Archive: hemp

News Fix: Cannabis Industry Reaches New Highs

By Allison Brickell on April 20, 2022

It’s April 20, which means cannabis enthusiasts around the country are celebrating what Ronald Reagan once called “probably the most dangerous drug in the United States.” Today, that remark seems pretty outdated. A full 37 states have legalized marijuana in some form (medically or recreationally). Eighteen states have legalized recreational marijuana. And an overwhelming majority of Americans support legalization. A 2021 Pew Research poll shows a staggering 91% of Americans…
In the news this week: New York hemp farmers get a break, Saudi Arabia backs Travis Kalanick again and David Marcus says bitcoin isn’t a currency.

News Fix: The Two-Minute Drill Version

By Vin Narayanan on October 26, 2019

In the news this week: Adam Neumann gets a hefty severance package, Indian startups have a record year and the Senate finally starts thinking about marijuana research.
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Don’t Invest Based on Sector

By Adam Sharp on October 24, 2019

Here’s why you should avoid deals in “hot” industries that don’t have any real traction.
In the news this week: New York seals 350 marijuana records, the SEC delays decisions on bitcoin ETF proposals and a former Congressman says “I told you so.”

News Fix: FDA Warns Curaleaf About Health Claims

By Vin Narayanan on July 27, 2019

In the news this week, the FDA sends Curaleaf a warning letter, Toyota invests in Didi and Steven Mnuchin is still salty about bitcoin.
This week, the News Fix dives into a group fighting for medical marijuana in Mississippi, Amazon actually failing at something and Binance cutting out U.S. users.
This week, hemp farmers receive intellectual property protection, Beyond Meat reaches new heights and Bitfinex gets in trouble.
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Canopy Growth Invests $500 Million in Hemp

By Adam Sharp on February 7, 2019

Our portfolio company Canopy Growth Corporation has announced a massive $500 million investment in U.S. hemp. Adam explains why this is very bullish for Canopy.
Now that the 2018 Farm Bill has legalized hemp, the industry has staggering growth potential.