When acclaimed country musician Willie Nelson achieved commercial success in the 1970s, he was already in his late thirties. Willie had been making music for over 30 years without any significant hits, and by 1970 his career was at a downfall. After a series of bad events that left him broke, he. Read More.
Snoop Dogg’s Casa Verde Capital closes on $100 million as the cannabis industry bounces back
Casa Verde Capital, the investment fund co-founded by cannabis connoisseur Snoop Dogg (also known as Calvin Broadus), has closed on $100 million for its second investment fund, according to documents filed with the SEC.
The fund, whose managing director, Karan Wadhera declined to comment for this article, has managed to raise more cash just as the market for cannabis-related products seems poised for another period of expansion.
“What happened to the public perception of the cannabis industry is not too dissimilar to the dotcom bubble of the late ’90s, where there was a lot of hype a lot of it driven by public companies and a lot of speculative trading and valuations that weren’t really founded in reality. [We’re talking about] projections multiple years out into the future, and then crazy revenue multiples on top of that,” Wadhera said of the last bust when he spoke to Tec
Doubling Down on Momentum, Proper Expands Sleep Formulation Line with Two New CBD Blends
Share Article NEW YORK (PRWEB) December 10, 2020
Proper, the sleep wellness brand grounded in science and data, today unveiled two new formulations featuring broad spectrum cannabidiol (CBD - THC free). Building on its successful mid-July launch, Proper is introducing Core Sleep With 25mg Broad Spectrum CBD and Sleep + Restore With 25mg Broad Spectrum CBD based on strong consumer interest in the ingredient.
“At Proper, our formulation team is constantly researching new ingredients to help support better sleep,” said Proper CEO Nancy Ramamurthi. “CBD has a growing body of evidence that suggests it can help reduce everyday stress and anxiety, a leading cause of poor sleep, and thus improve overall sleep quality. This made CBD a natural fit for our portfolio.”