Global Ganja Report

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.

Hemp and hemp-derived CBD were officially legalized under the 2018 Farm Bill, but the US Department of Agriculture has failed to bring its regulations into conformity with the new federal law—until now. Interim regs have just been issued by the USDA, with a 60-day public comment period to follow—meaning a final rule will likely be in place in time for next year's planting season.

Having cannabis removed from the federal list of controlled substances has long been the holy grail of legalization advocates. Several bills have now been introduced on Capitol Hill to do exactly that. Do any stand a chance of becoming law in the current polarized climate?

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.

New York's Gov. Cuomo is broaching a cannabis common market for the tri-state area, joining with New Jersey and Connecticut to harmonize regulations and even cooperate in joint purchasing. But the move is being considered partly as a reaction to the vaping scare, and official statements reveal some dangerous confusion as to the distinction between vaping cannabis extracts and smoking actual cannabis.

The Trump administration has issued rules allowing drug tests (including for cannabis, of course) for those receiving unemployment benefits. But as more states embrace legalization, pressure is mounting to do away with cannabis testing for workers altogether.