Kaitlin Domangue, Author at Green Market Report - Page 2 of 15

Kaitlin DomangueKaitlin DomangueFebruary 4, 2021
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6min1610

It’s time for your Daily Hit of cannabis financial news for February 4th, 2020. 

On the Site

MassRoots Wants To Be The Greatest Come Back In the Cannabis Industry

MassRoots had a net loss of $142 million for the nine months ending in September 2020. This is a staggering loss, and MassRoots’ CEO attributes a great majority of these losses to derivative liabilities. “MassRoots’ liabilities currently exceed its assets. Like a Phoenix rising from the ashes, we have been working to rebuild MassRoots with the goal of making it one of the greatest comeback stories in the cannabis industry,” said Isaac Dietrich, CEO of MassRoots.

 

Using Music to Stimulate Cannabis Plant Growth

This article explains whether or not playing music makes a difference to plants, and research indicates that certain types of music may yield favorable results. 

 

Veriheal: A CannaTech Company Focused on Medical Marijuana Card Accessibility 

Veriheal was created in 2017 by black businessmen Joshua Green and Samuel Adjetunji with the objective of providing quality medical marijuana education and resources. They provide a few services to make it easier to obtain a medical card, including: locating medical marijuana doctors, consultations to gain more knowledge on cannabis and its benefits, dispensary locator, opportunity to apply for a medical marijuana card.  

 

iAnthus Gets $11 Million For New Jersey Facility

iAnthus (OTC: ITHUF) stock popped over 57% to lately sell at 29 cents after the company was able to close on an $11 million bridge financing funded by certain lenders affiliated with the counterparties to the previously announced restructuring support agreement dated July 10, 2020.

 

Power REIT Acquires Facility Used by Canndescent 

Power REIT (NYSE: PW) has acquired a 37,000 square foot state-of-the-art greenhouse cannabis cultivation facility located in Riverside County, California through a wholly-owned subsidiary for $7.685 million.

 

Break the Grass Ceiling: New Whitepapers Support Women in the Cannabis Industry

As the inspiration from the first female Vice President grows, women are motivated to empower themselves and do even more amazing things than ever before. In celebration of this historic event, The National Cannabis Industry Association and the Women’s Inclusion Network by Arcview jointly released a set of five cannabis-related white papers that outlines the different challenges women executives face in the cannabis industry. 

 

GW Pharmaceuticals Stock Pops on Acquisition 

GW Pharmaceuticals began the day with a market capitalization of around $4.6 billion with approximately 31.18 million shares outstanding and a short interest of about 8.3%. GWPH shares opened 47% higher today at $215.00 (+$68.75, +47.01%) over yesterday’s $146.25 closing price and reached a new 52-week high this morning of $217.50. The stock has traded today between $212.15 and $217.50 per share and is currently trading at $212.88 (+$66.63, +45.56%), in response to the acquisition.

In Other News 

Delic Corp Announces Acquisition

Delic Corp, a psychedelic conglomerate, just announced a binding agreement to acquire Ketamine Infusion Centers (KIC). KIC operates two ketamine infusion treatment clinics, one in Phoenix, Arizona and one in Bakersfield, California. In the last three years, KIC has generated over $1.55 million in revenue, and have conducted over 4,000 treatments. 

 

Sundial Growers Announces $74.5 Million Registered Offering Closing

The company announced today that it has closed an underwritten registered offering of 60,500,000 Series A Units. Each unit consists of one common share and one-half Series A Warrant, with each whole Series A Warrant permitting the holder to purchase a single common share, and 14,000,000 Series B Units. 

Both Series A and Series B Units were sold at a price of $1.00 per whole unit, minus $0.0001. 

 

Leafly and Jane Announce Partnership 

Two giants in the cannabis industry, Leafly and Jane, are partnering together to bring an easier online cannabis consumer experience. 

“[Dispensaries] don’t have a solution that can be seamless like a Shopify or Amazon,” Jane’s CEO Socrates Rosenfeld said. “I think, together with Jane’s ability to cleanse information in real time, and essentially automate e-commerce for large brick and mortar selling sellers, combining that with Leafly’s consumer marketplace, we are making shopping for cannabis as simple as shopping on Amazon.”


