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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife News Network.

Cannabis Security: 9 Pro Tips to Protect a Growing Industry

In the past, robbers used to target banks if they wanted large sums of cash quickly, but with many states legalizing cannabis, cannabis retail stores have become easy targets.

 

 

This is because marijuana is still illegal per federal law, meaning those businesses are very cash-reliant because they aren’t able to accept credit cards—and many experts believe the federal government will not make marijuana legal anytime soon. Meanwhile, legal sales at the state level are expected to total $33 billion this year.

As a result, security is a top priority.

Here are 9 ways security managers can protect cannabis establishments, with professional insights offered during SIA’s recent symposium:

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What is social consumption of cannabis, and when will it start in Massachusetts?

In the final hours of the legislative session in late July, Massachusetts lawmakers passed a sweeping cannabis bill aimed at boosting the industry. One of its provisions: tackling social consumption.

Once the bill becomes law, cannabis cafes will be one step closer to being able to open in the Bay State.

 

What is social consumption of cannabis?

Social consumption refers to being able to use cannabis on the premises where it was purchased. In other words, these establishments will be like bars, but for cannabis instead of alcohol. Instead of a pitcher of beer, customers can enjoy a blunt on a patio with friends at a cannabis lounge, or they can order an edible at a restaurant.

Hemp Podcast Rooted in Ag Progress

Four years ago, we started publishing weekly episodes of the Industrial Hemp Podcast. This was about 5 months before the Farm Bill was signed into law that made hemp a legal commodity crop.

But it was five years ago — at Ag Progress Days 2017 — that some very important seeds were planted in my mind.

2017 was the first year that Pennsylvania farmers could apply for a researcher permit to grow hemp. And Penn State was among the 14 research permit holders.

At Ag Progress Days that year, some folks from the Pennsylvania Hemp Industry Council gave a presentation in a sweltering pole barn.

Arizona Marijuana Grower Launches New ‘Private Reserve’ Flower

American Green has announced that it’s begun selling its own American Green branded “Private Reserve“ premium cannabis flower in Arizona. TruMed in Phoenix, AZ is the first dispensary to offer the product. American Green has started to market their Private Reserve flower to over 70 Arizona dispensaries where their cannabis products are already being sold under the Curaleaf brand.

The company’s “top shelf” flower is being grown in its Sweet Virginia facility.

The California Department of Fish and Wildlife (CDFW) teams up with Mendocino County for cannabis technical assistance workshops

The California Department of Fish and Wildlife (CDFW) and Mendocino County have teamed up to hold a series of cannabis technical assistance workshops in August and September.

These technical workshops are ideal for new and legacy farmers as well as cannabis consultants. Mendocino County’s permitting staff and CDFW’s cannabis program staff will be available to discuss project specific technical questions, compliance and cannabis grant program opportunities. Representatives of the Department of Cannabis Control and the State Water Resources Control Board will also be available.

Cannabis Commission Proposed for Illinois

To simplify the state’s regulation of the legal cannabis industry while working to reduce litigation and the specter of politics, some in Illinois are looking to create a statewide cannabis commission.

As it is right now, entrepreneurs in the adult-use and medical cannabis industry in Illinois have multiple state agencies they have to work through to get licensed and regulated. Application fees can be expensive and meeting various other requirements like being an social equity applicant can add more burdens.

State Rep. Marcus Evans, D-Chicago, wants to reduce the touch points by creating a cannabis commission similar to the state’s liquor or gaming commissions.

Major Marijuana stocks lost 77% of Market Cap in last 12 Months

Marijuana stocks’ performance is often subject to what is happening in the cannabis industry. In the last couple of years, the cannabis industry has seen significant change and innovation both in the U.S. and internationally. 

Currently, more than half of U.S. states have legalized marijuana in some form, and the more legalization occurs, the more advancement can be had in the industry. 

However, with the rise of inflation and disturbance that have hit the Nasdaq, pushing stocks officially into bear territory, marijuana stocks also lost a lot of ground. The three primary players on average lost 77% of their market cap in the last 12 months.

