WeedWeek
Politics
   
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Zack Spear

Oregon to Weigh Interstate Commerce

A proposal likely to go before Oregon lawmakers this year would allow interstate trade in cases where the Governor has made a pact with the governor of the receiving state. The glutted Oregon market has been difficult for businesses to navigate, and led to leakage onto the illegal market.
Statesman Journal

  • Oregon is renowned for producing some of the country's best weed, but last year its farmers grew *seven times as much* as Oregonians could smoke.
    Willamette Week

REC Gains Mo in Big States

Under Illinois Gov. J.B. Pritzker, REC legalization is moving forward, despite opposition from law enforcement.
AP

Quick Hits

  1. A year after then-Attorney General Jeff Sessions rescinded the Cole Memo, it looks like he may have accelerated legalization.
    Marijuana Moment
  2. New York City Mayor Bill de Blasio (D) wants to avoid a corporate cannabis industry. Unions say they won't be left out.
    WCBS radio, N.Y.Post
  3. The Denver Post wrapped up its series on where the weed money goes with a look at the multi-purpose Marijuana Cash Tax Fund, which received half of Colorado's annual $251M in tax revenue.
  4. The first cannabis bill has been filed in the House of Representatives, now under Democratic leadership.
    Marijuana Moment
  5. Kentucky Gov. Matt Bevin says legalizing REC won't solve the state's pension crisis.
    CBS-Local
  6. The Dallas Morning News looks at what cannabis bills have a shot in Texas this year.
  7. After long delays, Ohio MED sales could begin within weeks.
    Ohio Watchdog
  8. There's a push to legalize psychedelic mushrooms in Oregon.
    Jefferson Public Radio
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New Podcast Episode

WeedWeek Podcast
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.

Subscribe on iTunes, Stitcher, or SoundCloud

Business
   
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Betting on Cannabis

A paper in Gaming Law Review, looks at the impact of legalization on Nevada law. While the focus is primarily on how casinos can protect themselves against legal liability, it hints at ways legalization is changing the pace of Vegas. Alas, nothing yet on how REC affects gambling revenue.

  • Bottom Line: "The fact that federal law still prohibits marijuana means that Nevada regulators will not allow it in Nevada casino resorts anytime soon."

Geo-Tag Marks the Spot

One way to get around Canada's very strict restrictions on cannabis advertising is with geo-tagged cell phone ads. The basic idea is ID'd in a dispensary, it belongs to a person of buying age and can therefore receive ads. The Globe and Mail story is paywalled, but Jesse Staniforth breaks it down at 🍁WeedWeek Canada.

  • The company AdLoop is a provider.

Quick Hits

  1. At S.F. Weekly, Zack Ruskin looks at what the recent spate of mega-deals means for the industry.
  2. Axios says 2019 could be a big year for sin industries like sports betting, and, much more so, cannabis.
  1. Businesses have some complaints about Canada's new edibles rules. 🍁Jesse Staniforth has lots more at WeedWeek Canada!
    Times Colonis
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  2. Canadian cannabis IPOs raised more than C$490M last year.
    Investing News
Health and Science
   

A New Anti-Pot Voice

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Alex Berenson, a former N.Y.Times reporter and author of the forthcoming book, "Tell Your Children: The Truth About Marijuana, Mental Illness and Violence" has a big N.Y.Times Op-Ed criticizing the rush to legalize.

  • He writes, "Legalization advocates have squelched discussion of the serious mental health risks of marijuana... Anyone who raises those concerns may be mocked as a modern-day believer in “Reefer Madness.”
  • Berenson's piece's primary focus is the possible link between cannabis use and schizophrenia. Citing a 2017 report from the National Academy of Medicine “Cannabis use is likely to increase the risk of schizophrenia and other psychoses; the higher the use, the greater the risk.”
  • Berenson says he's not a prohibitionist, "I don't believe we should jail people for possessing marijuana."

Quick Hits

  1. Research in rats suggests cannabis use during pregnancy can affect fetal brain development. “Prenatal exposure to cannabis may cause meaningful changes in brain development that can negatively impact cognitive functioning into adulthood,” Washington State neuroscientist Ryan McLaughlin wrote.
    The Spokesman-Review
  2. Kaiser Health News asks "When is someone too high to drive?"
  3. A commission in Massachusetts wants to make it illegal to drive with an open container of cannabis.
    MassLive
  4. Research in rats suggests cannabis use during pregnancy can affect fetal brain development.
    The Spokesman-Review
  5. On Reddit, cannabis enthusiasts have a productive relationship with a group that helps people quit cannabis.
    Marijuana Moment
  6. In Colorado, illegal grows remain a major source of greenhouse gases.
    Colorado Sun

Editorial Solicitation

For a Guardian story, I would like to speak with cannabis users 55 and up who have interesting stories to tell.

Is that you or or someone you know? Email me alexhalperin@gmail.com with a little bit of background. I have to have these conversations in the next 48 hours. Thanks!

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Justice and the Law
   

Pardons, Sir, Can We Have Some More?

Six years after the state legalized REC, Washington Gov. Jay Inslee (D) said he plans to pardon thousands of people convicted of minor cannabis crimes. Inslee is seen as a potential 2020 presidential candidate.
AP

  • L.A. Magazine has an update on California's pardoning system. A new law came into effect this week which will automate the process with a July 1 deadline for the state Department of Justice to review cases. The clearings could affect an estimated 220,000 Californians.

Quick Hits

  1. NBC reports the industry is falling short on the promise of equity. 🌉Donnell Alexander has more at WeedWeek California.
  2. In Baltimore, the road to legalization hasn't ended racial disparities in arrests.
    Baltimore Sun, Baltimore Fishbowl
Culture
   
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Joshua Reddekopp

Rich Man's High

Luxury cannabis tourism is the new thing in Canada. Among the offerings, ButiqEscapes offers high-end hiking and camping trips, and Canadian Kush Tours does events and nights out in Toronto.
VICE

Quick Hits