#MICHIGANCONNECTION: Francis Ford Coppola sees value in legalized pot–makes a dope deal

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Yep, it’s true.  The Godfather’s director Francis Ford Coppola is all in when it comes from investing in legalized cannabis.  He is adding cannabis to his wine and hospitality empire.

The famed film director has inked a licensing deal with the Humboldt Brothers, a Garberville business that owns Humboldt County marijuana farms, to produce a limited edition of three different cannabis flower strains.

The deal was made through a separate business entity, the Sana Co., which Coppola established earlier this year, rather than the Family Coppola, the Geyserville-based business that comprises his wine brands.

“Wine and cannabis are two ancient and bounteous gifts of Mother Nature, linked by great care, terroir and temperateness. Constellation Brands Inc., owner of the iconic Robert Mondavi Winery in Napa and other local wineries, Thursday closed a deal to buy 37 percent of a Canadian cannabis company. Lagunitas Brewing Co. of Petaluma was the first well-known brand to the market earlier this year, with a cannabis drink made in conjunction with Santa Rosa’s CannaCraft. That drink is sold only in California-licensed cannabis dispensaries.

Johnny Deim, Humboldt Brothers founder and chief executive officer, said his small company’s deal with Coppola was a “landmark on how the times are changing.”

November 6, 2018, Michigan became the 10th state to legalize recreational pot.  So, if you got ’em, smoke ’em.

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