In his first interview since announcing his candidacy for President, Sen. Cory Booker (D-N.J.) called for full legalization. "This is a cancer on the soul of our country," he said. "Too many of our children are being shuttled into cages."
Elsewhere in D.C....
65. A Very Canadian Pot Scandal with Jesse Staniforth
Jesse Staniforth, Editor of WeedWeek Canada, updates Alex and Donnell on breaking Canadian stories. There is no lack of scandal: Cannabis giant Canopy Growth fired founder and CEO Bruce Linton and CannTrust, a major licensed producer, is estimated to lose C$350 Million for ignoring the law. New regulations limiting THC in edibles exacerbate the over-packaging crisis. The country continues to battle the illicit market which is now also available online and is known by the cool name "MOMS" (mail order marijuana sites). Plus, Alex and Donnell discuss Jay-Z's partnership with Caliva.
Wall Street faces hurdles big and small as it tries to join the green rush. CNBC reports both Goldman Sachs and Bank of America Merrill Lynch have analysts researching the industry, though neither has officially initiated coverage.
More than two years after it legalized REC, the illicit market still accounts for 75% of cannabis sales in Massachusetts, the Boston Globe reports. In California it's 80%.
With the Arizona Supreme Court soon to hear the case, an Arizona prosecutor reiterated the argument that extracts do not qualify as MED.
Authorities in New York City and Ohio are cracking down on CBD. And a 9-ton hemp shipment stopped in Oklahoma suggests the compound's legal status will sow confusion for some time to come.
Eater, Cincinnati.com, Tulsa World
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Following a two-year legal process and a four-, a jury found Steve Berke, co-founder of Denver's International Church of Cannabis, guilty of public consumption and violating the Colorado Clean Indoor Air Act. He was ordered to pay $50.