newsletters

Newsletter #172

Aurora Cannabis plans U.S. listing Canadian company Aurora Cannabis, currently listed on the Toronto Stock Exchange, is planning to list its shares on a major U.S. exchange next month. It’s worth noting that recreational marijuana will be legal in Canada starting October 17th. Coincidence? We think not. Pot stocks have been going crazy, and we can assume this will only add to that hysteria. Invest wisely, friends. Insuring marijuana businesses With a lack of banking and conflicting state and federal laws, marijuana businesses have to put up with a lot. An issue that receives less attention is that cannabis enterprises are

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Newsletter #171

The Clean Slate Act A group of lawmakers reached across the aisle to introduce the Clean Slate Act, which would tackle a major issue faced by people convicted of non-violent marijuana crimes. The bill would seal the records of qualifying offenders who remain crime-free one year after their completed prison sentences. Consequently, those impacted could stop being penalized by their criminal records. This criminal justice reform bill came about from a partnership between the Congressional Black Caucus and the Freedom Caucus, two groups rarely aligned on any issues. Get the details on the Clean Slate Act here. Elon Musk and the infamous blunt

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Newsletter #170

Safe space for stoned students If you’re a regular user of cannabis, you’ve probably experienced the feeling of being way, way too high. If you’re a student at the University of Calgary in Alberta, you now have a place to go. The university has opened its Post-Alcohol Support Space, originally intended to keep drunk students safe, to those who are too stoned. Smart move. Medical marijuana problems in Malaysia Muhammad Lukman Bin Mohamad gave free cannabis oil to patients in need who could not afford the treatment, but all forms of marijuana are strictly forbidden in Malaysia. This is why a Malaysian court

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Newsletter #169

Mormons vs marijuana In a fairly unsurprising move, the Mormon Church has officially come out against Proposition 2, Utah’s medicinal cannabis initiative. Church leaders are voicing concerns that medical marijuana would negatively impact the health and safety of Utah communities. 60 percent of Utahans are Mormon, so the church’s statement could majorly influence the outcome of Proposition 2. Voters will decide on this measure November 6th. The White House takes on legal cannabis If you think Attorney General Jeff Sessions is the only Trump associate actively working against the marijuana industry, unfortunately, you’re wrong. The White House has formed the Marijuana Policy Coordination

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Newsletter #168

California bill to erase cannabis convictions passes When California voters decided to legalize recreational marijuana, they also got rid of various cannabis-related crimes. While this applied to previous marijuana convictions, no guidelines were put in place to help eligible offenders get their convictions erased or reduced. Because of this, California lawmakers just passed a bill that would expunge or reduce tens of thousands of marijuana-related criminal convictions. Now, the bill awaits Governor Jerry Brown’s signature. If passed, the California Department of Justice will identify eligible cases and send them to the relevant district attorney’s office. Get more details here. NFL player slams

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Newsletter #167

California’s cannabis tax problems When Californians voted to legalize recreational marijuana, many state officials were thrilled at the prospect of all the tax revenue that would roll in. It was estimated that the tax takings from the cannabis industry would total $185 million for the first six months of 2018. The actual total is $82 million. If you’re wondering about the reason for this massive discrepancy, you’re not the only one. Some are blaming state regulations and the black market. Get the details about this shortfall here. The Stoner Cleanup Initiative Last month, a Reddit user posted a picture of a

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