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Curaleaf to Buy Grassroots Cannabis for $875m

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Curaleaf to Acquire Grassroots

Curaleaf Holdings Inc. is slated to acquire Chicago-based company, Grassroots Cannabis, for $875 million. Following the news of its acquisition, shares of Grassroots Cannabis increased by a whopping 14%, reports Bloomberg.

The shares from Massachusetts-based Curaleaf increased up to 19% after the announcement, reports Market Watch. The deal reportedly involves a cash payment of $75 million, $40 million worth of common stock, and 102.8 million of subordinate voting shares.

The deal is expected to close in early 2020.

Widened Horizons, Greater Reach

Already considered as the most valuable marijuana company in the United States, the Grassroots Cannabis acquisition of Curaleaf Holdings Inc. will further cement its position in the market.
According to Bloomberg, after purchasing the Chicago-based company, Curaleaf’s reach is expected to expand. From the initial coverage of 12 states, the cannabis operator can gain a greater reach with its services being made available in 19 states. By buying Grassroots, Curelaf will gain almost 70 percent of cannabis dispensaries in the country, notes Bloomberg.

With the acquisition, Forbes reports that Curaleaf intends to service new markets. These include the states of Arkansas, Michigan, North Dakota, Oklahoma, and Vermont. It also plans to improve its services on its existing markets, including Connecticut, Maryland, Nevada, and Ohio.

By obtaining Grassroots, Curaleaf will gain access to states outside of its current markets, including Illinois and Pennsylvania. In an interview with CNBC, Boris Jordan, executive chairman, said that the purchase of GR “basically fills out the footprint for us to sell our products across all major markets in the United States.

Once the deal pushes through in 2020, the cannabis giant will have an impressive claim in the industry. Under the new transaction, the company will have services in 68 operational locations, 20 cultivation sites, 26 processing facilities, and 131 dispensary licenses, notes Forbes.

Exciting Times Ahead

Forbes foresees the venture into opening more doors for awareness, education, and continued engagement in the marijuana industry. For one, co-founder and chief executive officer of Grassroots, Mitch Kahn, notes that “this acquisition will enable us to give our patients and retail partners access to products that adhere to the highest standards of quality and reliability.”

In the same way, Joseph Lusardi, chief executive officer of Curaleaf, mentions that this transaction “accelerates our expansion strategy and strengthens our reach across the medical and adult-use markets.”

Besides catering to other states in the country, Curaleaf hopes to expand to Europe sometime in the future.

The Wakefield, Massachusetts-based brand will continue to grow and sell marijuana, edibles, marijuana-infused oils, and lotions state CNBC. It will also continue servicing patrons through its dispensaries.

 

Medical Disclaimer:

The information provided in these blog posts is intended for general informational and educational purposes only. It is not a substitute for professional medical advice, diagnosis, or treatment. Always seek the advice of your physician or other qualified healthcare provider with any questions you may have regarding a medical condition. The use of any information provided in these blog posts is solely at your own risk. The authors and the website do not recommend or endorse any specific products, treatments, or procedures mentioned. Reliance on any information in these blog posts is solely at your own discretion.

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Cannabis Lifestyle

How to Safely Buy Weed Online: Avoiding Scams and Finding Quality Products

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Tips for Buying Cannabis Products Online

Once upon a time, in a small town where everyone knew everyone, a young woman named Jenny decided to try buying weed online. She’d heard about the convenience and variety, but as a first-timer, she felt a bit like a fish out of water. One night, after seeing an ad pop up on her social media feed, she clicked the link and found herself on a sleek website with promising deals. Everything seemed perfect until, a week later, her package never arrived, and her emails went unanswered. Jenny learned the hard way that not every online cannabis store is what it seems.

Fast forward to today, and buying weed online has become more common, but Jenny’s story serves as a cautionary tale. Whether you’re new to this or a seasoned enthusiast, ensuring you’re buying from a reliable source is essential. Here’s how to avoid scams and find quality products when you buy weed online.

Know Your Source

The first step is to research the seller. Check out reviews and ratings on platforms like Trustpilot or Weedmaps. According to a recent survey, nearly 70% of consumers rely on reviews before making an online purchase. Look for detailed reviews that mention the product quality, delivery times, and customer service.

Verify Legitimacy

Legit cannabis sellers will have proper licensing. Check if the website lists their license number and cross-check it with your local government’s database. Legal sellers will also adhere to strict guidelines for packaging and labeling.

