Marijuana Moment dives into Michael Bloomberg's record on marijuana. The Democratic presidential candidate, former New York City Mayor and media magnate "has a long history of speaking out against marijuana law reform, and [a] record on discriminatory policing tactics."
Anti-legalization activist Kevin Sabet claimed that he has spoken with the "majority of presidential candidates" and most oppose legalization despite what they say on the trail.
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The Food and Drug Administration updated its stance on CBD to warn that the compound may harm users.
Even so the market seems to be racing toward Peak CBD. A Slate writer binged on CBD products for two weeks.
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With many pot stocks trading at or near 52 week lows, some Wall Street traders expect them to fall further. According to a report from analytics firm S3 Partners, short sellers have added $1.4 Billion in short positions on cannabis stocks this year.
MJBiz looks at efforts to reinvigorate vape cart sales following the VAPI crisis.
California Attorney General Xavier Becerra (D) filed to join a lawsuit against Santa Cruz County which has banned deliveries by companies it has not licensed. It comes as a number of cities have sued the state for allowing delivery services to operate in areas where they are not licensed to do so.
Also in California:
An aide to LA City Councilman Jose Huizar has filed a claim against the city for $10M claiming Huizar retaliated after the aide told the feds he thought his boss was trying to extort money or bribes from cannabis companies. Huizar called the allegations "absolutely false," and said the aide had tried to secure a cannabis license while advising on the issue, a potential ethics violation.
California regulators sent hundreds of warning letters, to landlords of unlicensed pot businesses.
US Authorities rejected rapper and cannabis entrepreneur Drake's attempt to trademark a Canadian warning label for cannabis products.
Canna Law Blog explains why it matters.
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UPS workers allegedly used the logistics giant's system to traffick huge amounts of drugs and vaping oils across the US/Mexico border.
"Stoned Agin!" a work by famed underground comic artist R.Crumb sold for $690,000 at an auction in Dallas. The work, originally intended had disappeared for about 40 years but apparently was in the private collection of the consigner.
Also: Greenland Holdings announced a line of bongs inspired by the late muralist Keith Haring.
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