Leafly laid off 15
, about 13% of its workforce. The company also named its new CEO and promoted the previous CEO, to COO of parent company Privateer Holdings.
California state treasurer and gubernatorial candidate John Chiang (D) released recommendations
for banking the industry.
Colorado cannabis sales held strong at $136M+
in September. Sales for the first nine months of 2017 topped $1.16 billion according to the Cannabist, up 19% year over year.
Michael Llamas, the 33-year old former CEO of Medical Marijuana Inc. died in San Diego when he crashed his lime green lamborghini into a palm tree
. Llamas resigned as CEO in 2012 after he was indicted in connection with a mortgage fraud scheme. Last year he pleaded guilty to conspiracy to commit wire fraud and was due for sentencing next month.
The new owners of newspaper L.A. Weekly include cannabis attorney David Welch
, but deny any deeper ties to the industry. Brian Calle, the libertarian former editor of the Orange County Register’s opinion page, will lead editorial.
Cannabis media is growing
, but in Mexico the government denied a license to cannabis magazine Cañamo
. The above Columbia Journalism Review article introduced me to the site LadyBud
Oregon delivery service Briteside parodies pharmaceutical ads
in a new video. “Ask your doctor if cannabis is right for you,” it concludes. “It probably is.”