Bill Legalizing Intoxicating Levels of THC received little Scrutiny from Lawmakers

Many Minnesotans seemed surprised to learn last month that edibles and beverages including an intoxicating level of THC had been legalized by the Legislature. It turns out many lawmakers were surprised, too.

After a 5 EYEWITNESS NEWS review of the legislative hearings regarding the THC legislation, it shouldn’t be surprising so many were caught off-guard. In three legislative hearings we reviewed, the impact of the legislation was never clearly explained, and not one lawmaker asked a question of the bill authors or experts who testified.

And finally… as high as possible

The world’s tallest-ever hemp building has been erected in South Africa.

The 12-storey building at 84 Harrington Street, Cape Town was built by local companies Hemporium and Afrimat Hemp using hempcrete blocks and building systems.

Duncan Parker, founding partner and CEO of Hemporium, said: “I bought 84 Harrington in 2016, with the idea being that it would become the flagship Hemporium store, a steak restaurant, and house the ‘Hemp Hotel’, a place where people can experience living in a hemp-constructed space.

“From a sustainability and eco-construction perspective, we wanted to take hemp construction in South Africa to the next level, while also contributing to the inspiring hemp construction projects being undertaken globally.

Recreational marijuana amendment blocked; medical marijuana business owners conflicted

SHERWOOD, Ark. – A proposed recreational marijuana amendment is rejected by election commissioners, but that does not necessarily mean it will not be on the November ballot.

Today’s decision came after Responsible Growth Arkansas’ submitted nearly 200,000 signatures to the Secretary of State’s office last month.

The board’s ruling had to do with the language in the amendment that does not include a limit on THC proportion, which is responsible for marijuana’s effects on the mind.

“Anyone who wants to use cannabis today has a source of finding cannabis,” said Bryan Faught, CEO of Natural Relief Dispensary in Sherwood. “Legalizing it just makes it easier for them and brings the money where it belongs.” Others in the medical marijuana industry do not agree.

Massachusetts lawmakers OK measure to provide capital to social equity Cannabis Licensees

Massachusetts Governor Charlie Baker is expected to sign into law S.3096, a measure aimed at supporting the 900 people harmed by the War on Drugs that have been enrolled in the commonwealth's social equity program as well as future members of the program.

The measure sets aside 15% of the revenue in the state's marijuana regulation fund generated by cannabis businesses to provide capital to social equity licensees. Cities and towns would have to prioritize equity applicants. The measure also includes language to pave the way for municipalities to incorporate social consumption lounges into communities for the first time.

Three Springfield businesses awarded conditional cannabis licenses

Among the 177 issued conditional adult-use cannabis dispensing licenses announced recently by Gov. JB Pritzker were three Springfield-based operations looking to open their doors in the coming months.

Herban Quality Control, Dealership LLC, and Bolden Investments III LLC now have 180 days to find a physical storefront before being issued a full license which permits the sale of cannabis to Illinoisans age 21 and older.

Now the Illinois Department of Financial and Professional Regulation only has eight remaining conditional licenses to grant. A total of 185 licenses were allowed after a Cook County judge lifted a legal stay in May.

Lawsuit: Shops in Catoosa, Dade Counties claim legal right to sell products with THC

CATOOSA COUNTY, Ga. — A new lawsuit in Georgia seeks a court order declaring that a chemical related to the main intoxicating ingredient in pot is legal under state law.

Owners of two shops in northwest Georgia are hoping to get a court to order a local sheriff and a drug task force to let them sell chemicals containing hemp that are now considered legal by the federal government.

The shops issued a motion requesting an emergency injunction and temporary restraining order, which would prevent Catoosa County Sheriff Gary Sisk and the Lookout Mountain Judicial Circuit Drug Task Force "from conducting any arrests or civil asset seizures against individuals or businesses based on the sale or possession of products containing hemp extracts," which includes Delta products.

What does a Cannabis Testing lab do? New Grand Rapids Lab tells us

Hummingbird Labs is opening on Division Avenue Southeast, to make sure cannabis products are safe before being sold in stores.

