California

Fri
08
Apr

How Meadow Is Building a Company (and Community) Around Cannabis

Meadow, which has been described in the press as the “Uber for cannabis,” connects consumers with doctors that provide medical marijuana prescriptions over video chat, and then connects them to a local dispensary that provides home delivery.

On the heels of the news that Meadow has raised $2.1 million in new funding to build out specialized enterprise software, The Macro’s Steven Chan talked to Meadow’s co-founders Harrison Lee, Scott Garman, David Hua, and Rick Harrison about building a company in a highly regulated (and often stigmatized) space, creating community, navigating political hurdles, and more.

Fri
08
Apr

New California marijuana czar on pot use: 'It appears there is a medical need'

Lori Ajax has two years to set up California’s first system to license, regulate and tax medical marijuana. Gov. Jerry Brown recently appointed the Republican to become the first chief of the Bureau of Medical Marijuana Regulation.

Ajax, 51, was previously chief deputy director at the California Department of Alcoholic Beverage Control, where she worked in various positions since 1995. In her new role, she faces a moving target: California voters are likely to vote on an initiative in November that would legalize recreational use of marijuana.

Fri
08
Apr

The Shake: California Could Test Drivers for Cannabis, and Has Vermont Legalization Hit a Wall?

Is Vermont’s push to legalize losing steam? Earlier this year, the state was poised to become the first in the U.S. to legalize cannabis for adult use by an act of the Legislature, rather than a ballot initiative. But after the Senate approved the legalization bill and it landed in the House, the chair of a key panel announced she’s starting over from scratch. House Judiciary Committee Chairwoman Maxine Grad (D-Moretown) indicated that instead of supporting a legal, regulated market, she thinks the state should simply decriminalize home cultivation.

Thu
07
Apr

Facebookers, Reddit CEO make $2.1 million marijuana investment

A hot San Francisco marijuana startup, Meadow, has announced millions in funding from an eclectic local group of investors with connections to Facebook, Reddit and the 49ers.

SOMA tech company Meadow announced this morning it has received $2.1 million in seed funding today from a collection of investors including former Facebookers now at Slow Ventures, Reddit’s CEO and founder Steve Huffman, Joe Montana’s investment fund Liquid 2 Ventures, and Justin Kan, creator of Justin.TV and Twitch.

Thu
07
Apr

Here's Everything You Need to Know About the Adult Use of Marijuana Act

Current support for California’s marijuana legalization has taken flight and polls have shown that it is up 60 percent with California’s likely voters in the November presidential contest to support legal pot. The Adult Use of Marijauna Act (AUMA) initiative, has grown in support and off to a huge push for the Nov. 8 ballot by the likes of Lt. Gov. Gavin Newsom and former Facebook President, Sean Parker.

Wed
06
Apr

Marijuana Deliverer Meadow Rolls up $2.1M for Dispensary Sales Software

Meadow already lets you get a prescription for medical marijuana over video chat and order from a nearby shop that delivers. Now it wants to be the backbone of the weed business, too. Pot dispensaries can’t use standard point-of-sale or inventory software because they aren’t compliant with the industry’s strict regulations.

So over the last year, since graduating Y Combinator, Meadow has been raising a $2.1 million seed round on a rolling basis to build out specialized cannabis sales software. Today it announced the round is sealed, with participation from ex SV Angel David Lee, YC’s Justin Kan, Reddit’s Steve Huffman, Kissmetrics’ Hiten Shah, Slow Ventures, SOMA Capital and Poseidon Asset Management.

Wed
06
Apr

12 Amazing Health Benefits of Marijuana

In the past, whenever marijuana was mentioned, the first thing that popped into most people’s mind is the adverse health effects associated with smoking pot. However, this perception is quickly changing owing to the numerous scientific studies which show that marijuana has some medicinal properties. The findings of these studies have also significantly contributed to the legalization of medical marijuana in several countries around the world.

Wed
06
Apr

Whoopi Goldberg Is Launching a Line of Marijuana Products to Treat Period Pain. There's No Science Behind Them.

Oscar-, Grammy-, and Emmy-winning actress and self-proclaimed weed lover Whoopi Goldberg is throwing her name behind a new line of medical marijuana-based edibles and bath products aimed at women.

Hailed by MSNBC as a "culmination of a movement toward changing the narrative on legal weed," the Whoopi & Maya products — a bath soak, sipping chocolate, tincture, and rub — are supposed to soothe menstrual cramps and discomfort.

Wed
06
Apr

New Pot Rules Will Double Prices, Crash California System

California’s new medical marijuana regulations could double the cost of pot and crash the legal system, says the founder of the state’s largest dispensary, Harborside Health Center, Stephen DeAngelo. The rules needlessly complicate the state’s supply chain to enrich union distributors at the expense of cancer-stricken patients, DeAngelo argues below.

Last session, California’s legislature finally did what the voters instructed them to do when they passed Proposition 215 almost twenty years ago: regulate the cultivation and distribution of medical cannabis.

Tue
05
Apr

Wall Street Invests in the Future of Cannabis

Cannabis is still illegal on a federal level, so the USDA doesn’t regulate it and there are no laws defining the limitations of the word “organic”.

Since I started writing about cannabis four years ago, I’ve seen a lot of grow operations. And I’ve gotten a variety of answers when I ask the question, “Is this organic?”, but there’s one that I never get: “No.”

Some growers have told me, “Pretty much. Unless we have an issue that you can’t solve using organic pesticides.” Some say, “As much as we possibly can.”

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