September 26 2024,

mjunpacked

THE BIG IDEA

Hi all,

The hemp/weed civil war continues to heat up.

In today’s newsletter:

  • SCOOP: West Coast Cure asks judge to dismiss pesticides suit

See below,

Alex

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west coast cure
Image from WCC court filing, 9/20/24

WEEDWEEK CALIFORNIA PRO

SCOOP: West Coast Cure asks judge to dismiss pesticides suit

The parent company of California cannabis brand West Coast Cure (WCC) asked a judge to throw out a proposed class action lawsuit alleging the presence of banned pesticides in its vapes.

Read the story

 

mjunpacked

ANOTHER BIG WEEK FOR HEMP

California Gov. Gavin Newsom’s ban on intoxicating hemp products took effect. As promised, a hemp industry group sued.
SFGate, WeedWeek, Daily Journal

Meanwhile in Washington D.C., Senator Ron Wyden (D-Ore.) proposed a bill to regulate intoxicating hemp.
MJBiz

It would:

  • Ban ““artificially or synthetically derived cannabinoids of any kind.”
  • Impose a national ages restriction of 21.
  • Create a new FDA department called the “Center for Cannabinoid Products.”

While it seems unlikely that the bill would pass Congress this year, it indicates awareness of the issues raised by hemp products.

QUICK HITS

Federal:

Business:

  • A former CEO and CFO at Yelp-like service Weedmaps agreed to pay $175,000 fines to settle allegations that the company issued “misleading” user number metrics. The company has also agreed to pay $1.5M to settle the issue with the U.S. SEC.
    Green Market Report
  • Ancillary firms are looking to help with the industry’s ongoing crisis with unpaid bills.
    MJBiz
  • The industry “dodged a bullet” when disgraced hip-hop mogul Diddy’s bid to join the cannabiz fell through in 2023, CelebStoner says. I remember thinking at the time that Diddy had dodged a bullet on a bad deal.
  • A new docuseries seeks to tell of the rise and fall of MedMen.

State and local:

Health and science:

Fun and interesting:

CALIFORNIA HITS

State:

Local:

Crime:

  • A botched October 2023 raid in LA got even stranger when a cop’s gun allegedly got sucked across a room by an MRI machine. (The M stands for magnetic.)
    SFGate

Upcoming:

HIGH SOCIETY

 
 
 
 
 
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