Pro Tip: Look for a secure website (https://) and clear contact information. If they don’t provide a physical address or a customer service number, that’s a red flag.

Understand Product Quality

Quality is king in the cannabis world. When you buy edibles online, you can’t inspect the product in person, so you need to rely on descriptions and third-party lab reports. These reports test for potency, contaminants, and cannabinoid profiles. A reputable seller will have these readily available.

Beware of Too-Good-to-Be-True Deals

Everyone loves a good deal, but be wary of prices that seem too low. High-quality cannabis products come at a price due to the cultivation, processing, and testing involved. If the price is significantly lower than other sites, it could be a scam or indicate poor quality.

Secure Payment Methods

When you buy weed online, using secure payment methods is crucial. Credit cards and reputable payment services offer some protection if something goes wrong. Avoid sellers that only accept cryptocurrency or money transfers, as these are harder to track and recover.

Customer Support

A reliable online cannabis store will have accessible customer support. Before making a purchase, try reaching out with a question. How quickly and thoroughly they respond can give you a sense of their reliability.

Shipping and Returns

Read the shipping and return policies carefully. Reliable sellers will offer tracking numbers and have clear return policies. If the site lacks this information, you might end up like Jenny, with no package and no recourse.

Pro Tip: Consider the state’s laws regarding cannabis delivery. Some states have strict regulations, and you want to ensure compliance to avoid legal issues.

Popularity Doesn’t Always Mean Quality

Just because a website is popular doesn’t mean it’s the best. Sometimes smaller, less-known sellers offer higher quality products because they focus more on craftsmanship and customer satisfaction. Don’t be afraid to try new, verified sellers with good reviews.

Stay Informed

The cannabis industry is constantly evolving. Stay updated on the latest trends, strains, and products. Engage with online communities and forums. Knowledge is power, and the more you know, the better decisions you’ll make.

Final Thoughts

Buying weed online can be as smooth as butter if you take the right precautions. By knowing your source, verifying legitimacy, understanding product quality, and using secure payment methods, you can avoid scams and find top-notch cannabis products. So next time you’re ready to make a purchase, remember Jenny’s story and these tips to steer clear of trouble.

Are you ready to explore the online cannabis market with confidence?

Medical Disclaimer:

The information provided in these blog posts is intended for general informational and educational purposes only. It is not a substitute for professional medical advice, diagnosis, or treatment. Always seek the advice of your physician or other qualified healthcare provider with any questions you may have regarding a medical condition. The use of any information provided in these blog posts is solely at your own risk. The authors and the website do not recommend or endorse any specific products, treatments, or procedures mentioned. Reliance on any information in these blog posts is solely at your own discretion.

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Cannabis Lifestyle

Why Our Grandparents Should Add CBD Oil to Their Lifestyle

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As our grandparents get older, we notice some changes in their bodies. From having more frequent joint pain, degrading muscles, and watching them lose their appetite, these can be a difficult pill to swallow for many of us who love and care for our grandparents.

There’s no one way to completely avoid aging and all the effects that come with it. There are, however, some things that can help us manage aging and the symptoms that come with it. One of these is no other than the ever-reliable CBD oil.

Safety of CBD for the Elderly

Why Our Grandparents Should Add CBD Oil to Their Lifestyle

Cannabidiol is a non-psychoactive compound derived from the cannabis plant. Without the presence of tetrahydrocannabinol or THC, this could not get you or your elderly high. This also does not cause an overdose in users and is generally safe to consume even in higher qualities. This entails that CBD oil is safe enough for healthy seniors to use and to add to their lifestyle.

Those who are using a number of medications, however, should first consult their doctor prior to using cannabidiol. This is to ensure that they are fit and healthy enough to use this and to prevent the cannabinoid from interacting with any prescription drug a person may be taking at the moment.

Users should also take great care in only using high-quality CBD products that come from reputable brands and sources for safer consumption. Likewise, starting from a low dosage and working their way up is a good way to start learning what’s compatible with their metabolism.

Why Seniors Should Consider Taking CBD Oil

  • Great for Treating Chronic Pain and Inflammation

One of the main issues that older adults face in their lives is undoubtedly pain. The older they get, our seniors tend to encounter joint pain and inflammation in their lives, with others dealing with chronic pain.

Cannabidiol can significantly reduce pain and inflammation in users thanks to its anti-inflammatory property. By including CBD products, seniors can improve their quality of life. Many of those taking prescription drugs and opioid painkillers may even find cannabidiol beneficial in moving away from drugs that only promote addiction and cause unwanted side effects.

