A Manhattan-based investor is donating $9 million to Harvard and MIT to study the effects of cannabis on the brain. (WBUR)
In the red light of a microscope room, Amanda Vernon, left, reviews an image of cells in a mouse brain with MIT professor Myriam Heiman. The $9 million donation includes about $1 million for work in Heiman's lab.
The money comes from the marijuana industry itself, in a way. The donor, Manhattan-based investor Bob Broderick, made tens of millions of dollars by investing in the legal marijuana industry in Canada, he says. But now, he says, he can offer money"from the cannabis world" that can go back into learning more about cannabis products."And that's going to be good for all of us," he adds."A majority of Americans live in a regulatory environment that has either medical or recreational cannabis."
We don't even really understand how cannabis can help users with their pain and sleep problems, he says.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
In 2019 Boeing's Cash Flow Will Fall $5 Billion Or $9 Billion Below January ForecastThe most important thing to come out of Boeing's April 24 conference call is that it withdrew its forecast for 2019
Read more »
Uber sets terms for IPO, posts $1 billion first-quarter lossRide-hailing company Uber Technologies Inc is aiming for a valuation of up to $9...
Read more »
In 2019 Boeing's Cash Flow Will Fall $5 Billion Or $9 Billion Below January ForecastIn 2019, Boeing's cash flow will fall $5 billion or $9 billion below its January forecast
Read more »
Uber aims for $84 billion valuation in the year’s largest IPOUber Technologies Inc. is seeking to raise as much as $9 billion in an initial public offering that could give the ride-hailing giant a market valuation of as much as $84 billion.
Read more »
UK supermarket M&A will return in bargain binThe competition watchdog blocked Sainsbury’s proposed $9 bln takeover of Asda. CEO Mike Coupe has few palatable options to cope with German discounters and the revival of UK peers. Deal fever will resurface after the rot sets in and the grocer’s share price has fallen further.
Read more »
New York to pay $9M settlement for hiker struck by rocksALBANY, N.Y. (AP) — Lawyers for a woman left paralyzed after being struck by falling rocks at a state park say New York officials have agreed to pay $9 million to settle the woman's lawsuit.
Read more »
Robinhood says 420,000 users own the marijuana stock Aurora CannabisMillennials are bullish on Aurora Cannabis. The stock is held by more accounts than any other stock on the Robinhood trading app.
Read more »
Tilray and 5 More Marijuana Stocks Investors Are BuyingCowen offered a glimpse of the flows into coming across their trading desk.
Read more »
In 2019 Boeing's Cash Flow Will Fall $5 Billion Or $9 Billion Below January ForecastThe most important thing to come out of Boeing's April 24 conference call is that it withdrew its forecast for 2019
Read more »
In 2019 Boeing's Cash Flow Will Fall $5 Billion Or $9 Billion Below January ForecastIn 2019, Boeing's cash flow will fall $5 billion or $9 billion below its January forecast
Read more »
Aurora Cannabis enters license deal with EnWave, and makes C$10 million equity investment withAurora Cannabis Inc. said Friday it has entered into a royalty-bearing licensing deal with EnWave Corp. for the exclusive rights to EnWave's Radiant Energy...
Read more »