Global Ganja Report

The Oklahoma Board of Health has issued new rules to oversee the state's medical marijuana program, and advocates are relieved that the ban on smokable herbaceous cannabis has been removed. However, concerns remain about other restrictions that could make it essentially impossible for cannabis business to function in the state.

After three years of mounting discontent from patients and providers alike, Florida's medical marijuana chief Christian Bax is stepping down. He leaves office as state health authorities prepare for a tsunami of applications for a few highly coveted marijuana licenses.

A fire swept through one of California's premier cannabis cultivation facilities, at Greenfield in Monterey County's agricultural Salinas Valley—destroying several greenhouses, and a large quantity of product. Authorities say an investigation is underway. But the timing of the blaze does raise eyebrows—it started at exactly 4:20.

The main alcohol industry trade association has just signaled its support for cannabis legalization—despite a seeming history of intriguing against it. With a shift in public consciousness and potential for synergy in cannabis-infused wine, beer and cocktails, the booze biz may be adopting an attitude of "If you can't beat 'em, join 'em."

Compassionate care—providing medical marijuana to the ill—was what first opened legal space for cannabis in California a generation ago. But the state's Adult Use of Marijuana Act only regulates commercial businesses—leaving caregivers in legal limbo.

New York and New Jersey are notorious rivals. Especially New York City denizens see themselves as metropolitan sophisticates and view their neighbors across the Hudson River as rubes. But the two states are now racing to see which will legalize cannabis first. There are formidable obstacles in both states, but New Jersey is clearly ahead.

California health authorities dealt a blow to the burgeoning CBD business by banning preparations of the cannabinoid derived from industrial hemp rather than psychoactive cannabis. The diktat adds to the legal confusion around CBD, and highlights the need for greater clarity from the competent authorities at both the state and federal level.

In a fast and furious exchange of retaliatory tariffs, Donald Trump and Xi Jinping appear to have initiated a trade war this week. If Trump isn't careful, he could risk undermining the very domestic economic buoyancy that has helped sustain his popularity among his base. And the cannabis sector is particularly vulnerable, according to industry insiders.