Welcome to the new WeedWeek!
When I started writing WeedWeek in 2015, sales were about to begin in Oregon, the third REC state, and it was possible to pack all of the week’s developments into a single email. This redesign and expansion reflects that as the cannabis industry grows in wealth, reach and influence, a single email is no longer sufficient.
Not that we want to overwhelm you. Whether you’re a cannabis executive or a curious on-looker, WeedWeek aims to be the essential publication for following the green rush. And we want to keep you up to date without wasting your time.
In addition to Jesse Staniforth’s WeedWeek Canada, today we’re launching WeedWeek California, by Donnell Alexander. Throughout the week, Donnell, Jesse and I will be posting original reporting and analysis on a gorgeous new WeedWeek site, which we’ll unveil within days.
WeedWeek advertisers will never have any influence on WeedWeek’s editorial content, but we’re proud to offer them some of the most attractive native advertising and other promotional opportunities in cannabis media. Plus, there will be swag, events, and lots more. To learn more write to email@example.com
The green rush is a captivating story, touching on the great themes of the human experience. We’ll be watching with arched eyebrows, goofy grins and sometimes both at once.
- Alex Halperin
PS If you’ll be at MJBiz Con in Las Vegas this week, we hope you’ll help us celebrate our expansion with a party produced by Arcane Revelry. Sign up for the guest list here.
Legalization had a good election day, winning three of the four state ballot initiatives. Results in these and other races demonstrated bipartisan support for state-level cannabis reform.
“I just don’t think [cannabis is] going to be one of the criteria,” for replacing Sessions, retiring Congressman Tom Garrett (R) said. "If we were working on a priority list that would be a mile down."
Deputy US AG Rod Rosenstein named Billy J. Williams, US attorney for Oregon and a tough critic of the state’s troubled industry, chair of a federal marijuana working group. (ABC- local , KTVZ - Oregon)
"There is one thing everyone agrees on: a broad need for stronger regulation,” US Attorney for Oregon Billy J.Williams
48. Weed on Wall Street with Business Insider's Jeremy Berke
New York-based reporter Jeremy Berke joins Alex and Donnell to discuss how Wall Street banks are wading into the green rush. Plus, a few words on data firm Headset’s partnership with mainstream data juggernaut Nielsen and the accounting giant Deloitte.
Business Insider says the "backdoor" strategy of going public via reverse merger in Canada is accelerating industry consolidation.
Canada Needs More Weed
So far, legalization in Canada has been plagued by supply shortages, reportedly sending consumers back to the illegal market. (NY Times)
A Colorado study found cannabis use can have potentially fatal complications for people with type I diabetes (Reuters).
In the Guardian, I wrote about efforts to expunge past convictions:
As with virtually all drug-related law enforcement, African Americans have been disproportionately punished. In Colorado, for example, arrests of black and Latino youths jumped after legalization. The cruel irony is that at the same time, state-legal and overwhelmingly white-owned businesses now grow and sell marijuana openly on an industrial scale. “My life is destroyed while those white boys get to send their kids to college,” Lanier said.
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