California
In California, calls for a tax revolt grow louder
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December 7 2021,
TOGETHER WITH
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THE BIG IDEA
Hi all,
I’m excited to see many of you at Hall of Flowers Palm Springs tomorrow. If you can’t make it, WeedWeek Pro members can join myself and the great Jackie Bryant for a recap on Friday at 11 a.m. PT in the WeedWeek Discord community.
Hope to see you there!
In today’s newsletter:
- Jushi thinks corporate weed can be cool
- In California, calls for a tax revolt grow louder
Enjoy,
Alex
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TOGETHER WITH
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JUSHI THINKS CORPORATE WEED CAN BE COOL
When the self-appointed guardians of cannabis culture deride corporate weed, they have companies like MSO Jushi in mind. It sprouted up in 2018 and now has around 1,200 employees across six states. This is impressive, but not soul-stirring. And when you sell weed, it helps to be soul-stirring.
Recently I spoke with Chief Creative Officer Andreas “Dre” Neumann, about how the company plans to connect with consumers.
WeedWeek
QUICK HITS
Politics:
- In an “urgent” message, non-profit Drug Policy Alliance urged Congress not to pass banking reform as part of the National Defense Authorization Act. Doing so would “prioritize profits over people being harmed by prohibition.” The next few days are likely to be crucial.
Business:
- Michigan-based Common Citizen wants to be the Costco of weed.
Detroit Free Press - Cannabis.net compares Weedmaps vs. Leafly.
- In an opinion piece, lawyer Larry Sandell of Mei & Mark explains why an interim ruling in favor of GW Pharmaceuticals bodes well for the company in the patent infringement lawsuit filed by Canopy Growth.
Marijuana Moment - Several top MSO CEOs say they’re most bullish about northeast markets.
Business Insider - New Cannabis Ventures discusses an opportunity for pot stock investors.
States:
- A Michigan testing lab’s lawsuit against the state for a big recall won a partial victory with a judge lifting the recall on part of the inventory. The litigation is ongoing.
Detroit News - Though Pennsylvania regulators have not explained their far-reaching review of vapes, they said it may result in products being removed from the market.
MJBiz - Fourteen lawsuits calling for a redo of Illinois’ license lottery have been ordered consolidated into a “supercase.”
Grown In - MG Retailer shares five tips for luring employees back to the office.
Crime:
- A North Carolina woman was arrested after cops learned she planned to smoke on Facebook live.
NBC
Fun and interesting:
- California company MycoWorks is touting mushroom leather, as an alternative to cowhides.
The Guardian - Demi Lovato has moved from California sober to fully sober.
NBC
COMPANY MILESTONES
- Cookies-branded stores and MED dispensaries will begin to pop up in the U.K. and Austria next year thanks to a partnership with Israel-based InterCure.
- Data shop Headset completed an $8.6M financing.
- Colorado operator Schwazze is raising $95M with a focus on entering the New Mexico market.
- Media company A Proper High is relaunching as a “streamlined, sales-focused site aimed at pairing consumers and brands.”
- California distributor Nabis announced an exclusive partnership with edibles brand Emerald Sky.
- R&D company Cannabistry is launching four technologies designed to help infused-product manufacturers address pain points.
- MAPS and Vine Ventures say they are partnering on a “novel regenerative funding structure” that will offer $70M for psychedelics research.
JOB MOVES
- The Parent Company named Tiffany McBride as managing director, social equity and Kerry Arnold as Chief People Officer.
- Brandon Barksdale is the new CEO of Colorado player Dalwhinnie Enterprises, parent of luxury brand Shift.
- Brady Cobb, founder and CEO of Bluma Wellness, a Florida licensee acquired by MSO Cresco Labs this year, joined the board of equity non-profit The Weldon Project.
- Bill Newlands, CEO of liquor company Constellation Brands, resigned from the board of Canopy Growth, in which Constellation is a major investor. He’s been replaced by Constellation CFO Garth Hankinson. Canopy has lost more than $3B since Constellation’s initial 2018 investment.
MJBiz - Marijuana Policy Project hired Denise Tolliver as communications director.
- Cellular Goods, a U.K. provider consumer products, such as lotions, made from lab-made cannabinoids, named Anna Chokina CEO. She replaced Alexis Abraham who became Chief Strategy Officer.
- NORML named Jax Finkel James state policy manager on its national team.
PRODUCT NEWS
CBD for Life released its first broad spectrum CBD oil tincture. (Pictured)- Maison Tiet has introduced a high-fashion hemp hoodie.
- The Ontario Cannabis Store looks at some of its favorite new accessories.
- San Francisco-based 48 Hills has a holiday gift guide.
- Beard Bros. Pharms shared its holiday gift guide.
- Don’t miss the toothless grinder from Rekt.
ON SOCIAL
- Yarrow Lee Kubrin is crowdsourcing banks that serve the industry.
- @weedhumor shares a vision of bliss.
- Jamaican musician Sean Paul doesn’t think much of dispensary weed.
@theblacklistxyz - @hightimesmagazine posts “The bong that smokes you.“
- Cann co-founder Luke Anderson shares a thought on cannabis at Christmas.
WEEDWEEK HIGH SOCIETY -- 12/7/21
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Actress Caitlin O’Connor, Triller TV director Alexanne Wagner and Rockstar Energy marketer Jessica Harbour vamp in front of signage for Cliq, Select‘s new vape offering, at the company’s “What’s Next” event in Bel Air.
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