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CULTIVATED: Top VCs tell us where they’re looking to place their bets in 2020, Mile High Labs and GenCanna lay off workers, and more.

In this edition, we take a look at the top VCs investing in cannabis, and get an update on which CBD and hemp companies recently laid off workers.

Pot-grower Aphria tanks after slashing full-year profit forecasts

Aphria's chief financial officer hinted at a future dividend for shareholders, an unexpected statement amid market turmoil for Canadian weed stocks.
Sen. Cory Booker at an event in Sioux City, Iowa.

Sen. Cory Booker drops out of the 2020 presidential race less than a month before the Iowa caucuses

"It's with a full heart that I share this news — I've made the hard decision to suspend my campaign for president," Booker said Monday.
Cannabis oil products made in Thailand are seen on display during the launch of the first official medical cannabis clinic to provide free treatment for the first batch of patients taking part in a monitoring research program in Bangkok, Thailand January 6, 2020.

CULTIVATED: Disrupting the vape industry, layoffs at Wayland Group, and more.

In the decade's first edition of Cultivated, we take a look at a new 'heat-free' vaporizer, get the scoop on layoffs at Wayland Group, and more.
Ayrn Taylor, an employee at the Venice Beach Care Center, displays medical marijuana at a dispensary in Los Angeles, February 6, 2013.

States with legal medical marijuana have seen a drop in workplace deaths

The study's authors suggest that this could happen because young adults in those states use weed instead of more dangerous drugs.

Legal marijuana goes on sale today in Illinois. Here are all the states where cannabis is legal.

Recreational cannabis is on sale now in Illinois. Marijuana is legal for adults in 11 states; medical marijuana is legal in 33.
A participant in a University of Colorado study on the effects of cannabis, examines the marijuana flowers he has grown in his backyard, in Longmont, Colorado, U.S., December 19, 2019.

CULTIVATED: 2019 was the year the cannabis bubble burst, where top VCs are placing their bets, and more.

Welcome to our extra-special decade-end edition of Cultivated, your favorite weekly cannabis newsletter.
Recess, a New York based startup selling a CBD sparkling beverage, canned a feeling.

The rise of Recess, a New York startup that could be the White Claw of sparkling CBD drinks — if the country’s uneven hemp regulations don...

While Recess has skyrocketed in popularity via social media, the company has been navigating unclear CBD regulations behind the scenes.
Mike Bloomberg speaks at the 2016 Democratic National Convention in Philadelphia.

If Mike Bloomberg wants to move on from ‘stop and frisk,’ he should put his money where his mouth is

The former New York mayor apologized for "stop and frisk." The tens of thousands arrested on low-level marijuana charges still suffer the consequences.