GRAND RAPIDS, Mich. — A new business is taking shape on the south side of Grand Rapids — a cannabis testing facility to make sure products are safe before being sold in Michigan stores. Hummingbird Labs will be the first African-American-owned cannabis testing lab in Michigan.
 

While the building on the corner of Albany and Division Avenue Southeast sits empty now, two West Michigan natives have bigger things in store for the space. Co-founders Glen Clanton and Dr. Paul King say there are only four labs open in West Michigan. 

Stafford man jailed after £30,000 of Cannabis Discovered due to House Fire

A man has been jailed for more than four years after £30,000 worth of cannabis was found at the scene of a house fire in Stafford.

Staffordshire fire crews had attended a house fire on Taplin Close on April 29, 2020, and alerted police of a possible drugs set-up inside. They raised concerns after spotting dangerous electrical wiring running from fuse board along the stairs, Stafford Crown Court heard.

Firefighters extinguished the blaze and officers discovered 60 cannabis plants – and an electricity bypass at the property – during the search. Mark Baglin, from Taplin Close in the town, was arrested and a search of an additional address revealed a bin-bag of cannabis hidden in the loft.

Denver’s marijuana tax revenue Increased by 3 % Last Year

Denver's tax revenue from marijuana sales increased 3 percent in 2021 to $72.4 million, according to the city's annual marijuana tax report. 

The figures come as Colorado's marijuana industry is facing a slowdown. So far this year, more than $759 million of marijuana has been sold in Colorado compared to the $962 million sold around the state in the first five months of 2021, according to data from the Colorado Department of Revenue. 

Overall marijuana sales in Denver are down despite the increased tax revenue, with more than $167 million sold so far in 2022 compared to over $222 million sold between January and May 2021. 

Colorado regulators won’t sanction job-seekers with out-of-state cannabis convictions

State agencies also won't cooperate in any out-of-state investigations into lawful marijuana conduct that occurs in Colorado.

Gov. Jared Polis last week vowed by executive order that Colorado will not hold out-of-state convictions for most marijuana-related offenses against people applying for professional licenses here.

The Boulder Democrat wrote in his order, “There is a workforce shortage in Colorado. Employers are having difficulty recruiting and retaining qualified employees, many of whom need professional licenses. The exclusion of people from the workforce because of marijuana-related activities that are lawful in Colorado, but illegal in other states, hinders our economy and our state.”

Weed? Useful crop? Only time can tell where ag will go

Township weed officers once sought out dangerous weeds. Some now noxious weeds were imported on purpose. Hemp has gone through cycles of use. Where ag will go, Mychal Wilmes says, is hard to guess.

Leafy spurge is a common noxious weed now, but it was brought to North America as an ornamental plant by settlers. The plants with small yellow flowers are common in southeast Minnesota’s ditches and wildlife areas. Years ago, I didn’t know about their vicious nature until heavy rain washed out pasture fencing.

The Canadian Cannabis Retail Landscape is starting to show signs of Significant Growth

Earnings season is just getting started for the cannabis sector and we hope to see a positive response from the market to company results.

Last week, Statistics Canada announced that $292.1 million (USD) (C$375.8 million) of recreational cannabis was sold in May. This amount is less than 1% higher than the amount of sales in April and we are favorable on the increase. Statistics Canada also updated the amount of recreational cannabis sales from April to be CA$373.3 million, which is slightly higher than the amount that was previously reported. (Technical420)

Breaking Down Performance by Province

Council rejects marijuana ordinance; voters to decide its fate

The Harker Heights City Council unanimously voted 4-0 Tuesday to disapprove a proposed ordinance to eliminate low-level marijuana enforcement in the City of Harker Heights.

Council member Lynda Nash was not at the meeting due to an excused absence.

In addition to disapproving the ordinance, the council’s motion ordered the submission of the proposed ordinance to appear on the Nov. 8 election ballot giving local residents an opportunity to vote on the issue, as required by the city charter.

City Secretary Julie Helsham reported to the council that on June 3, a petition seeking to initiate an ordinance to eliminate low-level marijuana enforcement in the city was filed with the city secretary’s Office.


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