Kaitlin DomangueKaitlin DomangueFebruary 4, 2021
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9min2691

As the inspiration from the first female Vice President grows, women are motivated to empower themselves and do even more amazing things than ever before. In celebration of this historic event, The National Cannabis Industry Association and the Women’s Inclusion Network by Arcview jointly released a set of five cannabis-related white papers that outlines the different challenges women executives face in the cannabis industry. 

The whitepapers

The CEO of Green Market Report, Debra Borchardt, was thrilled to co-author two of these white papers – Pathways to Equity Ownership and Pristine Companies Aren’t Good Enough for Cannabis Capital. She worked on Pathways to Equity Ownership with Christine De La Rosa of The People’s Dispensary, and Elise Serbaroli of Strimo. Gaynell Rogers of Treehouse Global Ventures co-authored Pathways to Equity Ownership with Borchardt. this with Gaynell Rogers of Treehouse Global Ventures. The three remaining white papers co-authored by women outside of Green Market Report are: 

“The document is well-prepared by successful women that represent the perspectives of all women whether Black, Brown, or White and in different verticals within the cannabis industry. The papers will inspire women with advice about successful entry and sustainability within the industry. Every woman seeking to enter the cannabis industry will benefit from reading it and attending the virtual event,” said Khadijah Adams, Chair of NCIA’s Diversity, Equity & Inclusion Committee.

Some key takeaways from the whitepaper discussing gender parity in the c-suite: 

  • Companies with more womxn in leadership roles are more profitable. A Pepperdine University study showed that twenty-five Fortune 500 firms with the best record of promoting womxn into high positions were 18 to 69 percent more profitable than the median firms in their industries.
  • Companies with more womxn in leadership roles are more competitive than their peers. One USA Today report found the stocks of 13 Fortune 500 companies led by a womxn for all of 2009 outperformed the S&P 500 (companies primarily led by men) by 25%.
  • • Womxn-led startups produce more than twice the revenue for every dollar invested. Womxn-led startups generate $0.78, compared to male-led startups that generate $0.31.10 They also perform better over time, generating 10% more cumulative revenue over a 5-year period.

Gender Parity in the C-Suite

The whitepaper explains that the step to reaching true gender parity in the workplace starts with one thing: getting to the root of the issue. The text goes on to say that recognizing systemic discrimination and oppression is the root of the issue at hand, and tackling that before anything else will produce profound results. 

“BIPOC womxn and men do not own or have significant representation in today’s cannabis C-Suite, despite the fact that the cannabis industry and market, as it exists today, was created by mostly Black and Brown people in the informal market. Racism is the reason cannabis prohibition exists, as cannabis was weaponized as a tool of state-sponsored systemic racism, filling prisons and marginalizing Black and Brown citizens and their communities. Practiced by both major political parties, voter suppression and exclusion was one of the major byproducts of supporting the prison industrial complex with these policies; it lies to us to change the cannabis narrative,” the whitepaper reads. 

The Grass Ceiling

The whitepaper discusses a concept known as the “Grass Ceiling”, which describes an invisible barrier that blocks women from advancing in the cannabis industry. 

“It is a barrier exacerbated by multiple identities (intersectionality) and applies to womxn as a group, with BIPOC and LGBTQIA+ womxn sitting at the bottom of the pyramid and the last rung on the ladder. There are numerous causes for this grass ceiling. We posit one important cause is occupational segregation. In our current labor market, outside of cannabis, we have seen executive positions segregated by gender. Womxn executives fill positions such as personnel, public relations, marketing, and some finance specialties. These are rarely pathways to the powerful top management positions and are often intentional. This is an example of tokenism22 or a way of practicing performative gender parity but not actual gender parity. The pathways that lead to those power positions, like President or CEO, are rarely offered to womxn in any significant way, thus limiting access to those positions.”

