Germany, Joe Rogan, Weed Taxes and Edible Train Tickets – Latest Updates from December 2021

The end of the year is fast approaching and we are all getting ready for a new start. Before we embark on a new spin around the sun, here is a look at weed around the world and the latest updates from December 2021. From Germany, Joe Rogan, and weed taxes to edible train tickets, […]

The post Germany, Joe Rogan, Weed Taxes and Edible Train Tickets – Latest Updates from December 2021 appeared first on Latest Cannabis News Today – Headlines, Videos & Stocks.

San Francisco Suspends Cannabis Tax to Combat Illicit Market

The San Francisco Board of Supervisors last week unanimously approved a measure to temporarily suspend the city’s Cannabis Business Tax, citing strong competition from the illicit cannabis market and a crime wave that has plagued the regulated industry.

The tax was approved by San Francisco voters in 2018 and was scheduled to go into effect on January 1, 2022. Under terms of the ballot measure, a tax of from one percent to five percent would be levied on the gross receipts of the city’s licensed cannabis businesses.

Supervisor Rafael Mandelman said in a statement that suspending the tax would allow businesses in the city to better compete with unlicensed operators, who pay no taxes and are not subject to other costs mandated by regulations such as licensing fees and lab testing expenses.

“Cannabis businesses create good jobs for San Franciscans and provide safe, regulated products to their customers,” Mandelman said in a statement. “Sadly, the illegal market is flourishing by undercutting the prices of legal businesses, which is bad for our economy as illegal businesses pay no taxes while subjecting workers to dangerous conditions and consumers to dangerous products. Now is not the time to impose a new tax on small businesses that are just getting established and trying to compete with illicit operators.”

Mandelman noted that a report from the California Legislative Analyst’s Office found that increased state tax rates are directly related to illegal cannabis sales. Matt Hawkins, founder of Entourage Effect Capital and chairman of the board for California licensed cannabis operator Harborside, commended the city’s move as a way to help regulated businesses compete with the illicit market.

“With the vast majority of California’s cannabis sales coming from the illicit market, I commend the city of San Francisco for suspending the city’s Cannabis Business Tax,” Hawkins told High Times in an email. “This should help support the legal cannabis operators in the area, and I hope the rest of California’s municipalities follow suit, including Oakland and other Bay Area neighbors.”

California Cannabis Businesses Plagued by Crime

Cannabis businesses in California, particularly in the San Francisco Bay Area, have suffered a rash of crimes over the past two years, spiking with the civil unrest that gripped the nation after the killing of George Floyd at the hands of Minneapolis police in May of last year. Using the protests over Floyd’s death as cover, criminals looted and burned cannabis businesses up and down the state.

Cannabis dispensaries have also seen a string of dispensary thefts and robberies. On November 16, a group of armed thieves stole thousands of dollars of merchandise from San Francisco retailer BASA. Mandelman’s office said that the theft was the fifth burglary at the site.

“Cannabis businesses, along with many other retailers in San Francisco, are struggling under the weight of out-of-control retail theft,” Mandelman said. “San Francisco needs to do more to protect these businesses, their employees, and their customers before we hit them with a new tax.”

Sue Taylor, founder of Mama Sue Wellness and a representative for Glass House Brands, noted that reducing cannabis taxes provides a benefit to consumers as well as cannabis businesses.

“As usual, San Francisco is taking the lead on helping seniors and people in pain on lowering cannabis taxes,” she told High Times. “Many of our customers and clients have slipped into the illicit market to buy cannabis because of pricing.”

“Before full legalization, cannabis was affordable, but since, the costs have almost doubled for consumers,” Taylor added. “We are proud to be members of this community, keeping real people in mind. And we want to thank the city for once again being a leader in recognizing this as an important issue for our citizens.”

Shutterstock

A Bold Move for San Francisco

With the measure to suspend the Cannabis Business Tax now approved, Mandelman said that his office would work with the City Controller’s Office, the Treasurer and Tax Collector’s Office, the Office of Cannabis and other concerned parties to analyze cannabis business sales in San Francisco. The information would then be used to develop a new tax rate and structure plan to be presented to the Board of Supervisors for potential implementation in 2023.

The post San Francisco Suspends Cannabis Tax to Combat Illicit Market appeared first on High Times.

