November 29 2021,
THE BIG IDEA
I hope everyone had a happy, restful holiday and is ready for the December sprint. At WeedWeek, we’re rolling out something big, so keep an eye out for that too.
In the newsletter:
- Harborside deal creates a big California player
- Others in the Golden State are calling for tax relief
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Some Calif. cos. call for tax relief
- Dept. of Veterans Affairs secretary Denis McDonough said he is “looking at” a MED policy change following a “profound” conversation with a veteran.
- Legalization had it’s best year ever in state legislatures.
- MSO MedMen prevailed in its legal battle against its former CFO.
- MSO Trulieve released its inaugural Environmental, Social and Governance report.
- At New Cannabis Ventures, Alan Brochstein discusses a “challenging” Q3 earnings season, and how investing in the sector has become more nuanced.
- Andrew DeAngelo says now’s the time to get branding right.
- Business Insider seeks nominations for the most influential woman in psychedelics.
- A Massachusetts poll found 61% agree legalization has been good for the state.
- Michigan’s Viridis Labs is suing the state after a major recall alleged unreliable results.
- California is rolling out an effort to standardize testing statewide.
- New Jersey’s REC law funds controversial police methods.
- South Dakota’s supreme court nullified the state’s voter-passed ballot initiative. Cannabis Wire explains what’s next.
Health and Science:
- Dr. Sanjay Gupta’s Weed 6, a new MED documentary focused on autism, is out on CNN.
- The American Psychiatric Association is reportedly working on a statement that “notes the research on psychedelics is promising but does not yet recommend anyone take them outside of a clinical trial.”
- A pundit calls for drug-testing pregnant women.
- Germany is legalizing REC. But beware of premature sales projections. Here’s another warning about them, from Matt Lamers of MJBiz.
N.Y. Times, Yahoo Finance
- The Taliban’s announcement that they’re going into the Australian hash business was apparently a joke.
Fun and interesting:
- Trulieve launched TruTonic, Florida’s first infused drink powder.
- Vaseline released a new hemp seed lotion.
- High fashion brand Comme des Garçons released Ganja perfume, pictured. “The woody herbacious scent packs a punch,” says High Snobiety.
- TechCrunch finds 9 high-tech smoking devices.
- The Prototype Shop has a new line of 3D printed smoking accessories.
- Rolling paper brand Zig-Zag is launching a content studio.
- Social media marketer Alice Moon has a new course on launching an influencer campaign.
- Malt liquor brand St. Ides, has a new cannabis line.
- Canada’s Pure Sunfarms is selling a gingerbread greenhouse.
- The L.A. Times lists the 29 best self-care gifts for stress.
- Attorney Jeffrey Hoffman did some back of the envelope math on how big the New York Market could get.
- Rob McPherson won’t stop savaging Canadian LP Canopy Growth. Canopy Growth didn’t respond to requests for comment.
- Aaron Raskin explains why the MSOs aren’t too big to fail.
- Greg Welch highlights the advocacy work of CannaMommy.org founder Kelley Bruce.
- A.C. Moon says the legacy market is “frustrated with Commercial Cannabis.“
WEEDWEEK HIGH SOCIETY -- 11/30/21
Do your part to make High Society possible: Ge
These images come from Runner’s High, a 4.20 mile run and cannabis conversation in New York City. Higher Standards and Rage and Release, a collective of cannabis advocates and athletes, hosted in November.
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