SOCIAL

Connect with WeedWeek on Twitter, Facebook, Instagram and LinkedIn!

Check out our Twitter lists of cannabis businesses and journalists. Think you should be included? Let us know: hello@weedweek.net

1

Giuliani Cronies Pursued 
Nevada License 

Getty Images

Deep inside a 21-page federal indictment of historic national political significance is the germ of a state pot story: A pair of Soviet-born businessmen working on behalf of the President’s lawyer had been trying to obtain a Nevada license. 
Las Vegas Review Journal

  • According to Thursday's indictment, the scheme began in June of last year. Igor Froman (above) Lev Parnas and two other men “made plans to form a recreational marijuana business that would be funded by Foreign National-1’ and required gaining access to retail marijuana licenses in particular states including Las Vegas.”
  • Froman made the maximum contribution allowed ($10,000) to Republican office seekers Adam Laxalt and Wesley Duncan last year. The two men, who live in Florida, attended a rally last year as well. Law enforcement considers the attempt to buy into cannabis part of a broader campaign finance scheme. Spokesmen for Laxalt and Duncan deny knowledge of Parnas and Froman.
  • Trump attorney John Dowd hung up on the Review Journal reporter asking for comment.

Quick Hit

  1. Today the Paiute tribe opens Nevada’s first tasting lounge. It’s arguable that no racial minority in legal cannabis is doing better in the biz than this tribe in Nevada.
    Green Entreprenuer

2

MedMen Stock Fail Kills Pharma-Cann Deal

Getty Images

Poor performance by pot stocks led to the scuttling of MedMen’s plan to purchase Illinois-based PharmaCann. The surprise announcement came only a month after the Department of Justice granted Culver City-based MedMen antitrust approval for the deal. 
Bloomberg

  • When this all-stock deal as announced at this time last year, MedMen was trading at $4.45 a share. By Tuesday it had dropped 65 percent, to $1.52 per share.
  • MedMen will step up its focus on California: 30 new stores are set to open by the end of 2020.

Advertise with us

Reach the highest minds in the cannabis industry

Interested in advertising in the WeedWeek newsletter, website, or podcast? Reach out to our advertising team so we can help you spark up a campaign.

A note from the editor

Since 2015, WeedWeek has been the best way to keep up with the Green Rush. WeedWeek's audience includes many of the most influential figures in cannabis because we are editorially independent: Advertisers have no influence on our editorial content.

We publish three free newsletters: 1) WeedWeek by founder Alex Halperin, 2) WeedWeek California by Donnell Alexander and 3)WeedWeek Canada by Jesse Staniforth, as well as theWeedWeek Podcast and original reporting. The original WeedWeek newsletter has 11,000 subscribers.

Tips, comments and complaints about this newsletter to Donnell donny@weedweek.net.

To advertise contact john@weedweek.net and ellen@weedweek.net.

3

Saving Mary Jane

Omni Security Transportation has dozens of combat-tested soldiers as employees, and their seriously armed. These vets protect cannabis cash from SoCal to Humboldt County.
LA Magazine

  • “We hire guys who have actually been shot at and shot back in anger,” brags co-owner Chris Cronin
  • Because of the banking issue, business owners and associates often must move hundreds of thousands dollars around their communities to pay bills and taxes. Some of the more established companies are hiring security companies to escort their money around the legal weed circuit. 
  • Omni is expected to escort and transport more than $100M in cannabis cash and product this year.

Quick Hit 

  • With parental permission, children may now have MED on California campuses. “Jojo’s Act,” named for a South San Francisco student who has severe epilepsy, goes into effect on Jan. 1. San
    Luis Obispo Tribune

4

S.D. Set to Combine
MED and REC Dispensaries

Getty Images

Aiming to strike a blow at the illicit market, four of San Diego County’s municpalities have voted to allow permit REC and MED to be sold under one roof. 
San Diego Tribune

  • La Mesa updated its ordinance on Tuesday, voting unanimously to change the law as a means of putting financial pressure on traditional market businessmen. San Diego has shut down more than two dozen illegal shops in the past four years. 
  • Said City Councilman Bill Baber, “We’re trying to basically change the customer base, for those who are used to buying illegally. Now they can buy what they need at safe, regulated, taxed legal dispensaries.”

Thank you to our Patreon supporters!

Brad Bogus
VP Growth and Marketing, Confident Cannabis Confident Cannabis is creating transparency in the cannabis industry.

Pamela Hadfield
Co-founder, HelloMD
HelloMD: The largest online community of health and wellness cannabis consumers. HelloMD on Instagram and Facebook

Spencer Vodnoy
CEO, Critical Mind Inc., Adelanto CA Affiliations: CA State Bar; Board member, Adelanto Growers Association
Critical Mind, Inc. is a Medical Cannabis Cultivation and Manufacturing Facility located in Adelanto, CA. Providing the highest quality Cannabis products. Compliance without Compromise! criticalmindinc.com

Click here to promote your brand on WeedWeek for only $100/month.

5

Come November, Mexican Prohibition's Canceled

By October’s end, Mexico is expected to legalize cannabis, according to Ricardo Monreal, Morena Party Senate leader.
Green Entrepreneur

  • Earlier this month, party chairman Mario Delgado Carillo filed legislation to legalize and regulate cannabis, suggesting the government should run the market to avoid industry monopolization by big companies.

6

Credit Sick Son for 
New Hospice Law

Getty Images

End of life hospice in California is about to change on Jan 1, and one father’s love of his dying son was the start of this landmark improvement in how we die. Once signed, “Ryan’s Law” will allow terminally ill patients to use medical cannabis in hospitals.
Leafly

  • Seattle, California’s Jim Bartell lost his son Ryan to cancer in the spring of last yesterday. He used the next the months to draft a bill that he took to Senator Ben Hueso. 
  • On September 11th the Legislature approved unanimously Senate Bill No. 305, titled “Ryan’s Law.” Governor Newsom is expected to sign the bill this fall. 

Quick Hit

7

Weed vs. Wine in Napa

Tensions between some Wine Country cannabis farmers and traditional wine growers seem to be simmering. Vintners might complain about the smell of weed, but it's difficult to not lose sight of the underlying cause: Money.
CNBC

  • A recent study estimates that the value of area wine business is $120 million while the newly-legal cannabis grows are already worth $180 million.
  • Beyond potential earnings envy may lie old-school anti-canabis bias. “We have 80 years of stigma that we need to work against to normalize this industry as another crop," said John De Friel with Raw Garden Cannabis

8

Was the Weed Flick
Reborn in the '90s?

Getty Images

Cannabis has always had it tough in Hollywood. Even today at least one major studio has a policy against producing films with significant drug content.

But perhaps some readers remember the 1980s. When pot showed up in a major theatrical release during the Just Say No era, there was a better than average chance that the toker in question would be in some way punished for indulging.

Then came the nineties. They didn’t make the eighties look like the sixties as a self-deprecating Dennis Hopper character predicted in a 1990 flick but they turned the cinematic tide.
Weedmaps

  • Dazed and Confused baptized the decade with bud that was most likely from Mexico and Half-Baked helped close out the nineties with some New York -ish. (Probably from here! ) Curtis Hansen’s remarkable The Wonder Boys is among the titles missing from this list.

Are you over 21?

Since 2015, WeedWeek has been the best way to keep up with the Green Rush. Subscribe to our free newsletters today!

Choose one or more editions to receive
Thanks for signing up! You'll receive our next issue in your inbox.
There was a problem signing you up. Our team has been notified and will get this fixed. So sorry!