Silicon Valley Meets Humboldt County: Nabis Fills Supply Chain Gap

There’s a cannabis founder stereotype that’s bemoaned by the old-school legacy community: white boomer men with lucrative pasts in corporate finance and ample access to venture capital money, but scant connection to traditional cannabis culture. The creators of business-to-business cannabis distributor Nabis not only defy this stereotype, but they’ve also managed to build the largest wholesale marketplace and distribution network in California.

Nabis founders Jun S. Lee and Vince Ning are Korean Americans; Lee was born in Seoul, while Ning is a first-generation American born to Korean immigrants. The late-20s millennials and childhood friends were raised in Northern Virginia and can still reminisce about hiding their teenage pot consumption from parents, teachers and cops. They’re also academic and tech industry powerhouses: Ning earned his B.A. from the University of Virginia and worked as a software engineer at Microsoft, while Lee followed up his B.A. from Harvard with a systems architect position at Facebook.

Now they spend their time handling logistics, payment and warehousing for a portfolio of more than 100 brands in the world’s biggest cannabis market.

Nabis’ story is a testament to the exponential growth that’s possible when technological innovation collides with on-the-ground experience, carefully cultivated relationships and practical problem solving.

Recognizing Opportunity

Ning and Lee’s journey to establishing Nabis began in July of 2017 in a San Francisco bar. They were having drinks with a college friend who was running a pre-roll brand and struggling to transport product to dispensaries successfully. When he told Ning and Lee that distribution was his biggest pain point, their interest piqued. Moving several hundred thousand dollars’ worth of federally illegal plant material while collecting massive amounts of cash wasn’t part of their work experience. They decided to learn by doing: the next day, they called their friend and volunteered to make his deliveries.

“We were 23-years-old and had no capital,” Lee said. “We needed to understand the cannabis supply chain, and delivery driving seemed like the best way to do it. We never wanted to be the tech guys that came in to disrupt the space either – we wanted to respect the history and the culture that California cannabis had, and shipping was a humble way to join the industry, in a way that actually added value for those who came before us.”

They spent the next eight months behind the wheels of their own cars, delivering cannabis all over the Golden State. Because this was pre-adult use legalization, many transactions took place in various parking lots and fields, and all-night-long hauls from Humboldt County to San Diego became the norm. The duo credits that delivery driver stint as the foundation of their wildly successful business model.

“I wouldn’t trade that experience for anything,” Lee said.

By wading feet first into the choppy waters of cannabis distribution, Ning and Lee learned how to build their own boat. They developed contacts and established relationships. One client led to the next, and the next, and so on.

“For every order, there’s a network effect,” Lee said. “The fact that we put the time in to make deliveries and learn what those interactions were like made it much easier to train future employees and build software that can help automate that flow.”

Today, Nabis operates a fleet of 55 trucks, commands 46,000 square feet of warehouse space, and according to BDSA, distributes close to 10 percent of the legal cannabis sold in California. The rapidly growing tech company’s plans to scale continue. Since securing $5 million in Series A funding last fall, they’ve added several large brands to their portfolio and opened a new fulfillment center in Los Angeles, allowing them to increase weekly orders by 300 percent.

The secret to their success? Doing great work.

Delivering On Promises

Nabis takes pride in their lightning-fast shipping experience, which Ning compares to Amazon Prime, as all orders can be delivered within 36 hours of being placed. For retailers, Nabis simplifies ordering, delivery logistics and cash remittance, automating the massive amount of compliance paperwork required to ship cannabis. Operational excellence is paramount to their business philosophy.

“We execute on our promises of providing clients with service that is quick, responsible, professional, secure and on time,” Lee said. “Earning the trust of brands is all the marketing we need.”

Distribution may not be the sexiest topic in the cannabis space – but nailing it is a make-or-break for brands. The best products in the world will go nowhere if they can’t get product into dispensaries efficiently and cost-effectively. Ning and Lee see distribution as the connective tissue that links cultivators, manufacturers, retailers and end consumers. And whether cannabis buyers realize it or not, supply chain efficiency has a significant impact on the cost of the products they buy, as well as on the environment.

“By providing extensive support for our partner brands, our goal is that more consumers will be able discover cannabis products and develop the same passion for the plant that many of us have,” said Ning, co-founder and CEO of Nabis. “We hope to continue growing our platform outside of California to provide that infrastructure for the entire country.”

The cannabis supply chain is particularly complex, especially when extensive compliance and documentation are factored in. Self-distribution can be inefficient and costly, and Ning and Lee see their services as enabling cannabis operators to reserve their resources for what they do best.

“We take the distribution process off the plates of our clients, and free them up to tell their story and sell their product,” Lee said.

