Global Ganja Report

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.

In Washington state, glitches in the "seed-to-sale" tracking system nearly paralyzed the cannabis industry statewide last month, costing retailers hundreds of thousands of dollars and forcing temporary lay-offs of employees. Similar headlines have been seen from across the country's legalized states—pointing to a persistent issue.

Some states that have legalized cannabis are seeing a surge in the illicit market—and attendant police raids and repression. The dystopia that legalization was supposed to leave behind has proved disconcertingly persistent. But is the problem, as conservatives claim, legalization itself—or that is hasn't gone far enough?

The arrival of 7-10 as a special day to celebrate extracts and concentrates marks the growing embrace of "dabbing" by the cannabis community. But the laws governing such products and especially their production vary from state to state. And the real risks continue to garner grim headlines that cast the cannabis industry in a very poor light.

Inauguration of a global hemp research lab has been announced at Oregon State University, where a multidisciplinary team will be working to establish standards for the worldwide industry.

Colorado has passed a law allowing Amsterdam-style public cannabis smoking in "Marijuana Hospitality Establishments," as well as a measure lowering the penalties for cannabis in quantities exceeding those permitted for the adult-use market.

Colorado's Supreme Court ruled that thanks to the constitutional changes instated by the 2012 cannabis legalization vote, police require probable cause before using drug-sniffing dogs. A dissenting opinion holds that the decision oversteps federal authority, and undermines the jurisprudential basis for Colorado legalization. Are these fears realistic?

Alexandria Ocasio-Cortez won praise from activists when she decried a white-dominated legal cannabis industry. As if to prove her point, the man she ousted in her 2018 Congressional run, Joe Crowley, is now joining an investment firm linked to the cannabis industry.

Northern Swan, a New York investment house specializing in the cannabis industry, just announced the appointment to two prominent political figures to its advisory board.