Global Ganja Report

New York and New Jersey are notorious rivals. Especially New York City denizens see themselves as metropolitan sophisticates and view their neighbors across the Hudson River as rubes. But the two states are now racing to see which will legalize cannabis first. There are formidable obstacles in both states, but New Jersey is clearly ahead.

Sri Lanka has announced that it will start hanging drug convicts, ending a long moratorium on executions. Leaders explicitly hope to "replicate the success" of Rodrigo Duterte's bloody anti-drug campaign in the Philippines, which has now reached the point of mass murder. And while the imminent executions are for cocaine and heroin charges, the move comes amid a widening crackdown on cannabis. Yet proposals to allow medical cultivation provide some hope for a more tolerant model.

California health authorities dealt a blow to the burgeoning CBD business by banning preparations of the cannabinoid derived from industrial hemp rather than psychoactive cannabis. The diktat adds to the legal confusion around CBD, and highlights the need for greater clarity from the competent authorities at both the state and federal level.

In a fast and furious exchange of retaliatory tariffs, Donald Trump and Xi Jinping appear to have initiated a trade war this week. If Trump isn't careful, he could risk undermining the very domestic economic buoyancy that has helped sustain his popularity among his base. And the cannabis sector is particularly vulnerable, according to industry insiders.

A new cannabis legalization initiative is being pushed for Lebanon, long a legendary hashish producer. This time the idea has won influential international backers. And the cannabis-grower militias have actually mobilized to beat back ISIS incursions into the hashish heartland of Bekaa Valley from neighboring Syria. Is the time finally ripe for the day-lighting of Lebanon's powerful hashish industry?

Medical marijuana users who demand their right to smoke herbaceous cannabis were dealt a double whammy as Oklahoma health authorities and a Florida court each issued edicts upholding strictures on smokable forms. But is it really medical marijuana if it doesn't include the right to smoke the herbaceous form of the plant?

The election of Andres Manuel Lopez Obrador—known by his initials AMLO—as Mexico's next president is being hailed as historic, marking the first time a candidate of the left has had his victory honored. He is pledging a new, demilitarized approach to ending the endemic narco-violence. And his newly named interior minister is a vocal supporter of cannabis legalization. Will a day-lightened cannabis sector provide a way out of Mexico's long crisis?

In another sign of turning tides, a prestigious British think-tank once beloved of Margaret Thatcher has called on the government to legalize cannabis. The breakthrough report finds that a legal cannabis industry could raise £1 billion per year in tax revenues for the United Kingdom, while undercutting the black market.