Hi all,

Don’t forget we’ll soon be sharing your (and your clients’) predictions for 2022, so send them along if you haven’t already: hello@weedweek.com

Today in the newsletter:

• Why aren’t MSOs buying brands
• Visa warns on cashless ATMs
• Some fun stuff too

Enjoy,

Alex 

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Politics:

• Sen. Ted Cruz (R-Texas) suggested marijuana possession should be prosecuted by the federal government in a legal state. He has previously defended a states’ right to legalize.

Business:

• A Viridian analyst said these seven companies are ripe acquisition targets.
  Business Insider
• Industry execs were bummed banking reform didn’t pass with December’s defense bill.
  Green Market Report
• Alan Brochstein picks the five biggest surprises for pot stock investors in 2021.
  New Cannabis Ventures

States:

• Arizona sales hit a new peak in October. Colorado sales dropped for the third straight month.
  AZ Monitor, MJBiz
• California regulators could be deposed in the burner distributor license lawsuit filed by Catalyst Cannabis.
  MJBiz
• Michigan lab Viridis is calling for arbitration to reverse the recall of products it tested.
• A proposed law in New York would allow PotCos to deduct business expenses on their taxes.
  Spectrum
• Ahead of launching REC, New Jersey’s MED market expanded again.
  Cannabis Wire
• A top lawmaker said Rhode Island’s REC bill would be ready in early 2022.
  Marijuana Moment
• The Chicago Sun-Times found eight of nine Illinois pre-rolls it tested were above the limit for two or more microbiological contaminants.
• Where are Boston’s consumption lounges?
  Boston Magazine

International:

• Malta will be the first European country to legalize REC.
  Guardian
• New Zealand said it would ban cigarettes.
  Guardian

Health and Science:

• A psychiatrist discussed his views on legalization.
  Psychology Today
• Social conservative group Family Research Council opposes researching psychedelics as a medical treatment.

Fun and interesting:

• Leafly named its strain of the year. And some runners-up.
• The Onion joked about the 850-pound pot brownie.
• CelebStoner discussed the top stoner movies and tv of the year.

• In Massachusetts, Cannabis Facility Construction completed three dispensaries for Justice Cannabis.
• Israel-based GemmaCert received a new U.S. patent for testing.
• Cleveland brewery Saucy Brew Works said it would enter the Michigan REC market with a cannabis line.

• Marijuana Policy Project named Kevin Caldwell southeast legislative manager.
• Glass House Brands CEO Kyle Kazan joined the board of equity non-profit The Weldon Project.

• Prrl Labs introduced The Neo, an “herbal atomizer” consumption device. (pictured)
• Weed wine brand Herbacée debuted in California.
• Raw Papers’ spokesdude tested out a new joint roller from Beed.
• Embarc dispensaries shared its “holidaze” gift guide.
• The Cannigma shared the 12 most unique bongs of 2021.

• Fly Beverage CMO Alec Burkin breaks down beverage sales by THC content.
• Industry advisor Mitchell Osak discussed Germany and other emerging markets.
• Lindsey Bartlett posted a video montage of Hall of Flowers.
• Following her client, MariMed‘s 850-pound brownie, Alice Moon polls her audience on the value of publicity stunts. This one, she says, led to 1,500 articles and billions of impressions worth $30M in ad spend.
• Berner tested the Cookies “flame thrower.”
• Scientist and physician Ethan Russo will be “The Last DJ” on Tom Petty Radio this week.

Do your part to make High Society possible: Get vaccinated.

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The High Gorgeous team celebrates the beauty brand’s relaunch at the Saguaro in Palm Springs: (Left to Right) Brooke Cobos, Nitaya Chapman, Kevin Leonard, Tamara Carter, Timethy Sal, Jennifer Leal, Krystal Kitahara, Tyler Layton,

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