With Democrats controlling the House of Representatives, and Democratic presidential candidates staking out liberal positions, cannabis is more relevant in federal politics than it has been since Colorado and Washington state legalized REC on Election Day 2012.
Freshman Congresswoman Alexandria Ocasio-Cortez (D-N.Y.) hired former marijuana lobbyist Dan Riffle as an advisor. Riffle will focus on health care and tax reform.
Maryland MED regulators said the legislature would likely have to clarify whether state rules aim to prevent large, out-of-state companies from dominating the state industry. Last year the Baltimore Sun reported several large out-of-state operators were vying to enter the state market, possibly against state rules.
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While some industries hunker down, Wall Street's top cannabis analyst, Cowen's Vivien Azer, remains bullish on the sector. Azer expects the three pot stocks she covers -- Canadian producers Canopy and Tilray and US-based KushCo (Formerly Kush Bottles) -- to outperform in 2019.
Cannabis companies raised $13.8 Billion in 2018, up from $3.5 Billion in 2017, and saw M&A activity double to more than 300 deals.
New Yorker writer Malcolm Gladwell asks "Is Marijuana as safe as we think?" The answer, he decides, is it's complicated:
Though he admits the evidence is limited, Gladwell's piece approvingly highlights the most alarming findings from Alex Berenson's new anti-pot book "Tell Your Children,": That cannabis can cause serious mental illnesses like schizophrenia, and consequently lead to violent behavior.
In the end Gladwell agrees with everyone else that more research is needed. 🌴Donnell has a harsher assessment in WeedWeek California.
And in Leafly, David Bienenstock writes, "Tell your Children' to Reject Berenson's Debunked Nonsense."
A federal lawsuit filed by Pennsylvania MED doctor and patient Dr. Matthew Roman challenges the ban on MED patients buying guns. Roman claims his Second Amendment rights were violated when he couldn't buy a gun at a Philadelphia area store after acknowledging his legal MED use.
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LitHub goes on safari and finds unexpected joy in online strain reviews, like this one, of indica Louis XIII, from Leafly:
My all time favorite Leafly review begins, "Pretty hard to write this on Dream Beaver."
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