March 5 2021,

TOGETHER WITH

MEDMEN FOUNDERS RETURN TO CANNABIZ
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IG @SHOPMEDMEN

After an ignominious departure, chronicled at length in Politico, MedMen co-founders Adam Bierman and Andrew Modlin are working in cannabis again. MJBiz scoops that they've found a new professional home at Coastal Dispensary which holds licenses in SoCal and along the central coast.  

  • Coastal is co-owned by Josh Ginsberg who co-founded Denver chain Native Roots.
  • “It’s building the retail identity. I think it’s putting together the brand and stuff like that. They’re trying to grow and scale,” said a former Coastal contractor.
  • The reaction from industry professionals have been mixed. Some are outraged after they left MedMen in dire straights, others say Bierman and Modlin should be welcomed back.
  • MJBiz couldn't reach them for comment.

Time to burn? Read all about it. 

WHO BENEFITS FROM INCREMENTAL REFORM?
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Senate Majority Leader Chuck Schumer (D-N.Y.) and his colleagues Sen. Ron Wyden (D-Ore.) and Sen. Cory Booker (D-N.J.) are working on a bill to end federal marijuana prohibition.

However, in a Senate evenly divided between Democrats and Republicans, there could be significant differences between the bill progressives want and a bill that has a chance of becoming law. The gap between the ideal and the reality has split legalization supporters in Washington.
WeedWeek 

Virtually all legalization supporters, including industry groups, claim to support social justice and equity measures as part of legalization. The question dividing advocates in Washington is whether legislation like the SAFE Banking Act -- which does not include any social justice elements -- is worth supporting if full legalization isn't immediately realistic. 

Read the whole thing.

IN THE NEWS — 3/6/21
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ALEX HALPERIN
Charlotte Figi on the cover of High Times

What's happening: