January 12 2024,

jodrey

THE BIG IDEA

Hi all,

Don’t forget to sign up for the virtual conversation with Humboldt legend Kevin Jodrey, Friday January 19 at 1 pm PT. We’ll be talking about the state of the Emerald Triangle and his recent strain hunting trip to Pakistan.

In the newsletter:

  • Feds to release rescheduling memo

And lots more!

Alex

*

Advertise in WeedWeek

Our advertising policy

*

Send tips, press releases, concerns, feedback and criticism to hello@weedweek.com

*

WeedWeek regularly links to paywalled content.

WHAT YOU MISSED IN WW CALIFORNIA PRO

stiiizy
Mike Von https://unsplash.com/@thevoncomplex

WHAT’S NEXT FOR STIIIZY?

Last month, the LA Times reported that a Stiiizy co-founder had owned nine properties that tenants used as unlicensed dispensaries.

WeedWeek subsequently reported on a lawsuit filed by a former CEO of Stiiizy’s parent company alleging that two Stiiizy co-founders, engage in unlicensed market activity while “continuing to direct and manage” the licensed company. In another lawsuit, also first reported by WeedWeek, a Stiiizy partner makes similar allegations about the co-founders, who are allegedly barred from legal market activity.

Stiiizy President Tak Sato called former CEO Jon Avidor’s allegations “baseless.” He declined to comment on the partner’s lawsuit, but wrote in an email that “Stiiizy has absolutely zero connection to any unlicensed stores or sales.”

What happens next?

FEDS TO RELEASE RESCHEDULING MEMO

The U.S. Department of Health and Human Services said it would release the entire memo outlining its recommendation to make cannabis a schedule 3 drug, as well as related documents. The move comes in response to a lawsuit filed by lawyer Matt Zorn.
Marijuana Moment, On Drugs

The documents will be included in a federal register notice that announces rescheduling. “This could mean that a rescheduling is imminent — or not,” Zorn writes. The decision, widely assumed to be between schedule 3 and the much more restrictive schedule 2, now rests with the DEA, which recently made a point of asserting its authority in the matter.
McGuire Woods

Read the story…

In the news

QUICK HITS

Federal:

Business:

State and local:

Health and science:

Fun and interesting:

In the news

CALIFORNIA HITS

State:

Business:

Local:

Company milestones:

Job Moves:

Was this email forwarded to you?

SIGN UP

View our privacy policy here.