Global Ganja Report

The networking group CannaGather held its fifth confab at lower Manhattan's Galvanize venue Sept. 28, bringing together some 200 entrepreneurs, investors, press and activists from throughout the New York metropolitan area. Inspired by the New York tech industry meet-ups of the dot-com boom in the late '90s, CannaGather hopes to similarly connect people in a burgeoning industry and help spur its growth.

It's an ominous sign that even as California is on a countdown to cannabis legalization, to take effect in January, big pot raids continue in the Emerald Triangle. The most recent to make local news came on Aug. 22, when the Humboldt County Sheriff's Office Drug Enforcement Unit launched a three-day operation in the Conklin Creek area of Petrolia.

Pollution from outlaw cannabis grows deep in California's national forests is far worse than previously thought, and has turned thousands of acres into virtual toxic waste dumps. That's the sobering assessment of an Aug. 6 Reuters report on the mounting ecological impacts of outdoor cultivation in the Golden State, which accounts for upwards of 90% of illegal marijuana production nationwide.

Hemp Business Journal reports that products infused with CBD oil are leading growth in hermp-derived products sold in the United States generally, which in 2016 had a collective retail value of $688 million. This figure represents a five year 22% compound annual growth rate (CAGR). Joining more traditional products such as shelled seed, protein powder, soaps and lotions, are growing lines of medicinal preparations such as CBD edibles. Hemp-derived cannabidiol (CBD) accounted for $130 million in sales last year.

The first decisive step toward the liberalized atmosphere for cannabis across much of the country was quite arguably San Francisco's Proposition P of 1991—the popular initiative that protected medical marijuana use in the city. So it's heartwarming that the City by the Bay has just established an Office of Cannabis to oversee legal sales. 

Three of the Balkan states to emerge from the ashes of Yugoslavia a generation ago are now among the first countries in the ex-communist world to move toward embrace of medical marijuana.

Oregon voted to legalize cannabis way back in November 2014, but promises of state coffers filled with canna-dollars are apparently being held up by an arcane bureaucratic logjam. Newsweek just noted a May 5 report from Oregon's KWG News finding that the state has brought in close to $75 million in cannabis tax revenue since the start of 2016—yet not a penny has gone to actually closing Salem's yawning $1.6 billion budget deficit.

After Colombia's government issued long-awaited regulations on legal cannabis cultivation for the medical market, the southern region of Cauca is anticipating a boom—and a fight for the soul of the nascent industry. On April 10, the Health Ministry released Decree 613, finally implementing Colombia's promised medical marijuana program. The decree guarantees "secure and informed" access to cannabis seeds by licensed companies, fully implementing the program established in principle by Law 1787, passed in July 2016.