Grow Life 420

Mike Tyson isn’t shy about his love for marijuana.

On Monday’s episode of his podcast, aptly named “Hotboxin’ with Mike Tyson,” the former heavyweight champion shared just how much he spends on the psychoactive drug.

“What do we smoke a month?” he asked his co-host, former NFL player turned marijuana advocate Eben Britton. “Is it $40,000 a month?”

“We smoke 10 tons of weed at the ranch a month,” Britton said, referencing Tyson Ranch, the boxer’s forthcoming 40-acre marijuana farm and “resort.”

– Read the entire article at CNN.

It’s common these days to hear about a food or beverage company investing in cannabis. It’s more unusual for a cannabis company to, say, snap up a soda brand.

In recent months, an emerging cannabis firm has quickly acquired a significant position in Jones Soda (JSDA) with an eye on bringing the wild child of soft drinks into CBD beverages.

Late Thursday, Heavenly Rx, a hemp portfolio company of cannabis investment firm SOL Global Investments (SOLCF), invested $9 million to buy 15 million shares of Jones Soda, bringing its ownership stake in the Seattle soda company to 25%. The infusion is a welcome sum for Jones, which has been accumulating losses.

– Read the entire article at CNN News.

A 30,000-square-foot cannabis museum is coming to Hollywood.

Weedmaps, a Los Angeles-based cannabis technology and media company, is behind the new museum, which is aimed at destigmatizing cannabis and will open later this summer.

“We’re at this point now where there is some cannabis normalization,” Weedmaps CEO Chris Beals told CNN Business, “where they’re already starting to forget that there have been people who have been in jail (because of prohibition).”

The Weedmaps Museum of Weed, slated to be open from Aug. 3 through Sept. 29 at 720 North Cahuenga Boulevard, will take visitors on a chronological walk through history — from the early uses of the cannabis plant to the “Reefer Madness” and “War on Drugs” eras through to the present-day legalization efforts.

– Read the entire article at CNN News.

A pediatric epilepsy drug containing cannabis that has been approved by the Food and Drug Administration is now permitted on flights, according to the Transportation Security Administration.

The agency recently updated its guidance to passengers on what can be brought aboard aircraft, indicating that — subject to “special instructions” — there are forms of medical marijuana that can be brought on board or placed in checked luggage.

TSA confirmed the updated rules to CNN, noting that “possession of marijuana and certain cannabis-infused products” remains illegal under federal law, but said the agency “was made aware of an FDA-approved drug that contains CBD oil for children who experience seizures from pediatric epilepsy.”

– Read the entire article at CNN News.