Nabis’ criterion for distributing a brand is simple. “If you are compliant and able to generate demand for your product, we will work with you, no matter how large or small your company is,” Lee said. “We strive to democratize access to shelf space, where the best products can compete to rise to the top.”

In addition to empowering brands, Nabis also aims to give consumers more choices. “It is Nabis’ goal to create a system in which cannabis consumers and patients have the power to choose which brands and products they want to support, and to make sure those products are available at licensed dispensaries,” Ning said.

As any cannabis business owner will attest, building a company without access to banking services is no easy task. That challenge is multiplied when the business in question is taking in millions of dollars in payments.

“Lack of a stable financial infrastructure is a challenge for all of us in this space,” Lee said. Although Nabis is now part of a pilot banking program with a publicly traded bank, 70 percent of the 10 million Nabis takes in monthly is in cash. The security necessary to safeguard both cash and product is yet another major expense. “We have five full-time employees counting cash forty hours a week.”

But once again, Nabis’ ability to design the labor system to process huge cash volume efficiently shows how they’ve surmounted the hurdles that doom so many nascent cannabis businesses. They’ve even launched a capital arm that offers competitive rates on short-term financing solutions for businesses in need of working capital to produce inventory and reinvest in production.

Investing In Community

Nabis is deeply committed to their local cannabis community. Both founders feel strongly about addressing the harms caused to marginalized communities by the drug war. Since day one, Nabis has been a social equity incubator in Oakland, providing financial and educational resources to equity partners. And while Lee frankly states that California’s equity program needs to do better and do more, Nabis is committed to providing financial and structural incentives to help Black-owned businesses succeed. For example, starting in 2019, they implemented a blanket 15 percent discount on all their distributed products made by equity and Black-owned businesses.

“While we pride ourselves on remaining neutral when it comes to the brands we represent, we feel the current moment requires a different response in the name of equity,” Lee said.

He also commented on what it’s like navigating the cannabis industry as an Asian American. “It’s actually been an exciting place for someone of AAPI heritage, as it’s an industry that’s being formed from scratch,” he said. “Because of that, we have the opportunity to create a workforce and supply chain that represents America today. While I am aware and concerned with the discrimination Asian Americans feel at large, I do think it’s encouraging to see important issues being discussed with such focus, especially this year.”

Lee and Ning both explained that Nabis’ mission of empowering the world to discover cannabis also communicates a desire to destigmatize the plant. “In Korean culture, cannabis is associated with things like crime or lack of productivity,” Lee said, further explaining that Nabis can play an important role in changing that outlook.

Ning encourages other aspiring business owners interested in cannabis to apply their own unique skills and expertise to this evolving industry. 

“Normalizing cannabis includes professionalizing the business of cannabis,” he said. “And in order to do that, we need more solution-driven entrepreneurs entering the space…The industry is far from perfect right now, and the problems we solve today will directly impact consumers of tomorrow.”

Originally published in issue 41 of Cannabis Now. LEARN MORE.

The post Silicon Valley Meets Humboldt County: Nabis Fills Supply Chain Gap appeared first on Cannabis Now.

San Francisco Strengthens Cannabis Social Equity Program

The San Francisco Board of Supervisors recently voted to approve a measure designed to strengthen the city’s cannabis social equity efforts. The legislation, which was proposed by San Francisco Mayor London N. Breed in April, builds on the city’s cannabis social equity program, which was launched in 2018 to lower barriers to cannabis licensing and provide employment opportunities for members of communities most impacted by the War on Drugs.

In a statement from the mayor’s office, Broad said that the new provisions of the social equity program approved by the board will help the city in its recovery from the economic crisis brought on by the coronavirus pandemic.

“As San Francisco works to recover from COVID-19, it’s important that we support small businesses, including our cannabis industry,” Breed said. “This legislation helps us make sure the program continues to achieve its goals and ensure that cannabis business owners are supported and have the resources they need to be successful in San Francisco.”

Measure Supports San Francisco’s Cannabis Social Equity Program

The measure, which was passed by a unanimous vote of the board on October 5, modifies the permit process for cannabis businesses and creates new priorities for the city’s Office of Cannabis to increase opportunities for prospective social equity applicants. The legislation also provides greater ownership flexibility for approved social equity businesses while preserving original commitments of the program, according to the mayor’s office.