Get your copy of the whitepapers

Some of the whitepapers were made available to download (for free) on January 28th, as well as key research takeaways, and the forward written by Jeanine M. Sullivan, Chief Investment Officer of Arcview Ventures and Founder of the Women’s Inclusion Network. 

Free webinar hosted by the whitepaper’s authors

The Arcview Group and NCIA invite business owners to join them for a free webinar on February 5th, led by the authors of the whitepapers, to jumpstart gender balance in the cannabis industry. 


Kaitlin DomangueKaitlin DomangueFebruary 3, 2021
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3min1390

It’s time for your Daily Hit of cannabis financial news for February 3rd, 2020. 

On the Site 

Will Cannabis Affect How Smart You Are? 

There is no definitive proof that cannabis use affects how smart you are, despite popular belief. Some research, in fact, might suggest the opposite. 

 

Jazz Pharmaceuticals is Buying GW Pharmaceuticals in $7.2 Billion Deal 

Jazz Pharmaceuticals plc (Nasdaq: JAZZ) is buying GW Pharmaceuticals plc (Nasdaq: GWPH) in a deal valued at $7.2 billion or $6.7 billion net of GW cash. Jazz will acquire GW for $220.00 per American Depositary Share (ADS), in the form of $200.00 in cash and $20.00 in Jazz ordinary shares.

 

Scotts Miracle-Gro Reports Record Sales, Raises Guidance 

The Scotts Miracle-Gro Company (NYSE: SMG) reported that company-wide sales increased 105% to a record $748.6 million in its fiscal first-quarter primarily driven by strong retailer support in the U.S. Consumer segment as well as continued momentum in Hawthorne, the company’s hydroponic subsidiary

In Other News 

springbig Acquires BudTender 

Cannabis marketing and communications technology company, springbig, announced their acquisition of BudTender. BudTender is a customer experience platform based in Canada. The acquisition will add over 200 clients to the existing customer base at springbig, and will increase their market share to over 1,900 retail partners across Canada and the United States.

 

Cannabis Stocks Soar in Response Announced Acquisition 

Alternative Harvest, Cronos, GW Pharmaceuticals, Aurora, Tilray, and Aphria are among those cannabis stocks to rise following the news of Jazz Pharmaceuticals announcing their future acquisition of GW Pharmaceuticals.

 

MedMen to Announce Fiscal Results 

MedMen announced their plans to release second quarter fiscal 2021 financial results on February 16th, 2021. Following the announcement, the MedMen team will host a conference call with various key participants.


Kaitlin DomangueKaitlin DomangueFebruary 2, 2021
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2min1140

It’s time for your Daily Hit of cannabis financial news for February 2nd, 2020. 

On the Site

Vangst Report Shows Cannabis Jobs on the Rise

Vangst projects that 26,241 new cannabis jobs will be added by the year 2025, based on the five newly legalized states: Arizona, New Jersey, Mississippi, Montana, and South Dakota. The jobs, unfortunately, have a few downsides – low pay being one of them. Social equity also seems to be lacking, with more talk happening than action. The cannabis industry, however, excels at the benefits it provides its employers. Things could be worse. 

 

Money Moves: Aleafia Health, Sundial Growers

Sundial Growers Inc. (NASDAQ: SNDL) has closed a best efforts underwritten registered offering of 100,000,000 Series A Units with gross proceeds from the offering coming at approximately $100 million, before deducting underwriting discounts and estimated offering expenses. In addition to that announcement, Sundial also said that it has priced a best efforts underwritten registered offering of 60,500,000 Series A Units raising $74.5 million. The exercise price of the Series A Warrants will be $1.10 per common share.

In Other News

Cresco Labs Scores Recreational License in Arizona

The MSO has been approved to sell cannabis Arizona’s new adult-use market. The approval was granted for the company’s Sunnyside dispensary in Phoenix. The dispensary is currently operating as part of the medical landscape, and will be serving adult-use consumers, too. 


Kaitlin DomangueKaitlin DomangueFebruary 1, 2021
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6min860

It’s time for your Daily Hit of cannabis financial news for February 1st, 2021. 

