As a new law lifts restrictions on investment in Colorado's cannabis sector, many fear consolidation by big money—a concern uniting some small operators with cultural conservatives. But others see a growth opportunity for small enterprises.
Bernie Sanders has released his plan for cannabis legalization, which features provisions to keep Big Tobacco from colonizing the new industry. But other exponents of corporate power are already getting a jump on the cannabis sector, and could just as effectively squeeze out independent operators.
As the cannabis industry is embraced by corporate power and finance capital, the patenting of strains, products and applications is an increasing concern. But the international patchwork of legality makes for a confusing environment. Illegality has served as a paradoxical break on privatizing of varieties. Growers and advocates are devising means to protect the genetic commons in the new cannabis order.
The arrest of a Rudolph Giuliani associate on suspicion of influence-peddling related to the cannabis industry has opened a window into the sleazy underside of the business. Sacramento's mayor has called for an investigation, and the FBI is said to be conducting its own probe. Legalization was supposed to take cannabis out of the hands of criminal networks, but the new model often looks like crony capitalism.
A federal appeals court in Denver has held that protections under the Fair Labor Standards Act apply to "all workers"—including those in the cannabis industry. The ruling sets an important precedent, boosting efforts to unionize the new legal industry.
With the legal cannabis market increasingly dominated by "Big Bud," more Canadians are turning to homegrown—both for reasons of economy and an ethic of self-sufficiency. And they are fighting in the courts and the public squares for their right to do so—challenging both the federal limit on plants per household and efforts by two provinces to ban homegrown outright. So far, they are winning.
Driven by the notorious market glut in Oregon, wholesale cannabis prices have predictably plunged in the Beaver State. They have done so less precipitously in other western states. But this is offset by continued high prices elsewhere in the country, especially the East Coast—making for an overall upward trend this year.
Things have moved slowly in authoritarian Thailand since passage of a medical marijuana law last year. But now one of the country's leading universities is launching a "Ganja Studies Department," and attendant research facility. With plans to train a new generation of cultivators and entrepreneurs, the crafters of the program are voicing aspirations to make Thailand Asia's cannabis leader.
Recent comments
6 days 11 hours ago
4 weeks 4 days ago
8 weeks 5 days ago
9 weeks 3 days ago
19 weeks 3 days ago
23 weeks 3 days ago
24 weeks 4 days ago
24 weeks 4 days ago
45 weeks 4 days ago
49 weeks 5 days ago