“Thank you to Mayor Breed for strengthening social equity and creating more economic opportunities for those hurt by the War on Drugs,” Marisa Rodriguez, the director of the Office of Cannabis, said in a statement. “Mayor Breed’s legislation ensures that there will continue to be a legacy of equity in the city for years to come.”

The legislation adds new provisions to ensure that San Francisco’s cannabis industry supports communities that have suffered the brunt of the impact from the War on Drugs. Under the program, cannabis equity applicants who are sole proprietors will be prioritized during the permitting process. Owners of non-equity businesses that support cannabis equity applicants by offering shared manufacturing opportunities will also receive heightened priority by city regulators.

Additionally, the measure shortens the time period to transfer more than a 50 percent ownership stake in a cannabis equity business from the current 10 years to five years, giving equity owners more flexibility to take on new investors and grow their companies. The legislation also requires cannabis businesses to make additional social equity contributions if they wish to reduce an equity applicant’s ownership interest by 20 percent or more. Such commitments could include opportunities to provide hiring, training and mentorship, as well as other support to cannabis social equity businesses or local community organizations.

State Grants Support Social Equity Applicants

Since San Francisco launched its cannabis social equity program in 2018, 94 social equity applicants have applied for permits to operate cannabis businesses in the city. The Office of Cannabis has so far issued a total of 36 permits to social equity applicants, including temporary and permanent permits.

City cannabis regulators also administer grants funded by state programs for individuals that meet criteria based on residency, income, criminal justice involvement and housing insecurity. 

To date, San Francisco has received $6.3 million dollars in grants from the California Department of Cannabis Control and the Governor’s Office of Business and Economic Development, which can be used for business start-up and operating costs. City officials have so far awarded approximately $3 million in grants ranging from $50,000 to $100,00 each to 45 social equity applicants.

“I’m grateful to the city and the state for this opportunity,” said Ali Jamalian, founder and CEO of Kiffen LLC and a social equity permit holder. “Thank you to the Office of Cannabis for standing up this Pilot Program. The money is incredibly helpful and allows me to scale my business during a difficult time. I’m hopeful that all eligible equity applicants will take advantage of the opportunity.”

Cindy De La Vega, an equity permit holder and the CEO of STIIIZY Union Square, said that being the owner of the first Latina-owned cannabis dispensary “feels surreal.”

“My grand opening was October 9, 2020, during a very difficult time for all of us, and especially for areas like Union Square. I am grateful for the San Francisco Equity Program and proud to be permit number eleven. I look forward to using my opportunity to show others that the San Francisco Equity Program does work and should be the blueprint for others to bring to their cities.”

The post San Francisco Strengthens Cannabis Social Equity Program appeared first on High Times.

100,000 Cannabis Plants Seized In Historic San Francisco Bay Area Bust

Law enforcement officials in the San Francisco Bay Area seized more than 100,000 cannabis plants from more than a dozen unlicensed cultivation sites last week, taking down a “modern day bootlegging” operation in a series of raids that spanned two days. The massive bust carried out by the Alameda County Sheriff’s Office across the East Bay resulted in the confiscation of millions of dollars in cash and cannabis plants representing tens of millions in potential illicit marijuana sales, according to law enforcement estimates.

“This is an organization operating outside the law and the protocols of governance of marijuana in California, unsanctioned and making millions in profits,” said Ray Kelly, public information officer for the Alameda County Sheriff’s Office.

Kelly said that the illicit cultivation operations, which he described as “high tech” and “very sophisticated,” were “motivated by extreme profit and greed. It was a pure cash grab by the organizers of this enterprise.” Several suspects have been arrested during the raids, although officials have not released the names of those individuals taken into custody.

18-Month Investigation Led To Bay Area Raids

More than 100 sheriff’s office personnel and agents with the Alameda County Narcotics Task Force were involved in an 18-month investigation that culminated in last week’s raids, which saw search warrants served at 18 sites in East Oakland, Hayward, Castro Valley and San Leandro. The investigation was begun by narcotics detectives with the sheriff’s department after they received a tip about an illegal marijuana cultivation operation. The raids yielded about six tons of pot as well as Rolex watches and other jewelry.

“We’ve seized 12,000 pounds of processed, harvested marijuana product ready to go to sale,” Kelly said.

At one raided cultivation site in an Oakland warehouse, deputies seized as much as $10 million in cash along with evidence of a money-laundering operation. Kelly noted that the Bay Area cultivators could have avoided police action if it had been licensed by the state. 

