Categories: aggregated

The Sucker in the Room? Did Diddy Overpay by Close to $100 Million for Distressed Cannabis Assets No One Else Wanted?

This proves that Combs’ investment is a huge step forward for minority groups, especially the black community. That part is all true and good news, but did Combs overpay by a ton and get taken for a ride by corporate cannabis, time will tell, but the early response from industry insiders is that Diddy big against himself and greatly overpaid for outdated business model assets in the cannabis industry.

Jason

Share
Published by
Jason

Recent Posts

The Cannabis Industry Forgot Who Built It

Legal cannabis promised legitimacy. Instead, many of the people who carried the culture through prohibition…

1 hour ago

Why Does Watching The World Cup Feel Like A Panic Attack? Weed Can Help, If You Don’t Screw It Up.

The World Cup can trigger intense stress responses that closely resemble the body’s reaction to…

1 hour ago

A U.S. Weed Company Finally Cracked The NYSE. It Had To Leave The Recreational Pot Behind.

Trulieve becomes the first U.S. cannabis company to trade on the NYSE on June 10.…

1 day ago

AI Is Growing Your Weed Now

From robot canopy scanners to algorithmic breeders to AI-powered dispensary counters, artificial intelligence is remaking…

3 days ago

The THC Breathalyzer Hype Machine: Why This Technology Still Doesn’t Solve the Problem

The latest version of this story comes from Virginia Commonwealth University, where researcher Emanuele Alves…

3 days ago

From Ditch Weed to Dank: The Lost World of 1977 Cannabis and Why It Still Matters

But there's more to this image than nostalgia and comedy. What you're looking at in…

3 days ago