Within the bubble of weed, our $12 Billion industry — more than two-thirds of which is not state sanctioned — the market's struggles inevitably feel like one of California’s major concerns. Sacramento, however, has a different perspective.
Gov. Gavin Newsom (D) (and the Assembly and the Senate) would generally love for the whole cannabis thing to work out. But if you think cultivating the cannabis industry matters more than, say, California’s Rainy Day Fund, you need to get out more.
Sacramento politicians may not give enough of a damn about this impressionable child of an industry to cut taxes and bring traditional-market operators into the legal market. But the broader world that’s set to go legal sure does.
And the world would like California to get its shit together.
MJ Biz Daily/CNN Business
Can you harken back to the olden times — what, three years? — when pot people did not especially enjoy the police. (Take a sec, it’s profoundly hard to recall, and WeedWeek takes no responsibility for readers hurting their brains.)
Got it? Well, you best act like the antipathy is over and banished to memory, as the state keeps coming up with new ways to tamp down the so-called free market. Stanislaus County law enforcement is fining growers $1,000 a day for every plant above the six allowed for indoor cultivation.
The most surprising crackdowns might be arriving through the mail.
Ukranian businessman Andrey Kukushkin was on his way to dominating Sacramento weed before his indictment last month for being part of an infamous campaign-finance conspiracy. The revelations surrounding Kukushkin’s ascent to the top of Sactown weed were alarming enough that the city has begun to consider installing someone outside of its Office of Cannabis Management to oversee the cannabis managers.
Capital Public Radio
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Los Angeles entrepreneur Karim Webb comes from black business royalty, has terrific political connections, and the right words on economic justice. That almost explains why his 4thMVMT cannabis equity applicants have landed a disproportionate amount of licenses this year.
But it doesn’t explain why Webb’s 4thMVMNT entrepreneurs are alleged to not be working out in their new cannabis placements. According to Donnie Anderson — a California Minority Alliance founder — none of the dozens of 4thMVMNT applicants the CMA has worked with has worked out.
Los Angeles Times
The effort to back local politicians who support local access to legal weed markets has a nascent political action committee in its corner. Californians For Sensible Regulation of Adult Use (CSRAU) is “a nonpartisan PAC representing cannabis consumers and stakeholders supporting the regulated cannabis industry in California.”
Californians for Sensible Regulation
of Adult Use
Salinas-based East of Eden Cannabis Co. is suing Santa Cruz County, which has banned deliveries by companies it has not licensed. East of Eden now has a powerful ally: The State of California.
Los Angeles Times
Akerna’s initial public offering and multiple recent dispensary acquisitions have involved rebranding that de-emphasizes someone’s idea of a stoner. Many marketers new to the space are pushing a kind of greenwash to win over noobs.
MJ Biz Journal
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
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Is it absurd to see cannabis as a religious sacrament? Does selling prerolls in your “holy” spot discredit your worship? Expect such questions of your budding cannabis church when the institutional press comes to town.
New York Times
A “magnifying glass into the current state of California cannabis,” next week’s Emerald Cup in Sonoma County cannot help but reveal the sickest trends in bud.
Steve DeAngelo and Cheryl Shuman received lifetime achievement recognition from the California Cannabis Awards awards. Many other winners simply sounded eligible for one. (Has Tommy Chong received enough trophies, honors and accolades to even give a shit about them in 2019?)
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