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Here's the news:
Politics
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The Oregon Cannabis Grower's Fair & Plant Competition is this weekend, August 12-13th at the Oregon State Fairgrounds in Salem. This is the FIRST EVER flowering live plant competition in legal cannabis history!
The Growers’ Fair is open to the public, and the overarching goal of the show is to educate consumers, connect investors and explore business opportunities including the new employment market our industry has created. More than $65 million in tax dollars have been collected thus far and a percent of these dollars will help by funding education and important programs in Oregon. This is an opportunity to learn from medical professionals, master growers, bud tenders and all ancillary businesses in the industry.
Find that funding! Make those connections!
DON’T MISS our
Cannabis Connex and the
Investor Speed Dating Lounge.
We are offering FREE TICKETS to WeedWeek readers.
*****
Business
In conjunction with a pot-themed episode of The Profit, CNBC profiles five businesses representing the future of weed.
Among them, Adrian Sedlin, CEO of California producer Canndescent, explains why his product is worth a 25% premium. And a former minister who voted against REC in California is now cashing in.
Colorado cannabis sales topped $750M for the first half of 2017, up 25% from 2016.
A report found the global market could reach $140 billion within 15 years.
New Cannabis Ventures reports American Green, the Arizona company that said it would buy the town of Nipton, Calif., for $5M and turn it into a cannabis resort, doesn’t have enough money.
Illinois-based Green Thumb Industries (GTI) raised $50M for expansion into new states.
GG Strains, a company based on the popular strain Gorilla Glue #4, is being sued for trademark infringement by the maker of Gorilla Glue glue.
The Canadian Securities Exchange said it would list companies with U.S. operations.
A Florida bank said it would work with marijuana companies.
Lots of cannabis businesses are in fundraising mode.
MED sales began in Hawaii, 17 years after legalization.
A federal judge in Connecticut ruled federal law doesn’t pre-empt a state statute that forbids firing or refusing to hire employees for MED use.
The Washington Post asks if pot growing can save West Virginia coal country.
Nevada may ban home REC delivery. The state will allow companies that are not currently liquor distributors to apply for distribution licenses.
Tourists in Vegas have nowhere to consume REC. Clark County (Las Vegas) is telling pot shops not to promote public consumption.
Canadian MED company MedReleaf completed its first shipment to Brazil.
A pot grow’s generator sparked a fire in Santa Clara County, Calif. that destroyed a dozen homes and required almost 2,000 firefighters to put out.
Stock in Zynerba Pharmaceuticals crashed after its experimental CBD gel failed a mid-stage clinical trial for epilepsy.
Don't miss out on the first ever Cannabis State Fair with flowering plants. For FREE tickets, use promo code WEED at cangrowfair.com
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Health and Science
A new study published in the European Journal of Preventative Cardiology found marijuana use may exacerbate hypertension and increase the risk of death from cardiovascular disease. The Oregonian says the study is “preliminary and comes with caveats.” For more see here.
A study in four states found restrictions on selling pot to minors are very effective, possibly more effective than alcohol restrictions.
President Trump reversed himself and declared the opioid crisis a national emergency, freeing up funds to fight it. For more see here.
For perspective, Bloomberg studies the U.S. opiate epidemic of the 1860s and 1870s.
Nashville Mayor Megan Barry (D) discussed the opioid crisis after her son died of an overdose.
Despite fears, Leafly says there are no credible reports of fentanyl-laced cannabis.
A secret supervised drug injection site has been operating somewhere in the U.S. for years.
Instead of pesticides and fertilizers, some growers use compost.
A new Massachusetts campaign aims to prevent driving while high.
Narrative.ly profiles Margarete de Santos Brito, one of three Brazilians allowed to grow MED at home. It's for her sick daughter.
Cannabis use is up more than 250% among Americans 65 and older. They're the fastest growing age cohort.
Bruce Barcott explains how to relieve “cannabis withdrawal syndrome.”
The DEA plans to slightly reduce its quota for federal government approved weed to about 978 pounds annually in 2018. The agency doesn’t know when additional grow sites could be confirmed to produce plants for medical research.
Thank You to WeedWeek's First Sustaining Member:
Spencer Vodnoy
CEO, Critical Mind Inc. Adelanto, CA
Affiliations: CA State Bar; Board Member, Adelanto Growers Association
www.cb1labs.com
Critical Mind, Inc. is a Medical Cannabis Cultivation and Manufacturing Facility located in Adelanto, CA. Providing the highest quality Cannabis products. Compliance without Compromise!
Promote your brand here with a contribution on Patreon.
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Criminal Justice
Right-wing pundit and NRA spokeswoman Dana Loesch said the gun group didn’t defend black gun owner Philando Castile, who was fatally shot by a cop, because he had marijuana on hand. The NRA itself has not commented on the killing.
The Atlantic examines how plea bargaining, including for pot offenses, has corrupted the criminal justice system.
AG Sessions wants a judge known as “Hang ‘Um High Henry Hudson on a sentencing panel. Victims of crime largely oppose tougher criminal penalties for perpetrators.
A New York Times op-ed calls the American criminal justice system “exceptional in the worst ways possible.
Vice interviews Mexican Drug Lord El Chapo’s lawyer. Jeffrey Lichtman previously represented mobster John Gotti.
Two former Kern County, Calif., (Bakersfield) sheriff’s deputies were sentenced to probation, for stealing pot from evidence lockers and selling it on the black market. The judge spared them prison time due to the “unwavering support” of their wives.
In the Philippines, fishermen said police have been ordering them to dump the bodies of murdered drug suspects in Manila Bay.
A man was shot and killed in Madera County, Calif. (near Fresno) after confronting “guerrilla” growers on his property.
In California’s national forests, toxic waste from illegal pot farms is far worse than expected.
A lawsuit claims Seneca, S.C., police have used a pot charge to intimidate a witness to not cooperate in a federal investigation of a fatal police shooting.
A federal judge dismissed a civil rights suit filed by a woman whose three dogs were shot and killed by police during a Detroit pot raid.
Seattle fined the organizer of a small, private cannabis event, and then dropped the fine when a reporter asked about it.
The sheriff of Calaveras County, Calif., is under scrutiny for using pot revenue to bust illegal grows.
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Bye,
Alex
Advertising policy: Advertisers and contributors through Patreon have no influence on WeedWeek's editorial content or on the content of articles that I write for other publications. In an effort to replicate the separation of business and editorial operations practiced at reputable news organizations, a WeedWeek salesperson will be responsible for all sales-related contact with advertisers and will work, as much as possible, without input from me. Any future advertising queries sent to me will be referred to a salesperson. In the newsletter, all ads and other forms of paid content will be clearly marked. I will not approach potential advertisers to solicit business, and reserve the right to reject ads if they present a conflict of interest, the appearance of a conflict of interest or for any other reason.
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