In what is believed to be the largest private gift yet to support scientific research on cannabis, a donor is giving $9 million to support Harvard and MIT work on cannabis and its effects on the brain.

The money comes from the marijuana industry itself, in a way. The donor, Manhattan-based financier Bob Broderick, made tens of millions of dollars by investing in the legal marijuana industry in Canada, he says.

Now, as states around this country legalize marijuana, he's funneling some of that money to help fill what's widely seen as an urgent need for solid research on how cannabis affects the brain.

Click here to read the complete article

Carey Goldberg ~ WBUR.org

Recent News Articles

Wednesday April 24

Social Life Network's MjLink looking to shake up the cannabis sector with conference

in Finance

by Bruce Kennedy - Editor in Chief

Social LIfe Network (OTCQB:WDLF) CEO Ken Tapp and MjLink President George Jage sat down with…

2007 hits

Thursday April 25

USDA Accepting Applications For Hemp Intellectual Property Protection - Cannabis News

in Cannabis News

by Bruce Kennedy - Editor in Chief

The U.S. Department of Agriculture (USDA) announced on Wednesday that hemp cultivators can officially apply…

2026 hits

Thursday April 25

How to Grow Marijuana Sustainably With Korean Natural Farming - Cannabis News

in Culture & Arts

by Bruce Kennedy - Editor in Chief

Korean Natural Farming (KNF) is a blueprint for an alternative way to farm outdoors among…

2150 hits

Thursday April 25

Inside the Only Pot Research Farm in Washington State - Cannabis News

in Science

by Bruce Kennedy - Editor in Chief

Verda Bio won the state's first pot research license last November, giving the company special…

2107 hits

Thursday April 25

Canada: Alcohol and cannabis companies form pot-beverage group to push changes - Cannabis News

in Finance

by Bruce Kennedy - Editor in Chief

A group of alcohol and cannabis companies have formed an industry alliance to push for…

2163 hits