On the Site

THC vs. CBD: Differences and Benefits

The difference between THC and CBD is how they interact with the body, and the effects they produce. Both cannabinoids have great benefits and can be used for a variety of things. 

 

Sober January Leads to Boost in Cannabis Beverages

While many consumers put down the bottle this month for Sober January, some have picked up a cannabis-infused beverage instead causing sales to rise in this emerging category. “To our pleasant surprise, our January sales thus far have exceeded even our December sales. Trading high alcohol, high-calorie drinks with zero alcohol, low calorie Saka Vinfusions is Dry January’s best accompaniment,” said Tracey Mason, Co-founder and CEO of House of Saka

 

Executive Spotlight: Maria Testa

Maria Testa is the Co-Founder of Moose Labs, where she handles branding, social media and customer relations. It was Maria’s “aha” moment that led to the development of the MouthPeace product line. In a predominantly male-run industry, her female perspective of the market and its associated problems have been a driving force behind the growth of Moose Labs.

 

GrowGen Buys Maine-based Grow Depot

It seems a month doesn’t go by without  GrowGeneration Corp . (NASDAQ: GRWG ) making another acquisition. February is only just starting  and the hydroponic store chain has said it is buying Grow Depot, a two-store chain in Auburn and Augusta, Maine. The acquisition brings the total number of GrowGen hydroponic garden centers in Maine to five, with locations in Auburn, Augusta, Biddeford, Brewer, and York.

 

Slang Teams Up with Merida to Speed Up Expansions

SLANG Worldwide Inc.  (OTCQB: SLGWF) has teamed up with cannabis-focused private equity firm Merida Capital Holdings to speed up Slang’s expansion in both new and existing markets. In addition to the partnership, Slang said that Merida led a non-brokered private placement of up to C$10 million to fund further growth. The stock was rising over 6% to lately sell at 32 cents.

In Other News

Columbia Care Wins 5 Dispensary Licenses in West Virginia

Cannabis giant, Columbia Care (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP), has officially secured five dispensary licenses in West Virginia, establishing them as a completely vertically-integrated facility. Retail operations will be in Beckley, Fayetteville, Morgantown, St. Albans, and Williamstown.

 

Trulieve Secures 4 West Virginia Dispensary Permits

Trulieve (OTCQX: TCNNF), won four medical cannabis dispensary licenses in West Virginia. Locations will be in South Charleston in the greater Charleston area, Weston, Buckhannon, and Morgantown. 

 

cbdMD to Donate Up to $500,000 to Help Bars & Restaurants in the Pandemic 

Highly-respected CBD company, cbdMD, is giving back this year, in a huge way. The company is discounting their topicals by 25%, and then will match that discount with a cash donation up to $500,000. The donation will be made to The Barstool Fund, a fund set up by David Portnoy and Barstool Sports, and will go to all small businesses across the United States who have been impacted by the shutdowns of the COVID-19 pandemic. 


Kaitlin DomangueKaitlin DomangueDecember 18, 2020
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6min2220

It can get expensive fast when trying to buy holiday gifts for your family and friends, and that becomes especially true when you’re searching for cannabis-related gifts! So, we’ve compiled a list of the best cannabis holiday gifts that are under $50. We tried to make them pretty unique gifts, and not just throw products that happen to be under $50 on a list and call it good. 

You’ll find a mix of things on this list, and some of these gifts do have THC – so they are only available in select locations. 

THC Olive Oil by Om Edibles

Om Edibles infused olive oil is the perfect gift for the cannabis-enthusiast and foodie in your life. Featuring 20 milligrams of THC per teaspoon, this olive oil adds a chill vibe to any dish. It also has approximately 24 total milligrams of CBD, so it balances the THC very well. You can use this infused product just as you would regular olive oil, however that may be! Because of the THC content, this product is only available in California and retails for $29. 

CBG Topical by Goodekind

Goodekind’s CBG topical is a unique product for all of the cannabis-enthusiast people in your life. CBG is quickly rising in popularity, with science discovering that the cannabinoid has awesome therapeutic properties – just like CBD! Goodekind’s topical contains 300 milligrams of CBG, as well as other amazing ingredients like organic shea butter, organic beeswax, and organic coconut oil. The topical also includes soothing essential oils, eucalyptus and peppermint. The topical retails for $35. 