“What’s crazy about this is had they applied for proper permits and fees and paid all their licenses and tax fees, we wouldn’t be here,” he said at a press conference at the Oakland warehouse on Thursday, where he displayed a bag he said contained $1 million in seized cash. “This is one of the largest grows we’ve ever seen in recent memory. It’s a massive operation.”

“These people are not doing that,” Kelly told Newsweek, referring to gaining the necessary permits to cultivate cannabis legally. “They’re operating similar to 1920s bootlegging operation. They’re very sophisticated, very organized. They’ve invested millions of dollars in their infrastructure. We estimate they have somewhere near half a million square feet of real estate grow space that they use.”

Kelly said that the operators of the illicit cannabis cultivation sites would purchase warehouses and other buildings, outfitting them with sophisticated growing equipment including computers and timers. The suspects would pay plumbers and electricians inder the table to install the equipment, and hired cultivators, trimmers, and transporters to produce and distribute the cannabis.

12 Truckloads of Pot Up In Smoke

The sheriff’s spokesperson said that 12 tractor-trailer loads of cannabis had been transported to a site in California’s Central Valley to be incinerated. He added that required taxes had not been paid on cannabis sales and that forensic accountants would be involved in the ongoing investigation. In a social media post on Wednesday, the sheriff’s office wrote that it would take several days to process the search warrant sites and haul away the contraband. 

“This organized and sophisticated network of individuals were making tens of millions of dollars in profit and avoiding California [marijuana regulations],” the sheriff’s office wrote on Facebook. “We estimate at this time that we have seized over 100,000 plants and upwards of $10,000,000 in cash. In addition, there are millions of dollars in infrastructure, equipment, lighting, generators and supplies used to facilitate the grows.”

Kelly said that at least seven people have been arrested in the operation so far, and more arrests could be forthcoming. In addition to offenses involving illegal marijuana cultivation and money laundering, detectives are investigating if any environmental laws have be broken by the operation.

“The environmental impact that these locations cause is concerning,” he said. “We’re talking about fertilizers, chemicals, chemicals known to cause cancer.”

Despite the arrests and seizures, Kelly said that the potential profits from illicit cannabis are so high he doubted the operation would serve as much of a deterrent.

“There is nothing to stop them from doing it again,” he said. “It’s such a lucrative business.”

The post 100,000 Cannabis Plants Seized In Historic San Francisco Bay Area Bust appeared first on High Times.

2nd Annual Cannabis Drinks Expo Leverages Beverage Industry

The Cannabis Drinks Expo is a unique opportunity to get in on the ground floor of one of the fastest-growing industries in the world.

For anyone curious about the future direction of the cannabis beverages industry in the United States, the place to be in 2021 will be the second annual Cannabis Drinks Expo hosted by the Beverage Trade Network. This event is taking place November 11, 2021 in San Francisco, and November 15 in Chicago.

This year’s Cannabis Drinks Expo is expected to be the largest global gathering of cannabis drinks professionals ever, bringing together drinks producers, manufacturers, dispensaries, cannabis distributors, brand owners, distilleries and brewers all in one place for a spectacular one-day expo in both San Francisco and Chicago.

The major theme of the Cannabis Drinks Expo will be on growing your business and growing your bottom line. So, if you’re a brand owner, or a distillery or brewery looking for an on-ramp to the very aggressively growing U.S. cannabis industry, this event will provide the perfect platform for growth.

If you are a cannabis distributor or a dispensary, you can expect to discover fast-growing cannabis beverage brands.

Opportunity Is Here. Are You In? 

“From hemp-based sports drinks to cocktails that get you high, science has finally cracked the code to making cannabis beverages that don’t taste awful,” said Jonathan Bloom from NBC Bay Area News.

The first Cannabis Drinks Expo took place July 25, 2019, and was a huge success that gave the worldwide drinks industry — and North America, in particular — the chance to come together and look at ways it can address legalized cannabis. 

Hosted by the Beverage Trade Network, this expo shined a spotlight on the skyrocketing legal cannabis market and provided insight into a future brimming with opportunity. A must-attend event for those curiously eying the future of the burgeoning U.S. cannabis industry, it also covered key issues surrounding the likelihood and timescale for legalization in other countries, as well as the impact of legalized cannabis on the traditional alcoholic and non-alcoholic drinks markets. Read on for more info about the 2021 show and how to get your tickets.

When and Where

Visitor registration is now open. Get your passes now and save with early bird tickets before pricing goes up on Sept. 1. Learn all about the cannabis drinks industry and source fast-growing brands. Note that these are trade-only events, meaning cannabis consumption and samples are prohibited. 

