newsletters

Newsletter #144

Cannabis prices continue to tumble According to a new report, the price of legal marijuana in the U.S. has been dropping over the last 18 months. The price per pound of cannabis fell 13 percent from 2016 to 2017, and it’s expected to continue to plummet in 2018. Learn more about the report’s findings here. Senate proposal for marijuana industry banking A bipartisan group of senators has put forth a proposal that would prevent the federal government from punishing a financial service provider solely because the institution provided services to a cannabis-related business. Stay tuned. Smoke Sessions Have you ever

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Newsletter #143

Lawsuit against Jeff Sessions dismissed A diverse group of cannabis advocates decided to sue Attorney General Jeff Sessions on the grounds that marijuana’s classification as a Schedule I drug is so absurd that it violates the U.S. Constitution. This week, a federal judge dismissed the lawsuit. He showed sympathy for plaintiffs, but ultimately ruled that the Drug Enforcement Administration has authority in this matter. Learn more about this case here. California sends warning to unlicensed marijuana businesses When California’s legal marijuana regulations went into effect on January 1st of this year, many cannabis enterprises did their due diligence and obtained licenses. However, not all marijuana businesses

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Newsletter #142

Legalization in Canada is behind schedule Canadian Prime Minister Justin Trudeau had planned to legalize recreational marijuana nationwide by July 1st, but that didn’t materialize. The government will vote on the recreational cannabis bill July 7th, and it will take eight to 12 weeks after that for Canada’s provinces and territories to prepare for legal pot sales. Hold tight, northerly neighbors. Cannabis industry projections If you’re feeling uncertain about the marijuana industry’s future in the U.S., this might make you feel better. According to a new report, the cannabis trade will create 414,000 jobs across the nation by 2021. The industry will

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Newsletter #141

Medical marijuana sales begin in Pennsylvania Pennsylvania’s medical cannabis program was signed into law in April 2016, and after nearly two years of planning, dispensaries finally opened their doors this week. The program is pretty restrictive—patients can’t purchase flowers or edibles—but starting small is better than not starting at all. Berkeley becomes cannabis sanctuary city The city of Berkeley has enacted a policy that prohibits city departments, officers and employees from using city funds to enforce federal marijuana laws. This makes Berkeley the first cannabis sanctuary city in the U.S. Check out the details here. Chelsea Handler announces pot line Comedian Chelsea Handler

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Newsletter #140

The social media challenge for dabbers From swallowing spoonfuls of cinnamon to biting pods of laundry detergent, social media “challenges” have become quite popular. If you’ve been waiting for a marijuana-specific challenge, here you go: the Crab Dab Challenge. Participants hold a crab, who in turn holds the dab tool. It’s hard to describe. Just look at the pictures. Seattle to tackle marijuana misdemeanors Seattle’s mayor and city attorney have announced plans to dismiss misdemeanor cannabis possession convictions that were prosecuted before marijuana was legalized in Washington state. It is estimated this action will erase over 500 criminal convictions from court records. First

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Newsletter #139

San Francisco takes on marijuana convictions California’s cannabis legalization legislation created a pathway for people to have their previous marijuana convictions expunged or reduced. San Francisco’s district attorney decided that instead of waiting for people to come forward and petition the courts, prosecutors will review and expunge or reduce thousands of convictions going back decades. As District Attorney George Gascón said, “We believe it is the right thing to do. We believe it is the just thing to do.” We couldn’t agree more. World’s first CBD store now open Many of marijuana’s medicinal properties come from CBD (cannabidiol), a compound found in the plant. CBD

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