Virtually everyone expects massive industry growth in coming years. But layoffs at prominent companies, difficult business conditions and sagging stock prices all point to a rough patch for the industry.
A few players appear to be thriving:
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The vape crisis -- or at least the first wave thereof -- seems to be largely under control. But it's likely to have long term reverberations in the cannabis industry, and beyond.
Several months ago Amanda Chicago Lewis expressed her skepticism about drinkable cannabis.
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The U.S. Department of Agriculture released long awaited rules governing industrial hemp.
American Farm Bureau Federation
Employees of Chicago-based MSO Green Thumb Industries (GTI) have formed a union in response to what they call unfair labor practices, "including unlawful intimidation, harassment and retaliation" at a facility in Rock Island, Ill.
GTI Employee Kyle Meyer:
“For months, my coworkers and I listened to complaining from managers, supervisors and coworkers about losing benefits, having promised raises unfulfilled and a general lack of organization, and that’s when we decided to form a union.”
“We ran a clean campaign and we did everything that we were supposed to. We had majority status and we asked for recognition from GTI on Oct. 10, but GTI refused to even get back to us, despite having multiple notices sent to them.”
German Chancellor Angela Merkel's ruling, center-right Christian Democratic Union is contemplating REC legalization.
In a review of more than 80 studies, researchers found little evidence of cannabis as an effective treatment for mental health disorders including "depressive disorders and symptoms, anxiety disorders, attention deficit hyperactivity disorder, Tourette syndrome, PTSD or psychosis."
A study found women self-report the benefits of cannabis for endometriosis.
The Wall Street Journal reports L.A. real estate agents are hosting elaborate cannabis dinner parties as a gimmick to sell mansions.
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