A new company… just raised $6.2 million to try to make psychedelics without their characteristic hallucinogenic qualities, so that the compounds can be used in medicines for diseases like addiction. Based in the US and Canada, MindMed’s team of 11 is scattered across Toronto, New York, and San Francisco. The company’s first goal is getting…
You see, now that it’s becoming legal, there’s nothing special about marijuana. Like corn or wheat, it’s a crop. Marijuana is a commodity. It’s all roughly the same, no matter where or how it’s grown … The apple is a versatile fruit. Yet, selling apples is far from lucrative … After much hype, investors have…
The activists hurled a blizzard of “blood money” in the air — mock one-dollar bills printed with the word “Oxy” and splattered with red paint — and spilled mock prescription bottles across the steps of the courthouse. They spread themselves across the cement for a 200-second die-in and moment of silence for the nearly 200…
“If [the Sacklers] have the perception — and it’s the correct perception — that ‘people like us just don’t go to jail, we just don’t, so the worst that’s going to happen is you take some reputational stings and you’ll have to write a check,’ that seems like a recipe for nurturing criminality,” Keith Humphreys,…
A Massachusetts judge has denied a motion to dismiss a lawsuit that claims members of the Sackler family and the company they own, Purdue Pharma, helped create the nation’s opioid epidemic. In a decision released late Tuesday afternoon (10/9/2019), Suffolk Superior Court Judge Janet Sanders said Massachusetts Attorney General Maura Healey has jurisdiction to pursue the 17…
Attorneys general for 25 states and lawyers for more than 500 local and tribal governments have asked a judge to let actions against family members move ahead. The company has said that if the Sacklers face litigation across the country, they may not be willing or able to kick in the $3 billion to $4.5…
“If forced to bear the risk of adverse money judgments, the related parties may be unwilling — or unable — to make the billions of dollars of contributions contemplated by the settlement structure,’’ Purdue said in a filing last month. Purdue Pharma has suggested in court filings that protecting the family from lawsuits is a…
Home growing – seen by many as a commonsense policy that ensures access to cannabis for individuals who can’t afford retail prices, live too far… or just want to flex their green thumbs– …a chapter titled “The Fallacy of Home Grow” makes very specific—and, in the eyes of advocates, misleading—arguments against allowing… cultivation for personal use.…
Richard Sackler did not comment for this story. Family representatives declined to comment publicly. Purdue Pharma, which created vast wealth for the family, filed for bankruptcy Sept. 15. Some members of the billionaire Sackler family — the owners of Purdue Pharma, the company widely blamed for fueling America’s opioid crisis — will reap about $60…
On Sept. 9, 2015, a Buddhist deity arrived at the Smithsonian’s Arthur M. Sackler gallery in a wooden crate … The two-foot-tall sculpture of the bodhisattva Gwaneum — was once considered a living being, says Keith Wilson, the Sackler’s curator… “A princely figure, the bodhisattva Gwaneum has not yet renounced worldly possessions.” Original Article (Washington…
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