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.
The state Bureau of Cannabis Control (BCC) issued its first 12 annual retail licenses. In California’s regulatory maelstrom, the arrival of annual licenses is arguably the milestone cannabis business owners wanted most.
Planet 13 in Las Vegas is to your neighborhood dispensary as is the Oakland Coliseum is to your local hardtop playground. The world's largest dispensary, a 112,000 square-foot megastore opened on November 1. (CNBC)
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.
Cannabis won ballot initiatives in smaller cities including towns which previously prohibited cannabis businesses.
In San Bernardino County, nine of 10 voting municipalities decided to allow and/or tax REC businesses. (Press-Enterprise) The near-sweep in conservative Southern California suggested the end is neigh for even the most deeply-rooted marijuana opposition here.
In other formerly resistant counties:
In Orange County, Democrat Harley Rouda narrowly defeated Republican Congressman Dana Rohrabacher.
Lieutenant Governor Gavin Newsom (D), the institutional face of Prop. 64, is now governor-elect:
“The war on marijuana has failed," Gov.-elect Newsom previously wrote to President Trump. "It did not, and will not, keep marijuana out of kids’ hands.”
Newsom was one of 21 pro-pot gubernatorial candidates running on Tuesday, the most in history.
The industry celebrated the departure of pot-hating Attorney General Jeff Sessions.
Prepare to be sandwiched by by legal weed nations. Mexico is readying itself to legalize REC. (Guardian)
The latest celebrity to join the green rush is cinema great Francis Ford Coppola, who has been more celebrated for his wineries than his movies in recent decades.
Coppola told Forbes:
If you have some spare time and a main job with a liberal vaping policy, Heavy Hitters has a gig for you: It’s called The Originals Ambassadors Program.