San Francisco: November 11, 2021 at the South San Francisco Conference Center. San Francisco tickets available here.

Chicago: November 15, 2021 at the Midwest Conference Centre. Chicago tickets available here.

The post 2nd Annual Cannabis Drinks Expo Leverages Beverage Industry appeared first on Cannabis Now.

Friday, April 3, 2020 Headlines | Marijuana Today Daily News

Marijuana Today Daily Headlines
Friday, April 3, 2020 | Curated by host Shea Gunther

// Eleven Senators Push To Let Marijuana Businesses Access Federal Loan Programs (Marijuana Moment)

// Weed Prices in France Nearly Double as Supplies Dry Up Due to COVID-19 (Merry Jane)

// Illinois Stores Sold Nearly $36 Million Worth Of Recreational Marijuana In March Despite Coronavirus (Marijuana Moment)


These headlines are brought to you by Curaleaf, one of the leading vertically-integrated cannabis operators in the U.S. With legal medical marijuana dispensaries, cultivation sites, and processing facilities all over the United States, Curaleaf has served more than 165,000 medical cannabis patients and looks forward to helping many more long into the future. Swing over to Curaleaf.com to learn more about this very cool company!


// Canada classifies medical cannabis ‘essential’ amid COVID-19 pandemic (Marijuana Business Daily)

// Canada’s COVID-19 wage subsidies could keep cannabis workers on payroll (Marijuana Business Daily)

// Idaho Activists Suspend Campaign To Legalize Medical Marijuana Due To Coronavirus (Marijuana Moment)

// Cops Are Still Busting Weed Grows in the Middle of the Coronavirus Pandemic (Merry Jane)

// The 2020 Hash Bash will be livestreamed due to the coronavirus (Detroit Metro Times)

// Coronavirus Pandemic Cancels Annual ‘420 Hippie Hill’ Cannabis Celebration In San Francisco (KPIX 5 CBS SF BayArea)

// When will your state’s COVID-19 cases peak? Check this chart (Leafly)


Check out our other projects:Marijuana Today— Our flagship title, a weekly podcast examining the world of marijuana business and activism with some of the smartest people in the industry and movement. • Marijuana Media Connect— A service that connects industry insiders in the legal marijuana industry with journalists, bloggers, and writers in need of expert sources for their stories.

Love these headlines? Love our podcast? Support our work with a financial contribution and become a patron.

Photo: Geoff Livingston/Flickr

Wednesday, April 22, 2020 Headlines | Marijuana Today Daily News

Marijuana Today Daily Headlines
Wednesday, April 22, 2020 | Curated by host Shea Gunther

// San Francisco Successfully Stopped Thousands From Attending Its 4/20 Smoke Out (Merry Jane)

// California Announces $30 Million Grant Program To Promote Marijuana Industry Social Equity (Marijuana Moment)

// Canada’s pre-pandemic recreational cannabis sales stagnate in February (Marijuana Business Daily)


These headlines are brought to you by Curaleaf, one of the leading vertically-integrated cannabis operators in the U.S. With legal medical marijuana dispensaries, cultivation sites, and processing facilities all over the United States, Curaleaf has served more than 165,000 medical cannabis patients and looks forward to helping many more long into the future. Swing over to Curaleaf.com to learn more about this very cool company!


// Michigan’s marijuana businesses weathering COVID-19 economic storm (Michigan Public Radio)

// Chart: Illinois harvested 73% of crops planted in 2019, according to first-year hemp production totals (Hemp Industry Daily)

// Supply issues still hinder Uruguay recreational cannabis market growth (Marijuana Business Daily)

// Nike Delays ‘Strawberry Cough’ 4/20 Dunk Release Over COVID-19 Concerns (Merry Jane)

// Washington Voters Could See Drug Decriminalization And Treatment Initiative On November Ballot (Marijuana Moment)

// Medicine Man Changes Name To Schwazze, Ticker To SHWZ (Green Market Report)

// The Cannabis Company Structure Hall of Shame (with Pictures) (Canna Law Blog)


Check out our other projects:Marijuana Today— Our flagship title, a weekly podcast examining the world of marijuana business and activism with some of the smartest people in the industry and movement. • Marijuana Media Connect— A service that connects industry insiders in the legal marijuana industry with journalists, bloggers, and writers in need of expert sources for their stories.

Love these headlines? Love our podcast? Support our work with a financial contribution and become a patron.

Photo: Austin Kirk/Flickr