Plus, when you support Goodekind – you support human rights! An eighth (pun likely intended) of the brand’s profits go to human rights initiatives in the United States.

Kanha Nano Sugar Plum Gummies

Kanha has released a holiday edition of their nano gummies in the flavor Sugar Plum. The Sugar Plum flavor comes in an indica strain, and features 10 milligrams of THC per serving. The gummies use Kanha’s nanomolecular technology which creates a stronger and more hard-hitting effect. Kanha’s gummies are available in California. 

Rhythm CBD Seltzer

Rhythm CBD’s seltzers come in three different flavors: blackberry lavender, lemon ginger, and grapefruit rosemary. While they have a 12-pack of sparkling water for $70, you can also purchase a 4-pack for $24 to be well under your $50 budget! The flavors provide different effects, blackberry lavender for sleep, lemon ginger for recovery, and grapefruit rosemary for alertness and vitality. 

This is a hemp-derived product, so these refreshing beverages are available in most U.S. states, excluding a few! 

Pokers by Elevate Jane

We’ve featured Elevate Jane a few times in our gift guide series, but the woman-owned brand just has so much to offer – and at a great price! Elevate Jane has a few different pokers for all of your cannabis poking needs, and their cute styles make clearing bowls fun! Choose between an avocado, pineapple, or ice cream poker – all styles retailing for just $18. These pokers are the perfect low-cost gift for your bowl smokin’ cannabis friend! 


Kaitlin DomangueKaitlin DomangueDecember 16, 2020
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6min1901

One of the downsides to gifting cannabis products is that a lot of them are only available in certain areas. I can’t tell you how much I’ve hated writing, “This is only available in California”, or wherever the product may be! 

I am so thrilled to say that these are the best CBD-only products, which means they are available everywhere! These are the gifts you want to give to your cannabis/CBD enthusiast friends all over the country, no matter where they are. 

CBD Sleep Gummies by CBDistillery

Let’s face it. Diets, habits, sleep schedules, and more are usually out of whack during the holiday season. If it isn’t planning Christmas dinner for your family, it’s navigating a global pandemic. You know, 2020 normalcy. 

Giving the gift of sleep this year might automatically move you to the nice list. CBDistillery’s 30 milligram sleep gummies infused with melatonin is the way to give sleep. They’re a mixed berry flavor, so even the pickiest of tastebuds will love them. They retail for $60 and have two milligrams of melatonin, too. 

Subtle Tea 

Subtle Tea is the CBD gift for your health and wellness friends. Each bottle of tea literally has 5 total calories, and is keto/vegan-friendly. Featuring 25 milligrams of CBD, Subtle Tea is the perfect way to relax and refresh your mind. The tea is also packed with polyphenols and antioxidants for extra immune-boosting support. Choose between jasmine green tea with lychee, white peach tea with cardamom, and ginger white tea with fuji apple. 

P.S., there are THC teas for purchase, but they’re obviously only available in select locations.

Mondo CBD Dust

Mondo’s CBD dust is a unique way to get your daily dose of cannabidiol. It literally is just a powder, so it can be easily added to recipes or eaten on its own. It is designed to relieve anxiety and boost your mood, which is the perfect way to enter 2021, am I right? The Mondo powder contains 5 milligrams of CBD per dose, which is just the right amount to start with. Add more or half the dose based on preferences. Your friends will love this gift – but we think it’s totally fine to keep this one for yourself. 

Peppermint Bath Bomb by House of Platinum CBD

Is there anything that screams holiday self-care more than a CBD-infused peppermint bath bomb? Probably not. Not only is this the perfect holiday gift for anyone that loves a good soak, but it only costs $8.50! This is a great stocking stuffer, or a gift for the one that has everything. This bath bomb contains 100 milligrams of CBD, which is more than enough to relax you from head to toe. 