  • Stimulate Appetite

Appetite loss is yet another problem we normally encounter in older people. Whether these are through anxiety, pain, depression, or other common problems, this could be detrimental to their health.

Taking CBD oil can help stimulate their appetite. It can boost their appetite, particularly when added to food or drink or by taking cannabidiol orally as a type of supplement. With CBD’s ability to address nausea, anxiety, pain, and other factors, adding this to a senior’s diet may urge them to eat more over time.

  • Prevent or Slowdown Risk of Dementia

Our grandparents’ bodies grow older and alongside this, their brains tend to grow old and deteriorate as well, making them susceptible to dementia or Alzheimer’s disease.

While the studies surrounding the use of CBD products on dementia are still limited, there is sufficient research that point’s to cannabidiol’s effectiveness in easing symptoms associated with the condition. This can help treat their anxiety and depression, sleeping disorders, as well as agitation and motor function.

The Bottom Line

CBD for seniors certainly holds a lot of potential. By adding CBD oil to your grandparents’ diet and lifestyle, you can go a long way in helping them deal with different health conditions. Before using these, be sure to consult with their physician first.

Medical Disclaimer:

The information provided in these blog posts is intended for general informational and educational purposes only. It is not a substitute for professional medical advice, diagnosis, or treatment. Always seek the advice of your physician or other qualified healthcare provider with any questions you may have regarding a medical condition. The use of any information provided in these blog posts is solely at your own risk. The authors and the website do not recommend or endorse any specific products, treatments, or procedures mentioned. Reliance on any information in these blog posts is solely at your own discretion.

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Cannabis Blogs

Here’s Why CBD Oil Should be Your Favorite Product

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Over the years cannabidiol (CBD) has been gaining a reputation for being one of the most clinically useful cannabinoids among hundreds of compounds in the cannabis plant. CBD also became popular for its beneficial effects as a daily lifestyle aid.

Because of this, consumers are always looking for ways to incorporate this cannabinoid into their daily routine. Getting CBD oil can help consumers maximize the versatility of this substance. Interested in getting this flexible product but not sure where to start? Check out the ways below.

Take it Straight

One of the most common ways to take this oil is to do it straight. Many people simply place a few drops into their mouths, then swallow. This oral intake is great for beginners and experienced consumers alike because effects come gradually, giving them more time to adjust.

Those who want to get more immediate effects can do it sublingually or by placing a few drops under their tongue and waiting a minute for it to be absorbed. This is a great way to reap its benefits promptly as this part of the mouth has glands that can easily absorb the substance.

Mix it With Drinks

Those who prefer to have CBD oil mixed into other food items should look for beverages to use as a base. You can use coffee, tea, or any other drink that is warm enough to keep the oil from turning into glops of grease. This is a great way to mask the cannabis taste, which not everyone likes.

Just keep in mind that any oral method of consuming this product can take time to manifest effects, so you need to hold out on taking more to avoid overconsumption.

Blend it with Sauces or Dressings

Making cbd oil-based sauces and dressings is also another great way to make a tasty ingredient out of this product. You can use it as an oil for pesto by making paste along with basil leaves, garlic, parmesan, and seasonings. For salad dressings, mixing it with vinaigrette is always a good idea. Those who like the taste of cannabis can use it as a drizzle for salads.

Use it as a Finishing Oil

When making pasta with CBD oil, it is important to remember that cannabinoids tend to evaporate when exposed to high temperatures. It can only tolerate heat less than 200 degrees F. So, it is not ideal to use it for sauteing in high heat or anything that involves too much heat.

What you can do is use it as a finishing oil for different dishes. This is where this product becomes more versatile. You can use it to top all kinds of dishes, as long as you know to expect the signature taste of CBD and cannabis products.

Final Thoughts

CBD oil is already a great product because of its benefits. Combined with the different ways to consume it, you should definitely make it your favorite cannabidiol product. You can even try making it on your own!

Medical Disclaimer:

The information provided in these blog posts is intended for general informational and educational purposes only. It is not a substitute for professional medical advice, diagnosis, or treatment. Always seek the advice of your physician or other qualified healthcare provider with any questions you may have regarding a medical condition. The use of any information provided in these blog posts is solely at your own risk. The authors and the website do not recommend or endorse any specific products, treatments, or procedures mentioned. Reliance on any information in these blog posts is solely at your own discretion.

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