WeedWeek edition / January 15, 2021
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1 MED IN TEXAS: AN UPHILL BATTLE

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Everything’s big in Texas, except the cannabis market. 

While industry operators salivate at the prospect of finding a foothold in the country’s second most populous state, there are many reasons why the Lone Star state could be a tough business climate for years to come. 
WeedWeek

At present, Texas probably has the country’s most restrictive MED program.

Read all about it.

Related: Virginia released plans to legalize REC. It would be the first state in the former confederacy to do so.
Times-Dispatch

Quick Hit

  1. The National Cannabis Industry Association condemned "Some GOP lawmakers' attempts to undermine American democracy."

2 IS MOLSON COORS’ CBD DRINK A THC “STEPPING STONE”?

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Courtesy of Truss CBD USA

Beer giant Molson Coors is launching a line of CBD-infused beverages in Colorado, making it the highest-profile company I'm aware of to enter the U.S. CBD market. This week’s announcement came days after Democrats won control of the U.S. Senate in the Georgia runoff elections, creating a business climate observers widely believe will be friendlier to cannabis.
WeedWeek

  • The brand, Verywell, is launching under Truss CBD USA, a joint venture between Molson Coors and Canadian cannabis company Hexo. The sparkling beverage contains 20 mg of CBD, zero calories and will be available in three flavors.
  • Rick Batenburg III, Chief Investment Officer of Colorado-based venture capital firm Cliintel Capital, sees the Verywell launch as primarily a “stepping stone” for Molson Coors to enter the U.S. THC market.

Here's why.

In other CBD news: 

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4 IN THE NEWS — 1/16/21

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Here's what I'm reading:

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