 

CBD Cucumber & Peptides Eye Gel from Tribe Tokes

CBD is great for the skin, much of its anti-inflammatory properties translate into skincare when used appropriately. This eye gel by Tribe Tokes encompasses everything that a great CBD gift should. It’s affordable, practical, and full of amazing ingredients. This eye cream is designed to lift the eye area, reduce under eye circles, and increase brightness – all while improving elasticity and fine lines. 

The CBD cucumber eye gel retails for $50, and can be found along with other awesome CBD products from Tribe Tokes. 


Kaitlin DomangueKaitlin DomangueDecember 15, 2020
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7min2780

Cannabis gifts are great. They’re fun, exciting, and sometimes, they are limited edition products! It is so much fun to find a unique gift or something that won’t be around forever. We all love the novelty of gift giving, but sometimes – you simply need to stick to the classics. 

If you’re gifting to a flower connoisseur, this is the gift guide for you to read! We’ll be featuring both flower and pre-rolled joints for any cannabis enthusiast. As always, the products containing THC are only available in select states. 

Indica House Doobie by Caliva 

We’ve featured some of Caliva’s products in the previous gift guides, and today we’re featuring them again! The Indica House Doobie is a very chill pre-rolled joint. It has roughly 15% THC, so it’s not a crazy high, but rather a chill and feel-good kind of vibe. This will be the gift for your sometimes-smoker friend, or the one who doesn’t like a heavy hit. This is probably not the joint to buy for your friends that love high-THC strains – but keep reading because we have something for them, too! 

The pre-rolls are blended perfectly for optimal burn and consistency, and feature a half gram of cannabis per joint. They’re only $5 for one, so it makes for a perfect stocking stuffer or budget gift! 

Christmas Lights by Insane Strains

This cultivar is frosty, merry, and bright. Christmas Lights contains approximately 21% THC, so it can be a heavy hitter. The hybrid flower contains notes of citrus and a hint of pine, with some even claiming hazelnut vibes. The name comes from the glistening frost that covers the Earth after a fresh snow, and Christmas Lights by Insane Strains sure does glisten! 

You can find Christmas Lights at Dr. Greenthumb dispensaries in California. 

Z Cube by Caliva 

Caliva’s Z Cube flower has a little more THC than their Indica House Doobie, so this would be perfect for someone who likes higher THC. According to Caliva’s website, the flower tests out at 25.06% THC. Caliva describes it as a “sweet and tropical blend” that provides an “energetic edge.” An eighth of this flower retails for $35, and is only available for your friends in California! 

22 Red’s Caramel Gelato

22 Red’s Caramel Gelato is as sweet as it sounds, featuring fruity and sweet notes. The strain is a cross between Gelato and Orange Apricot, so it has those holiday flavors we all crave! Find Caramel Gelato with dark purple buds, fiery orange hairs, and a beautiful coat of crystal resin on top. Caramel Gelato is considered a hybrid indica, and can be found in dispensaries in Arizona and California. Caramel Gelato has a pretty high THC content, so only give this strain to those who can handle it!

Her Highness x Last Prisoner Project’s CBD Pre-Roll

It’s cannabis with a cause! And thankfully, this pre-roll can be gifted to your friends anywhere since it is hemp-derived CBD. This is the perfect gift for the cannabis enthusiast that loves to support a great cause. 

Her Highness CBD partnered with the Last Prisoner Project to create this pre-roll with a message. Each package has the story of one of three women The Last Prisoner Project helped release, and 50% of the proceeds go to these women and other women like them who have been impacted by incarceration due to non-violent cannabis charges. It will feature one pre-roll and a lighter and costs just $15, making this the perfect stocking stuffer! 

Justice Joints

Justice Joints donates 100% of their profit to those most affected by cannabis prohibition. Specifically, to the expungement, release, and rebuilding of these lives who are affected. Currently, there are 40,000 people sitting in prison for cannabis crimes as a legal industry encompassing the very thing they are imprisoned for blazes on outside their cells. Those working on behalf of these people will not rest until every last cannabis prisoner is free.

The joints are available in indica, sativa, and hybrid strains for under $10.


