capitalism

Advances for cannabis in midterm elections

leafThe Nov. 8 midterm elections saw mixed results for state cannabis legalization efforts. In Maryland, voters approved Question 4, amending the state constitution to permit the purchase and possession of up to 1.5 ounces. In Missouri, Amendment 3 passed, allowing adults to purchase and possess up to three ounces, with a provision for registered home cultivation. Similar measures failed in Arkansas and North and South Dakota. (Vox, CNBC)

New York: the taming of the 'Wild East'?

Posted on September 5th, 2022 by Bill Weinberg and tagged , , , , , , , , .

NYCNew York state is just now accepting applications for retail cannabis licenses. But the Big Apple already sees a thriving retail trade in cannabis products, from both storefronts and street stalls—more or less tolerated by authorities. What legal rights do these unlicensed operators have, and will they survive the imposition of the licensing regime?

Oregon's cannabis paradox: legal market depressed; illicit market booms

OregonIndustrial-scale illicit cannabis grow operations are being raided by police in Southern Oregon. Licit-market prices are totally depressed in Oregon, yet the illicit market continues to be evidently lucrative. What explains this contradiction, and what can be done?

Colombia: campesino cannabis cultivators face continued crackdown

Posted on June 16th, 2022 by Bill Weinberg and tagged , , , , .
ColombiaColombia is at a crossroads with the historic election of the left-populist Gustavo Petro as president. But will he be able to close the country’s cannabis gap? Big Bud is booming, while small peasant producers face continued eradication.

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.

Global industry round-up: Canada, Israel, Costa Rica, Thailand

Planet WatchThe cannabis industry is globalizing fast, which means changes for mainstays of commercial production in Europe and North America, and new players coming on line from regions such as the Middle East, Southeast Asia and Central America. Here’s a brief overview of a few entries from these categories.

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.

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