WeedWeek is looking for a select group of leaders and industry professionals to form WeedWeek Council, a new way for us to deliver the latest thinking from the most plugged in people in cannabis.
What is it and how do I join?
In partnership with the market research firm SoapBoxSample, WeedWeek is assembling a group of individuals representing a wide swath of geography and expertise. Two or more times a month, council members will receive a short (five minutes or less) survey on a topic in the news. WeedWeek editors will read the responses and share key insights in our newsletters.
Council members are selected through a competitive process and will enjoy perks. For starters:
We will always respect council members’ privacy. Responses will be default anonymous with the option to submit quotes on the record for publication. Successful applicants will be notified on a rolling basis.
57. Gov. Newsom Adviser Nicole Elliott: Live from WeedWeek’s Recharge Event
This week we bring you an episode recorded live at WeedWeek's Recharge event. Alex and Donnell interview Nicole Elliott, senior advisor on cannabis to Governor Newsom, in the office of business and economic development. She talks with us about her experience ushering in legal cannabis in San Francisco, the challenges of California regulation, social equity and Governor Newsom's vision for the future of cannabis in California.
Counterfeit vape cartridges are yet another problem bedeviling the California designed to mimic legitimate brands. Many of L.A.'s 500+ unlicensed dispensaries are selling counterfeit versions of brands like Heavy Hitters, Stiiizy and Brass Knuckles, NBC reports.
In some cases, the immitations were so well rendereddone the companies themselves struggled to tell the difference. However, the story found all of the fakes to contain "large amounts of dangerous pesticides, banned by the state for use on marijuana." One fake contained an illegal amount of lead.
It seems likely that these fakes have made it into other states as well. L.A. and Gov. Newsom are cracking down on illegal shops but it remains challenging, especially since many cities and counties don't allow legal REC shops. The N.Y. Times says the California's illegal market is booming.
L.A. and Gov. Newsom are cracking down on illegal shops but it remains challenging, especially since many cities and counties don't allow legal REC shops.
The N.Y. Times says the California's illegal market is booming. The East Bay Express explains "how the state basically keeps calling the cops on itself."
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Multi-state operator Curaleaf acquired Cura's Select Oil brand in a $948M all stock deal to create the world's largest cannabis company by revenue. The combined entity's $205M in 2018 sales is almost twice the size of its closest competitor, Florida dispensary chain Trulieve.
Colorado weed is on the brink of "a new era". Gov. Jared Polis (D), appears poised to empower marijuana companies to attract investors and cater to customers. This new pro-cannabis stancerules could help Colorado remain an industry hub as larger markets open.
Colorado Sun, Westword
Colorado requires all marijuana investors to be identified to regulators. In this recent WeedWeek exclusive, my reporting documents an apparent investor in the company Ebbu who was not identified to regulators. (Last year, Canopy Growth acquired Ebbu's assets. Ebbu's former CEO Jon Cooper denies the individual was an Ebbu investor.)
State authorities, including Gov. Polis' office have repeatedly refused to discuss Ebbu or the possibility that other companies made similar transactions to the one I've documented. This week in a Twitter thread, I explained why it matters.
This week in L.A. WeedWeek hosted our second Recharge event featuring talks by some very smart and plugged-in folks. A few quotes I like follow.
“Back in the day … it was predominantly a young male market. Now the fastest segments are female and skewing older.”
-Nicole Elliott, Senior advisor on cannabis in California Gov. Gavin Newsom's Office of Business and Economic Development:
“I’m interested in approaching enforcement in a way that doesn’t repeat all the mistakes made during the "War on Drugs." (Our full interview with Elliott will be on an upcoming episode of the WeedWeek podcast.)
-Bryce Berryessa, Founder, La Vida Verde; Board member. California Cannabis Manufacturers Association:
"If you are thinking about getting into this industry now, make sure it is something you love. The road is a lot more tenuous and difficult than it used to be."
For future WeedWeek events, watch this space.
The N.Y. Times looks at China's booming hemp industry. Based largely in the southern Yunnan Province, one of the country's poorest, the business is fueled largely by interest in CBD.
China is the world's largest hemp producer and largest exporter of hemp textiles and paper. This year hemp stocks have soared on Chinese stock exchanges. In 2017, the South China Morning Post published a fascinating story about how China became a hemp superpower.
While backpackers used to visit Yunnan and find cannabis growing wildly, THC-legalization has "virtually no chance" of getting anywhere in China.
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CEO, Critical Mind Inc., Adelanto California
Affiliations: CA State Bar; Board member, Adelanto Growers Association
Critical Mind, Inc. is a Medical Cannabis Cultivation and Manufacturing Facility located in Adelanto, CA. Providing the highest quality Cannabis products. Compliance without Compromise!
New York state senator and legalization supporter Diane Savino (D) told Cannabis Wire the state's REC legalization push has stalled. Between local objections in some areas, NIMBYism and big questions about equity, Scavino said REC legalization basically has "no shot" before 2021.
Gov. Andrew Cuomo called legalization a "large undertaking."
Meanwhile REC legalization could happen in Connecticut.
The Austin Chronicle explains why legalization isn't moving in Texas despite bipartisan support.
An alumni of Harvard and MIT who's now a cannabis investor donated $9M to the schools to study marijuana's medical potential. The donor Charles R. "Bob" Broderick invests in cannabis through family office Uji Capital. He will not have any say over the research he's funding.
Baltimore prosecutor Marilyn Mosby has thus far been thwarted in her efforts to throw out nearly 5,000 marijuana possession convictions. Despite two judges ruling against her, the Baltimore Sun editorial board encourages her to explore additional options. The editors also encourage the legislature to act.
Merry Jane has a long story on the queer history of California's MED Movement. The story features the famous activists Brownie Mary and Dennis Peron as well as lesser known figures like Chris Conrad, Mikki Norris, Andrea "Nurse Mary Jane" Tischler, and Paul Scott.
The story features the famous activists Brownie Mary and Dennis Peron as well as lesser known figures like Chris Conrad, Mikki Norris, Andrea "Nurse Mary Jane" Tischler, and Paul Scott.