November 18 2023,

THE BIG IDEA

Hi all,

We had a great conversation yesterday on the business of cannabis hospitality. Thanks again to Lauren Fontein, Jerred Kiloh,  and Scot Rutledge for joining us. Think WeedWeek should include you in a future virtual event? Drop me a line.

You’ll see High Society is back in today’s newsletter. I hope to run a special section following MJBizCon so take lots of pictures and send them along. And of course if you see me, say hi.

In the newsletter:

  • Trulieve worker died of occupational asthma: report
  • After chasing thieves, Calif. biz owner charged with attempted murder

The newsletter will be off for Thanksgiving. I’m deeply thankful for your ongoing support and interest in WeedWeek. Best wishes to all of you for a healthy and restful holiday.

Alex

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WHAT YOU MISSED IN WEEDWEEK CALIFORNIA PRO

DeliverySCOOP: Grassdoor sued as delivery companies flail

A concentrate maker sued LA-based delivery service Grassdoor alleging lack of payment and fraudulent inducement. The suit highlights tough times for California delivery services.

Investors once got excited about cannabis delivery services and their Silicon Valley adjacent business models. But their mainstream equivalents like Uber Eats and DoorDash have struggled to maintain profitability, and that’s without the cannabiz’s baked in disadvantages.

Read the story…

LATEST PRESS RELEASE

Feminine Forward Talks to
Feminine Forward Talks to Launch Transformative Mobile Speaker Series at MJBizCon
Chino, CA (Newsworthy.ai) Thursday Nov 9, 2023 @ 6:00 AM Pacific —FEMININE FORWARD TALKS (FFT) is launching a mobile series movement at MJBizCon in Las Vegas this month. FFT’s goals to reshape paradigms and elevate women through a triad of...

AFTER CHASING THIEVES, SANTA CRUZ BIZ OWNER ARRESTED FOR ATTEMPTED MURDER

@catalyst_ceo

The owner of licensed Santa Cruz, Calif. business Decibel Gardens, Derek Hubbard, was arrested and charged with four counts of attempted murder after he attempted to thwart a robbery.
SFGate

Hubbard, 36, arrived at the property around 4 a.m. after an alarm was triggered. He fired several shots from a handgun and rammed one of the getaway vehicles with a car.

Hubbard said the thieves, who have not been caught, shot back. He was released on bail today.

Hubbard’s facility has been targeted by burglars before, at least once this year. His arrest has triggered widespread outrage from California operators who say law enforcement has ignored the crime wave they’re facing.

Decibel Gardens posted video of the robbery on the business.

Read more at KSBW…

TRULIEVE WORKER DIED OF OCCUPATIONAL ASTHMA: REPORT

A report from state and federal regulators determined that 27 year old Trulieve worker Lorna McMurrey was the industry’s first occupational asthma reported fatality. McMurrey collapsed during a January 2022 shift at a factory in Holyoke, Mass and died days later at a hospital.

The report calls on the industry…

Don’t hold your breath

QUICK HITS

 

el capitan
elcapitanadvisors.com

Federal:

  • Congress put off renewing the farm bill for a year. The 2018 farm bill gave rise to the intoxicating hemp derived cannabinoid industry which is now roughly as big as the ~$25B state licensed cannabis industry. Both sides are paying close attention.
    MJBiz

Business:

State and local:

Crime:

  • The Virginia mother of a six-year old boy who shot and seriously wounded his teacher was sentenced to 21 months for using marijuana while owning a gun. She awaits a separate sentence for felony child neglect.
    AP
  • Poker player Shawn Sheikhan was sentenced to four years for running an illegal cannabis business.
    Casino.org

R.I.P.

International:

Fun and interesting:

CALIFORNIA HITS

State:

  • Attorney Jason Horst posted that it appears like a federal appeals court will tell a district court that it can not abstain from deciding whether residency requirements in Sacramento’s equity plan violate the U.S. Constitution’s dormant commerce clause.
  • Rolling back environmental protections won’t help the industry, argue an academic and a former president of the California Fish and Game Commission.
    CalMatters

Business:

Local:

Crime:

Company milestones:

HIGH SOCIETY

Lake Elsinore, Calif. residents receive two of the 700 Thanksgiving turkeys at Gelato dispensary. Turkeys are free without purchase while supplies last.

 

Send High Society pics to hello@weedweek.com

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