Canopy Growth CEO Bruce Linton is arguably the biggest name in the business. Here in California, Joe and Josephine BongHit might not have heard of this Canadian, but if they haven't yet felt the impact of Linton's business decisions, they almost certainly will. Soon.
Tyler Beuerlein an executive at fintech company Hypur believes "opening of new cannabis markets in the U.S. brings myriad new banking institutions into the space."
CANNABIS BUSINESS TIMES
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.
The now-concluded stfederal shutdown's self-imposed injuries, included delays in hemp policy development. After last year's Farm Bill approval, the stage was set for quick movement on a number of fronts. Since the shutdown:
HEMP BUSINESS DAILY
Since the shutdown:
HEMP BUSINESS DAILY
The California Growers Association has dropped its year-old lawsuit against the state's Department of Food and Agriculture. The growers sought to close a loophole which allowed industrial-scale farms to operate in the state, contrary to Prop 64. For more see here.
MARIJUANA BUSINESS DAILY
The Highway Patrol seized almost eight tons of cannabis between January and November of 2018, twice what it seized in all of 2017. The aforementioned tonnage was the most taken the CHP since 2014.
The rise on seizure numbers can be placed on conflict through the state on where cannabis should be delivered, as well as federal prohibitions.
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The farewell season of the urban milleninal stoner fave Broad City opened this week with an episode shared in the manner of an Instagram story. Its only overt reference to marijuana was a quick vape hit roomie Ilana took inside Manhattan's Midtown Mall. And that's all we needed to see, because these young New York women are exactly like us.
But, brace yourselves. Abbi and Ilana "will tackle milestone moments" and bare their souls.
THE HOLLYWOOD REPORTER