Kaitlin DomangueKaitlin DomangueDecember 11, 2020
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8min5820

Today’s gift guide is all about glass pieces. Glass deserves a category all to itself, the gifts we have on this list are very unique. If you know a glass connoisseur, this is the guide you’ll want to read. There is something for every budget on this list, as well as a product for (most) people who like to use glass.

KHaring x Higher Standards

We featured a KHaring glass rolling tray in the gadgets and accessories guide, but Keith Haring’s art can also be purchased on glass pieces! The KHaring line has multiple different tools, and you can choose from a few different pictures. Choose between a KHaring rig, pipe, bubbler, water pipe, and taster pipe. 

Keith Haring’s artwork is known for being a little bit obscure, so this is the perfect gift for someone that appreciates all things art, and ideally, all things unique. Keith Haring was also an activist and often used his artwork to spread messages that were important to him. “A social activist and creative visionary, Haring used his artwork to spread messages of peace, love, equality, and compassion,” reads the website. The taster starts at just $20, and the water pipe is the most expensive at $160, so there is something for every budget! 

Petal Pipe by Elevate Jane

This is a gorgeous and feminine pipe with amber-colored glass, created by Elevate Jane. Elevate Jane is owned by Angela Mou, a female entrepreneur of color with her sights on disrupting the cannabis space – in all of the best ways.

The pipe features pretty pink flower petals on the inside, which are not painted on, but rather expertly blown. This ensures the integrity of the flower petals, they won’t fade away like painted on petals would. It is handblown, so you can trust that your pipe was created with the utmost love! 

This beautiful piece retails for $69 and may require the signature of someone 21+ years upon delivery. 

Marley Natural Glass & Walnut Spoon Pipe

This is a gorgeous piece for people who just love the classics. Whether that’s classic style, movies, or music – your cannabis loving recipient will appreciate the simplicity of this glass and walnut spoon pipe by Higher Standards. The parts are detachable which makes for easy cleaning and maintenance. It retails for $60, so it is fairly affordable for a product of such high quality and class. 

Crystal Pipe by Elevate Jane

We are going to talk about Elevate Jane again, because they are coming through for us with the glass pieces. Elevate Jane’s crystal pipes are gorgeous, and some believe crystal provides helpful properties to encourage healing and restoration. Elevate Jane offers so many different kinds of crystal pipes, choose from: clear quartz, tourmalinated crystal, rose quartz, amethyst crystal, green aventurine, labradorite crystal, smoky quartz, and black obsidian. They are all so different looking, so head to Elevate Jane’s crystal pipes to choose the best one for your recipient! 

Stundenglass Gravity Hookah

Okay, so this is the gift you give to your person. Whether that’s your partner, your best friend, your mom, or yourself – this is the big one. You don’t give a Studenglass gravity hookah to just anyone. It was just released, so it is a brand new gift. Vape and smoking accessories company, Greenlane Holdings (NASDAQ: GNLN), is the exclusive distributor for the Studenglass gravity hookah. 

This multi-use tool retails for $500, but for a great reason. It is a 3-in-1 design, offering multiple uses including a hookah, concentrate, and dry herb consumption. It is also compatible with concentrate accessories such as the G Pen Connect. Accessories like the G Pen are connected through an included male-to-male adapter. 

“We are thrilled to introduce Stündenglass to our dynamic customer base,” said Aaron LoCascio, Founder and Chief Executive Officer of Greenlane Holdings. “The Stündenglass team has exhibited great ingenuity in developing their flagship Gravity Hookah and the result is one of the most technologically-advanced smoking accessories in the industry. We hope to improve the overall consumption experience for our customers around the world through this launch.”

Food Pipes by Elevate Jane

Elevate Jane’s food pipes are perfect for any cannabis enthusiast that loves, well… food! The pipes from the women-owned brand are so cute, choose from pieces shaped like an avocado, an eggplant, an ice cream cone, delicious-looking sushi, and other fun pieces. They add a little bit of fun to the smoking session, and they are really pretty, too. 


Kaitlin DomangueKaitlin DomangueDecember 8, 2020
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9min5050

No disrespect to the other gift categories that we have already done and have planned for this month, but I was most excited to write the luxury gift guide!

