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In the newsletter:

• Calif. biz races to nix tax hike

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California cannabiz races to nix tax hike

California cannabiz interests are on the clock to avert a summer tax hike they warn would further devastate California’s teetering industry.

Read the story

Federal:

• Doctors who support rescheduling are calling for witness selection to be redone over an alleged illegal conspiracy between the DEA and legalization opponents.
  Marijuana Moment

Business:

• MJBiz reports on the rapid collapse of MegaBud, the latest venture from the founders of doomed MSO MedMen.
• At least five states are considering changes that could hamper their legal industries.
  Green Market Report
• The Maine legislature’s government oversight committee ordered a conflict of interest investigation of state regulator John Hudak over his past working relationship with an executive at track and trace software provider Metrc. A Maine agency said Hudak has been transparent about his past working relationships and that he does not have a direct or indirect pecuniary interest in Metrc.
  Maine Public Radio
• Many hemp-derived beverages are expanding to offer stronger products.
  BrewBound
• New Cannabis Ventures says there’s too much love for this MSO’s stock.
• MSO Story Cannabis got a $15M loan from Advanced Flower Capital to support Ohio expansion.
• At Forbes, Javier Hasse weighs in on MedMen co-founder Adam Bierman’s new memoir Weed Empire.
• High Times’ intellectual property assets are on the market through a receivership sale.
• After nine years the Cannabis Marketing Association is shutting down.

State and local:

• Texas’ Lt. Gov. introduced a bill that bans all cannabinoids except CBD and CBG.
  Vicente lawyer Michelle Bodian
• Basketball player Brittney Griner cancelled her talk at a Women Grow event in Maryland after finding a threatening message in her hotel room.
  Marijuana Moment
• More than $6M in funds slotted to support New Jersey communities harmed by the war on drugs has been sitting unused.
  New Jersey Monitor
• Colorado saw the weakest January sales since 2017.
  Green Market Report
• A Missouri company responsible for a big recall lost an appeal to win back its revoked license.
  Missouri Independent
• A lawsuit says the Trump administration has declined to return licensed product seized over the past year at interior Border Patrol checkpoints in New Mexico.
  MJBiz
• New York state secured a $6M judgment against an unlicensed shop.
  Green Market Report
• Cartoonist Brian “Box” Brown weighs in on why his home state of Pennsylvania may go REC.

International:

• Switzerland moved to legalize REC through a state-controlled monopoly.
  Forbes

State:

• A new bill would ban single use nicotine and cannabis vapes.
  CalPIRG

Business:

• In another “grim milestone” California now has more inactive and suspended licenses than active ones.
  SFGate
• Fresno dispensaries are falling short of tax targets.
  YourCentralValley.com
• A lawsuit alleges San Diego Co.-based soap company Dr. Bronner’s fosters a risky drug culture that led to an employee’s fatal overdose.
  KPBS
• Leef Brands is entering the New York market.
• Respect My Region published a list of the best dispensaries in California.
• GreenState previews Hall of Flowers’ upcoming Ventura show.

Local:

• The Santa Barbara County Planning Commission voted to recommend that greenhouse growers be required to install advanced carbon filters for odor control.
  Independent
• Suisun City (Solano Co.) may allow another dispensary.
  Daily Republic
• Redondo Beach (LA Co.) took a step back on allowing two shops.
  Daily Breeze
• Akoma, the country’s first Black-owned psychedelic church, is now open in Oakland.
  @doubleblindmag

Upcoming:

• A Tuesday webinar hosted by Pablo Zuniac will discuss the “national and global appeal” of California brands.
• The ZAlympics will be March 1 in LA.
  @zalympix
• The first annual Mendo Cup, celebrating the county’s best sungrown flower, is set for May 5.
  @swamiselect