• Eaze is raising a new round of funding to support the company's "verticalization" pivot to become a plant touching business. It currently operates as a platform to connect delivery customers and third party vendors.
• The company operates in Oregon and California.
• In a pitch deck obtained by TechCrunch, the company describes itself as the largest direct to consumer cannabis retailer in California.

• TechCrunch: "Eaze is suffering from a problem rampant in the marijuana industry: a lack of working capital. Because banks often won’t issue working capital loans to weed-related business, deliverers like Eaze can experience delays in paying back vendors. Another source says late payments have pushed some brands to stop selling through Eaze."

• The N.Y. Post checked in on High Times, which is also betting the company on a pivot to retail.
• Rumors swirled on social media that California MSO MedMen is trying to restructure its debt. MedMen did not immediately return WeedWeek's request for comment.
  Grizzle
• Florida's dominant MED player Trulieve is suing Grizzly Research (not to be confused with the web site Grizzle) for defamation in an attempt to tank Trulieve's stock. A Wall Street analyst dismissed Grizzly's assessment of Trulieve's accounting as "rookie analysis."
  MJBiz
• A terrific story in the East Bay Express looks at the great cannabis crash of 2019, why it happened and what comes next.
• A stock analyst found Canadian producers aren't good at predicting future performance, except when they made negative predictions. ��WW Canada has more.
  Bloomberg

• New Cannabis Ventures' Global Cannabis Stock Index jumped 16.3%, its best week since January 2018.
• The jump came after a bipartisan group of lawmakers introduced a bill which would treat CBD as a dietary supplement, which are much less stringently regulated than pharmaceuticals.
  Barron's

• Edibles went on sale in Ontario and the province sold out in five hours. WW Canada has more.
  Toronto Star

Quick Hits

1. Grupo Flor Chairman Gavin Kogan writes that it's time to recognize cannabis as a valid business career.
   Green Entrepreneur
2. Marketing tech company Fyllo acquired legal subscription service CannaRegs for $10M in cash and stock.
   TechCrunch

• The hearing revolved around MED and impediments to future research.
• No one from the industry was invited to testify, but the National Cannabis Industry Association (NCIA) submitted a letter.

Quick Hits

1. Senator and presidential candidate Bernie Sanders (I-Vt.) tweeted his support for workers unionizing at a Cresco Labs facility in Illinois.
   Marijuana Moment
2. In a first, The New York Times editorial board endorsed two candidates for president, Senators Elizabeth Warren (D-Mass.) and Amy Klobuchar (D-Minn.) Both support REC legalization. Elizabeth Warren has co-sponsored a bipartisan bill to protect REC states. Kobuchar supports legalization but barely discusses it.
   Canna Law Blog

• The hundreds of thousands of signatures it has collected can be applied to the 2022 initiative.
• Legalization activists have traditionally favored presidential election years for REC ballot initiatives because they generate larger and younger voter turnout.

• Rhode Island Gov. Gina Raimondo (D) called for the state to legalize REC and put forward a plan to open state run dispensaries.
  Marijuana Moment
• In New Hampshire, lawmakers may consider legalizing REC but not the industry.
  Market Realist
• Activists in Montana submitted two REC proposals they hope to see on the November ballot.
  Missoula Current
• New Mexico Gov. Michelle Lujan Grisham wants to legalize REC through the legislature this year.
  Las Cruces Sun News

• Under Phase 1 of the trade deal with China, China will be required to buy a lot more American hemp.
  Marijuana Moment
  
  
• Kentucky-based Cornbread Hemp, co-founded by journalist Jim Higdon, became the first CBD company in the state -- and one of few nationwide --to receive USDA Organic certification.
  Louisville Business Journal
  
  
• Sen. majority leader Mitch McConnell appeared to enjoy himself on a visit to a hemp farm. The plants looked very dank indeed.
  Tom Angell -- Forbes
  
  
• Canna Law Blog says "The Future of Hemp is Genetics."

• Canada's Cannabis Retailer magazine has an interesting story answering "What's in a vape cartridge?"
• A Canadian study found cannabis use during pregnancy can result in low birth weight and decreased brain and liver growth.
  Global News

• Leah Cooke Daniels said she believes speaking out paid off.

• Vincent Hager was a 28-year old laborer in 2001 when a truck dropped a load of concrete on him.
• Severely injured, Hager later used MED to successfully get off opiates.
• The former employer was overruled in its appeal that paying for Hager's MED was illegal under the Controlled Substances Act.
• It is the first time a reimbursement case has been tied to marijuana's federal illegality and the ruling was that state law prevailed.

1. Alcohol prohibition began a century ago. This essay in the New York Times argues prohibition supporters had more problems with the alcohol industry's greed than with alcohol itself.

• The kits come with "a little blue bottle containing 100 micrograms of 1P-LSD "a derivative and functional analogue of LSD."

• " 1-propionyl lysergic acid diethylamide, or 1P-LSD, is structurally similar, but not identical, to the original molecule. While the exact mechanisms of its action are not yet understood, it’s possible that 1P-LSD is a “prodrug” of LSD—meaning that it could convert to LSD in the body."
• "Because of its subtle molecular differences, 1P-LSD bypasses prohibition in places like Canada, occupying a kind of legal grey area where regular LSD may otherwise be illegal."

Quick Hit

1. Seventy three year old actor Brian Cox, has been dumped as the patron of an elderly center in Scotland after he said getting high is "wonderful."
   The Mirror