The ride that's legal weed is still throwing all for loops. Last weekend, serious people were fretting about the stock market doldrums.
Days later, the MORE Act easily passed out of its U.S. House committee and investors were singing "Happy Days Are Here Again," only cautiously and to themselves.
Stock market performance only tells the surface narrative of cannabis. Legal weed's new spate of unemployment and disfunction is the backdrop against which the legalization's latest act took shape.
East Bay Express/LA Times
If there's a single aspect of the chaos presently all about us in the great state of California, it might be the fact that all of those licenses suspended last month are going unused. Meanwhile, many operators would all but die for one.
MJ Business Daily
Congressman Ted Lieu has been a vocal pro-legalization voice since 2015. His co-sponsorship of the advancing MORE Act — as well as the SAFE Banking Act — makes him one of the day's salient anti-prohibition voices.
Here Lieu shares his positions on the three bills gaining steam on Capitol Hill.
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At last Saturday's State of Cannabis, State Treasurer Fiona Ma wondered aloud about who in the state oversees the funds to be dispersed in support of local social equity programs. Congresswoman Barbara Lee didn't seem to know either. No one in a room chockful of weed cognescenti seemed ignorant as well. That was weird.
For what it's worth, there's going to be an audit of the Los Angeles social equity program.
Cannabis Business Times
The Institutes of National Health has granted $3.5M to Riva Cooper, the brilliant director of UCLA's Cannabis Research Inititive. The grant will und study of MED's effect on pain.
Unlike nearly every institute of higher learning, Westwood is in a righteous way where the amount of serious academic study it devotes to the plant is concerned.
The traditional market is strong and the politics run deep red in and around this Merced County town. So, how does a municipality respond when its moderately-underperforming first REC storefront asks for a new contract?
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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The vast majority of cannabis consumers don't know the industry beyond their dispensary's show room. That makes what a business looks like beyond that room's door legitimate news. As many perfectly tasteful rap fans clearly bought To the Extreme as their first album, many future cannabis people will be introduced through local TV segments.
A San Diego TV reporter offers his take on an operation in downtown Los Angeles.
NBC San Diego
On Monday, The Beckley Foundation, Oxford, England's psychedelic study institute, jumped into California's psilocybin decriminalization movement.
KIVA Confections' infused gravy. comes in a single serving pouch, containing 10 milligrams of THC.
Matt Barnes, the talkative and funny former NBA forward, told a celebrity-laden story about Don Nelson that made its way into a Tweet by ESPN's Arash Markazi.
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