Global Ganja Report

China's ambition to get in on the "cannabis boom," providing hemp for the global CBD market, is now making international headlines. But marijuana is more harshly proscribed in China than just about any other country in the world, and the People's Republic continues to execute thousands every year for drug crimes.

Idaho is considering legislation that would raise the number of signatures needed to get an initiative on the ballot—in an apparent bid to undercut a medical marijuana legalization effort. Local activists with the Idaho Cannabis Coalition are saying the law would be "tyranny."

After what has been an agonizing delay for many patients, Louisiana's first medical marijuana harvest has just cleared inspection. But there are still more hurdles before the first extracts and tinctures will begin arriving in the state's nine approved pharmacies. 

With cannabis now legal in 10 US states as well as Canada, demands are growing to wipe out past convictions for personal possession. Politicians have started to respond—but not fast enough for some advocates.

Last month, the DEA enthused the pharmaceutical industry but disappointed cannabis advocates by re-scheduling the drug Epidiolex—but not CBD, the cannabinoid that makes it work. Now word emerges of a letter to the DEA by the Food & Drug Administration essentially calling for the descheduling of CBD altogether.

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.

High Times magazine's Las Vegas Cannabis Cup, scheduled to open March 4 on Moapa Pauite tribal land outside the Sin City, has been threatened by the federal Justice Department. A letter to tribal authorities warning against the event comes as the Trump administration is making noises about a more intolerant approach to the cannabis economy. Cup organizers now say no actual cannabis will be allowed at the confab, local KTNV reports. But the event itself is still on—a trade show, capped by a concert headlining rapper Ludcaris to celebrate the passage of Question 2, Nevada's legalization initiative.

The results of the Nov. 8 elections really indicate the schizophrenic nature of American political culture at this moment. Amid the fear and loathing over the election of the fascistic Donald Trump as president, big gains were registered for cannabis freedom. Voters in California approved Proposition 64, legalizing  up to an ounce for those 21 and older, and allowing individuals to grow up to six plants. The measure also permits retail sales and imposes a 15% tax. Similar measures passed in Massachusetts, Maine and Nevada, bringing the percentage of Americans living in states where cannabis is legal for adults up from five to 20 percent. Only Arizona's Proposition 205 was rejected by the voters.