capitalism

Has your cannabis been irradiated? And should you care?

Posted on May 23rd, 2022 by Bill Weinberg and tagged , , , , , , , .

cannabisIrradiated cannabis? Yes, it’s a reality. While it may sound scary, industry tells us not to worry. Consumer advocacy groups, however, are raising concerns.

SAFE Banking Act faces battle in Senate —again

Posted on January 16th, 2022 by Bill Weinberg and tagged , , , , .

capitolCritical legislation that would allow the cannabis industry to access financial services has passed the Democratic-controlled House of Representatives for yet a sixth time—but will likely be killed once again by the Senate, where the Democratic majority is razor-thin.

'Wild West' on the East Coast: post-MRTA free-for-all persists in New York

Posted on January 11th, 2022 by Bill Weinberg and tagged , , , , , , .

NYCThe boom in "gray market" cannabis street sales in the Big Apple since legalization took effect in New York state has now reached the point of actual unlicensed and unregulated storefront dispensaries—which are apparently tolerated. This development is raising skeptical eyebrows from aspiring cannabis entrepreneurs still waiting for Albany to put a regulation structure in place.

New York prison converted to cannabis grow facility

Posted on November 9th, 2021 by Bill Weinberg and tagged , , , , , .

New YorkIn a struggling former prison town in New York state, the closed prison is being converted into a cannabis grow facility, raising hopes for an economic renaissance. Cannabis has been posed as a post-industrial future for the Hudson Valley region, but there is a particular sense of poetic justice to this case.

Cannabis euphoria in NYC —but for how long?

Posted on October 6th, 2021 by Bill Weinberg and tagged , , , , , , , , , , .

NYCNew York's new Gov. Kathy Hochul is hyping the coming cannabis boom in the state — although no adult-use licenses have yet been issued, and the bureaucracy is just starting to move on this. Meanwhile, the cops in Gotham City are turning a blind eye to small outfits that are setting up tables in the parks and on the sidewalks, selling edibles, extracts and bud. How long will this utopian free-for-all last?

Cannabis stocks paradoxically fall on Schumer legalization plan

Posted on July 21st, 2021 by Global Ganja Report and tagged , , , , , , .

capitolIt's been a week since Senate Majority leader Chuck Schumer of New York, joined by Sen. Cory Booker (D-NJ) and Sen. Ron Wyden (D-OR), unveiled much-anticipated draft legislation to legalize cannabis at the federal level, calling it a "long overdue" move "to right the wrongs of the failed war on drugs." The proposed Cannabis Administration & Opportunity Act would remove the plant from the Controlled Substances Act, and allow states to craft their own cannabis policies as they do with alcohol. It would also create a federal regulatory framework and impose an excise tax for cannabis products. It includes measures that would expunge prior convictions and allow those serving time for applicable crimes to petition for resentencing.

Mexico: high court decrees cannabis decrim — but will it roll back drug war?

Posted on June 29th, 2021 by Bill Weinberg and tagged , , , , , , .

MexicoTwo years and counting after Mexico’s Supreme Court ordered the country’s Congress to legalize cannabis, the high court justices ran out of patience with the legislative paralysis and issued a new ruling — this one removing penalties for personal use by judicial decree.

But there is no provision for commercial production, and the decree calls for tight federal regulation even of personal possession and cultivation. Will this move prove to be at least a beginning in the daunting challenge of ending Mexico’s long and bloody narco-nightmare?

Trulieve tainted by GOP sleaze

Posted on May 27th, 2021 by Bill Weinberg and tagged , , , , , , , , , , , .

Shadow WatchThe sex scandal investigation of Florida's far-right Rep. Matt Gaetz interlocks with a controversy concerning favoritism in handing out medical marijuana licenses in the Sunshine State. And one of the key beneficiaries appears to be Trulieve, now one of the leading cannabis companies in the United States. The origins of the firm go back to a nexus of prominent state Republicans, including names currently making stomach-churning national headlines.

Who's new

  • Baba Israel
  • Karr Young
  • John Veit
  • YosephLeib
  • Peter Gorman