If you’re involved with the cannabis industry at all, you know that there’s a side of it that tries to make things a little more luxurious. Nice dispensaries with an amazing interior and top of the line technology, gourmet and decadent edibles, etc. I love seeing the innovative things the cannabis industry comes up with, and this guide is for those of you that want to give a gift with a little more oomph. 

Hervé Macarons

Hervé is a French company, so you already know their macarons are incredible and authentic. Each macaron has 10 milligrams of THC, and has three total macarons per box. They are currently only available in Nevada, so only residents of that state have access to Hervé. They do have products available in Reno or Las Vegas, so if you’re in California you might be willing to make the drive for some macarons, too!

The box they come in is amazing. It’s just a simple white box, but it’s very sturdy and it just feels luxurious. Hervé’s brand screams luxury, so if you’re looking for a gift for the cannabis enthusiast with a more refined taste – look no further! 

Hemp Beard Kit by Franny’s Farmacy 

I was so excited to receive this hemp beard kit by Franny’s Farmacy in the mail! My husband has a beard, so we tried it right away. It comes with a really nice wooden comb and a beard oil. The comb is durable and folds up, so it’s portable! 

The smell is really nice, it isn’t overpowering like a lot of beard oils are. It has a woody and herby scent, but it’s also slightly sweet. It has moisturizing ingredients like jojoba oil, hemp seed oil, argan, and vitamin e oil. The moisture lasted in my husband’s beard for at least 24 hours, which is really great. This kit retails for $30, so it’s a really affordable gift for all of the beards in your life! 

 

Higher Standards x Edie Parker Mini Roach Clip

This roach clip is the epitome of a luxury cannabis gift. It’s handcrafted in Peru, and made with 100% black rhodonite. 

The roach clip is the product of a collaboration by Edie Parker and Higher Standards. It’s part of the Sustainable Artisan Development Project, which impacts over 300 women annually and empowers new craft economies in Peru. 

This is the perfect gift for joint and blunt smokers alike; it’s the perfect way to smoke your roach down to the end without burning your fingers. Plus, it’s gorgeous! The Higher Standards x Edie Parker roach clip retails for $85. 

Empress Teas

Empress Teas was founded by Bethany Stiles, a female entrepreneur in the cannabis space. The teas are infused with water-soluble CBD and contain a botanical blend of fair-trade flowers. 

“We aim to inspire, motivate and encourage our consumers through our community of wellness practitioners who help us create these resources like the Morning Ritual Guide attached. Even our marketing assets are interactive, like our notecard handouts that have prompts on one side with a writable surface for people to log their intentions for the day, what they are grateful for, and how they can show themselves love today,” says Stiles. Empress Teas is the perfect luxury gift for the one in your life who deserves to relax. Especially with the cooler months already here, a warm cup of tea is the perfect way to warm up! 

1906 Drops 

1906 Drops are a whole new kind of edible, and the brand claims to be the fastest acting edible on the market. There is a Drop for any gift recipient in your life, no matter who they are. 

The brand offers six different experiences, allowing customers to choose between Genius for powering through the workday and improving mental power containing 2.5 milligrams of both CBD and THC, Love to increase sensuality with 2.5 milligrams of CBD and THC, Go to promote energy and alertness with 5 milligrams of THC and CBD, Bliss to encourage a happy sense of wellbeing with 5 milligrams of CBD and THC, Chill to promote tranquility and peace containing 5 milligrams of THC and 25 milligrams of CBD, and Midnight to help a better night’s rest with 5 milligrams of THC and CBD.

Because there is THC in 1906’s Drops, the products are only available in Oklahoma, Colorado, and Illinois dispensaries. 

House of Saka Wine

House of Saka is the first-ever THC “wine” made from Napa Valley grapes. This infused beverage is only available in California and via cannabis delivery service, Ganjarunner. This gift is perfect for wine-loving cannabis enthusiasts that may be trying to limit their alcohol consumption. The beverage is entirely alcohol-free, and contains a perfect ratio of THC to CBD. 



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The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis


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