CannaBeat is a weekly digest of news, business, and culture in the cannabis industry curated by members of Emerge Law Group’s distinguished Cannabis Industry Group.
U.S. Federal News
Don’t Expect Governors to Heed Biden’s Weed Plea
Many Democrats have already taken steps to provide relief to people with convictions, while Republicans dismiss the move as a political ploy.
How Do U.S. Marijuana Policies Compare Globally After Biden’s Pardon?
Places where it is legal to recreationally use cannabis include Uruguay, Canada and Malta. In some cases, there are restrictions on age, quantities and transport of the drug.
State Legalization Efforts
These States Are Voting On Marijuana And Psychedelics Legalization On Their November Ballots
Voters in five states will decide on marijuana legalization on their November ballots—and voters in one state will have the chance to enact a historic reform to legalize psychedelics possession. As Congress continues to stall on broad drug policy reform, the wave of state-level policy changes stands…
Oregon
Nonprofit Suspends Retail Cannabis Grant Program After City Funding Dries Up
For over four years, a Portland nonprofit has provided grants to Black and Brown cannabis entrepreneurs to help kick-start their businesses. It did so through Prosper Portland’s Cannabis Business Development Equity Program, which is funded with money from the city’s share of revenue from cannabis ta…
California
Nearly 1 Million Cannabis Plants Seized During California Crackdown
Nearly one million marijuana plants were seized in California during a statewide blitz to combat the illegal cannabis market. The crackdown was led by the California Department of Justice’s Campaig…
New York
New York City’s First Cannabis Boss Wants to Combat ‘Cannaphobia’
Dasheeda Dawson, a native New Yorker, returns home to direct the effort to build cannabis businesses and to absorb the illegal market into the new legitimate one.
Business
Marijuana Financial Restatements Show Industry Still Maturing, Insiders Say
The marijuana industry has an accounting problem, with a number of companies correcting errors in financial statements through restatements.
Sorry, But Cannabis Legalization Means Regulation, Not ‘Do As You Please’
While we should be making the industry about patients and social equity, the rules of modern capitalistic states means commerce is regulated and navigating these regulations is easier with deep pockets.
Sports
Major League Baseball Teams with CBD Company in $30 Million Partnership
MLB executive says deal will make CBD a bigger part of the “health and wellness regimen of our players and fans.”
Culture
Hispanic Cannabis Professionals Discuss Opening Doors for Their Community
As National Hispanic Heritage Month winds down on October 15, Newsweek spoke to Hispanic workers in the cannabis industry on how they’re changing the field.
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