WeedWeek edition / January 12, 2021
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1 STATUS UPDATE: NEW JERSEY AND NEW YORK

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After New Jersey voted to legalize REC on election day, Gov. Phil Murphy refused to sign a REC bill on grounds that it didn't include fines for underage users. Several observers suggested to me that it's a bizarre rationale.

REC in New Jersey is widely expected to set off a "domino effect" across the northeast, but it could easily be a year or more before the state's first legal sale. I spoke to two attorneys -- Vicente Sederberg's Jennifer Cabrera and Hoban's Steve Schain -- about what to watch for in the Garden State and across the Hudson River in New York.

Here's a status update for legalization in two big states likely to set the tone in the northeast.
WeedWeek

Plus: PR star Rosie Mattio says the east coast could determine the future of cannabis branding.
Rolling Stone

Quick Hit

  1. This week several companies and industries said they would withhold campaign contributions from members of Congress who objected to certifying President-elect Joe Biden's victory. I reached out to the National Cannabis Industry Association to see if they've established a policy or recommendations for the industry. No word yet, but I'll keep you posted.
    Bloomberg

2 THE “SPOCK OF CANNABIS” IS A SUPER INTERESTING GUY

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Mechanical engineer Darwin Millard, sometimes known as the "Spock of Cannabis," works with clients to improve their extraction and manufacturing methods. He also chairs the National Cannabis Industry Association's manufacturing committee.

We had really interesting conversation about why cannabis needs to adopt uniform technical standards in areas like testing and product remediation.
WeedWeek

Even within the industry, few people think about these arcane issues, but they matter in a big way.

  • For example, everyone involved in the U.S. hemp industry depends on producing a crop that contains less than 0.3% THC. But there's no internationally recognized testing method to determine if hemp is "hot." So, whether a farmer has to throw out her crop or not can depend on which test she uses.

Believe it or not, standards or the lack thereof, go a long way to determine everything from the industry's environmental impact to how diverse it is. They may affect your business too.

Read the whole interview.

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4 IN THE NEWS — 1/13/21

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Big stories this week:

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