Doings:
- FiveThirtyEight has a deep dive into what the industry can do about corrupt testing labs. “THC inflation is pernicious,” a chemistry professor said.
- The Parent Company acquired popular West Hollywood dispensary Calma for $11.5M, part of its plan to consolidate California.
WeHoVille, New Cannabis Ventures - Best Startup compiled the 70 best cannabis companies and startups in L.A.
- The Hemp Industries Association recommended regulation, not prohibition of Delta-8 THC. But California could ban it.
Canna Law Blog - Mexico’s Supreme Court decriminalized REC use. A bill to create a legal industry remains tied up in the legislature.
BBC - E-cigarette company JUUL agreed to pay $40M to North Carolina in the first of a series of lawsuits accusing the company of deceptive marketing practices that hooked teenagers.
N.Y. Times - For the first time, Congress will allocate funds for harm reduction programs for people addicted to opioids.
N.Y.Times - Longtime executive Michael Sassano argues the industry’s biggest boom is yet to come.
Cannabis Business Executive - Psychology Today unpacks “the neural mechanisms of marijuana,” i.e. how it gets you high.