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‘Pharma Bro’ Martin Shkreli Found Guilty on 3 Fraud Charges

Category: News | Posted on Mon, August, 7th 2017 by THCFinder

NEW YORK (AP) — Martin Shkreli, the eccentric former pharmaceutical CEO notorious for a price-gouging scandal and for his snide “Pharma Bro” persona on social media, was convicted Friday on federal charges he deceived investors in a pair of failed hedge funds.

A Brooklyn jury deliberated five days before finding Shkreli guilty on three of eight counts. He had been charged with securities fraud, conspiracy to commit securities fraud and conspiracy to commit wire fraud.

Shkreli, upbeat and defiant outside court afterward, said he was “delighted to report” that he had been acquitted of what he called “the most important charges” in the case.

Asked about his client’s social-media antics, attorney Ben Brafman conceded it was something they would be working on.

Read More:http://hightimes.com/news/pharma-bro-martin-shkreli-found-guilty-on-3-fraud-charges/


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What strain are you smoking on today?

Category: Fun | Posted on Sun, August, 6th 2017 by THCFinder


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Breakfast Club - Smoking Scene

Category: Videos | Posted on Sun, August, 6th 2017 by THCFinder


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Cannabis Company Plans to Turn Desert Town into Pot Paradise

Category: News | Posted on Sun, August, 6th 2017 by THCFinder

NIPTON, Calif. (AP) — Now that one of the nation’s largest cannabis companies has bought the entire California desert town of Nipton, a question remains: Will the new owners rename the place Potsylvania?

The name Weed already belongs to an old mill town in Northern California.

American Green Inc. announced Thursday it is buying all 80 acres of Nipton, which includes its Old West-style hotel, a handful of houses, an RV park and a coffee shop. Its plans are to transform the old Gold Rush town into what it calls “an energy-independent, cannabis-friendly hospitality destination.”

The town’s current owner, Roxanne Lang, said the sale is still in escrow, but confirmed American Green is the buyer. She declined to reveal price before the sale closes, but noted she and her late husband, Gerald Freeman, listed the property at $5 million when they put it up for sale last year.

Read More:http://hightimes.com/news/cannabis-company-plans-to-turn-desert-town-into-pot-paradise/


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Weed Felons are Welcome in Oakland’s Legal Marijuana Industry

Category: Tokers | Posted on Sun, August, 6th 2017 by THCFinder

In California, the Oakland city council unanimously approved the Equity Permit Program, which ensures a more diverse cannabis industry from the get go, including former weed felons. Approved last month, the new program will reportedly issue 50 percent of all licenses for medical marijuana facilities to people who would otherwise be unable to obtain a shot at owning a slice of the cannabis market due to previous felonies or lack of start up funding.

The system Oakland is implementing sets the licenses aside for weed felons, or people who are low income and either have a marijuana conviction or have lived in certain Oakland neighborhoods for at least 10 of the past 20 years. USA Today reports that the city will also give priority to other applicants if they partner with equity applicants by giving them free space to operate a competing business.

Read More:https://www.theweedblog.com/weed-felons-welcome-oaklands-legal-marijuana-industry/


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