canopy Growth Corporation

• Cresco Labs, Inc.

• Foley Hoag LLP

• Green Check Verified

• Greenspoon Marder LLP

• Pelorus Equity Group

• Valley National Bank

Knowledge is Power

Researchers, educators, and others are raising awareness and sharing the benefits of cannabis.

“Eliminating product recalls throughout the industry should be a major push for manufacturers and growers. Recalls damage consumer confidence in products quickly, especially in unregulated markets like cannabis. If companies take the proper safety precautions and avoid committing food fraud by ensuring that their product test results match their product labels, this would be a good start,” said Tyler Williams, founder and CTO of Cannabis Safety and Quality.

• Cannabis Safety and Quality

• Gowling WLG

• Headcount’s Cannabis Voter Project

• PAX Labs, Inc.

• Purissima, Inc.

• Research Breakthroughs

• Rutgers University Law School

• Vangst

• Whitney Economics

All the Lights

Athletes, entertainers, and influencers mainstreaming cannabis culture and giving back to the community.

“The cannabis industry is a community that is unique to any other type of industry where competitors can become partners and friends. Everyone is focused on one central mission, promoting the benefits of plant-based medicine,” said Mike Tyson, co-founder and chief brand officer of Tyson 2.0.

• Big Freedia

• Cann Social Tonics

• Clio Awards

• Corporations Show Love

• Kx Family Care

• Lil’ Kim

• Montel Williams

• Sean “Diddy” Combs

• TYSON 2.0

• Wiz Khalifa

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Fiji police concerned about the increasing number of marijuana plants uprooted from maritime islands

Published

5 days ago

January 26, 2025

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Concerns have been raised about the increasing number of marijuana plants being uprooted from maritime islands, highlighting the prevalence of illegal cultivation in these areas.

A total of 46,000 plants were uprooted in Vanua Levu, while 146 plants were discovered and destroyed in Vanuabalavu and Gau Island earlier this month.

Assistant Commissioner of Police Operations Livai Driu told fijivillage News that the war against drugs requires a holistic approach, involving not only enforcement but also education and rehabilitation to address the root causes of drug cultivation and use.

He says this demonstrates the strong partnership between communities and the Police.

Driu stresses the importance of community cooperation in combating drug-related activities and praised the ongoing efforts of residents to report suspicious activities.

He adds the Police will continue to work closely with maritime communities to create a safer and drug-free environment.

https://www.fijivillage.com/news/Police-concerned-about-the-increasing-number-of-marijuana-plants-uprooted-from-maritime-islands-x854fr/

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South Africa: Stop arresting cannabis users, Human Rights Commission urges police after complaints about arrests from Rastafarian community.

Published

1 month ago

December 25, 2024

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The SA Human Rights Commission (SAHRC) has written to national police commissioner Gen Fannie Masemola to express concern over the ongoing arrests of cannabis users and Rastafarians despite a law permitting the private cultivation and use of cannabis by adults.

The private use, possession and cultivation of cannabis by adults was decriminalised in 2018, with President Cyril Ramaphosa signing the Cannabis for Private Purposes Act on May 28 this year.

However, the SAHRC has received complaints about arrests from cannabis users and the Rastafarian community.

“As the festive season approaches, the SAHRC reminds law enforcement, in particular the SA Police Service and the National Prosecuting Authority, that the arrest and/or prosecution of adults for the private use, possession or cultivation of cannabis, as well as making assumptions about dealing, is inconsistent with the law and national operational directives. Such arrests and/or prosecutions could lead to human rights violations being perpetrated by law enforcement,” the SAHRC said.

Since August last year, a directive issued by Masemola titled “Arrests by the SA Police Service for Cannabis — Related Matters” recognised legislation did not prescribe the quantity of the cannabis in possession of or cultivated by an adult to presume it was the unlawful dealing of cannabis.

“Therefore, as things stand, the directive directs that adults may not be arrested on the presumption of dealing in cannabis,” the SAHRC said.

The SAHRC urged the department of justice and constitutional development to consult with the Rastafari and other cannabis-using communities to draft regulations for the Cannabis for Private Purposes Act. This includes advice on a specific commencement date for the act, which has yet to come into effect.

https://www.timeslive.co.za/news/south-africa/2024-12-24-stop-arresting-cannabis-users-sa-human-rights-commission-urges-police/

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Press Release: Health Canada releases new data on cannabis use in Canada – “18% of people who had used cannabis in the past 12 months reported driving after cannabis use, a significant decline from 27% in 2018.”

Published

2 months ago

December 15, 2024

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The 2024 Canadian Cannabis Survey provides important insights into Canadians’ knowledge, attitudes and behaviours on cannabis use

December 6, 2024 | Ottawa, Ontario | Health Canada

An important part of the Government of Canada’s public health approach to legalizing and strictly regulating cannabis is ongoing and comprehensive surveillance, data collection and evidence gathering. The results from the annual Canadian Cannabis Survey provide a snapshot of public health and public safety data on cannabis in Canada.

Today, Health Canda published the 2024 Canadian Cannabis Survey (CCS) results. The data was collected from April 4^th to July 2^nd, 2024.

Since 2017, Health Canada has conducted the annual Canadian Cannabis Survey to better understand attitudes and knowledge regarding cannabis, as well as patterns of cannabis use in Canada. Through the information gathered, Health Canada can better understand where support is needed the most and develop program initiatives that will help educate and raise awareness around the use of cannabis.

Findings from the 2024 survey include:

The proportion of people in Canada who report smoking cannabis continues to decline. That said, smoking remains the most common method of consuming cannabis (69%), followed by eating (57%) and vaporizing with a vape pen or e-cigarette (37%).
The number of respondents who reported getting cannabis from a legal source in 2024 was 72% – an increase from 37% in 2019 to 72% in 2024, with legal storefronts being the most common source since 2019. A smaller proportion reported accessing cannabis through illegal sources (3%) compared to 2019 (16%).
18% of people who had used cannabis in the past 12 months reported driving after cannabis use, a significant decline from 27% in 2018.
There was no change in rates of cannabis use among youth (age 16-19) over the past year. Past 12-month cannabis use among youth aged 16-19 was 41%, similar to several previous years (44%, 44%, and 43% in 2019, 2020 and 2023 respectively).
Overall, the proportion of respondents who said they used cannabis and reported daily, or almost daily use has been stable since 2018 (approx. 25%), including among youth (approx. 20%).
The percentage of people in Canada who said they use cannabis who are ‘at high risk’ of developing problems from cannabis use has remained stable since 2018 (approx. 3%).

Health Canada has made significant investments to educate youth and young adults about the health risks of cannabis, as they are at an increased risk of experiencing adverse effects from cannabis use since the brain continues to develop up until around the age of 25. These efforts include the Spring 2022 Reduce your risk: Choose legal cannabis public education campaign, the Prevention of Accidental Paediatric Cannabis Poisonings among Children campaign in Spring 2023, and the Pursue Your Passion: A Teen Cannabis Education Program, which was re-launched in March 2023 as a virtual program to educate youth and young adults about the health effects of cannabis. The department has also produced public education material that emphasizes the importance of storing cannabis securely away from children and pets.

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