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Connecticut Innovations, which has more than 200 portfolio companies and $300 million in assets, invested in 1906 New Highs. calling the company’s products an emerging area.
“We like the science behind it,” said Lauren Carmody, vice president of marketing and communications. “It could open the door for other entrepreneurs.”
“1906 C.E.O. Peter Barsoom ruminates on new hospitality possibilities. “We have a product for sleep, and we have a product for sex,” he says. “Imagine, in your minibar, you had a ‘Love’ chocolate and a ‘Midnight’ chocolate. Those are the two things we want when we’re in a hotel room: either sex or a good night’s sleep.”
Oklahoma entered the world of legal cannabis late, but its hands-off approach launched a boom and a new nickname: “Toke-lahoma.” 1906 CEO Peter Barsoom talks about the company’s experience of entering this red-hot market.
Recent marijuana wins on the ballot mean that in 15 states plus Washington D.C., where one out of every three Americans live, adults will legally be allowed to light up. 1906’s chief of policy and health innovations Jackie Cornell shares her insights.
Will New Jersey create a new paradigm, or repeat the mistakes of other legalized states?
“1906 is the leader of the pack when it comes to out-of-this-world infused peanut butter cups.”
“You say people who use marijuana may have more sex because they put less pressure on themselves when they are high? We’re believers.”
1906’s chief of policy and health innovation Jackie Cornell, the cofounder of the Cannabis Advisory Group, notes that upwards of 60% of recreational consumers purchase cannabis to ease legitimate health concerns like pain, anxiety, and insomnia.
1906 Chill Drops made Paper’s list of the five best edibles to help you relax. Take their word for it: fast-acting quality Chill is “the pandemic equivalent of the cocktail you used to slug back straight after work.”
Peter shares his motivations for starting 1906, how living with ADD inspired the company’s Genius formula and how to combat long-standing stigmas about cannabis.
