Snoop Dogg raising $25m for cannabis start-ups

Cannabis
cannabis
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Cannabis, also known as marijuana[1] or marihuana, or ganja (from Hindi/Sanskrit: गांजा gānjā, hemp),[2] is a psychoactive product of the plant Cannabis sativa, or more often, Cannabis sativa subsp. indica. The herbal form of the drug consists of dried mature flowers and subtending leaves of pistillate (female) plants. The resinous form, known as hashish,[3] consists primarily of glandular trichomes collected from the same plant material. The major biologically active chemical compound in cannabis is Δ9-tetrahydrocannabinol (delta-9-tetrahydrocannabinol), commonly referred to as THC.
Humans have been consuming cannabis since prehistory,[4] although in the 20th century there was a rise in its use for recreational, religious or spiritual, and medicinal purposes. It is estimated that about four percent[5] of the world’s adult population use cannabis annually and 0.6 percent daily. Cannabis is the world’s most often used illegal drug.[6] The possession, use, or sale of psychoactive cannabis products became illegal in most parts of the world in the early 20th century. Since then, some countries have intensified the enforcement of cannabis prohibition while others have reduced the priority of enforcement.

Snoop Dogg raising m for cannabis start-ups
The marijuana connoisseur hopes to exploit the fast growing legal cannabis industry in the US, where many states have either legalised marijuana or decriminalised its possession. Last year, Factobook publisher Cannabusiness Media estimated that …
Read more on The Drum

Casinos to cannabis: Native Americans move into pot business
The endeavor, launched after a U.S. Department of Justice memo largely cleared the way for such enterprises, is expected to trigger similar ventures to bring cannabis cash to Native Americans, like the windfalls from tribal casinos and tax-free …
Read more on Reuters