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“We have promised to release that report in a really short period of time and to make appropriate decisions as result of that report,” Chancellor Robert L. Caret told the regents at Friday’s meeting. “But we wanted to give the board a few days to review the report to determine what to do next.”.

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Joe Montana, Investor, CalivaThe legendary quarterback, who had a 15 year Hall of Fame career with the San Francisco 49ers and Kansas City Chiefs, first entered the industry in 2017 with a $4.1 million investment in Herb, a marijuana focused news and entertainment media outlet. His venture capital firm’s latest move is a $75 million investment in the vertically integrated cannabis company Caliva. Based in San Jose, California, Caliva produces top shelf cannabis flower and oil, manufactures ancillary products, operates a flagship dispensary and sells on shelf at dispensaries throughout the state.

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