CANNABIS. PHOTO: PEXELS
CANNABIS. PHOTO: PEXELS

Cannabis News | Top of the Week: 12/26

Every week, ACRONYM rounds up your Cannabis News into one handy dandy post. Find what’s important, WEED out what’s not. See what we did there? Check weekly under our Cannabis category for up to date news!

 


What Trump’s Pardon Means For This Man Who Served 13 Years In Prison For Marijuana (MarijuanaMoment.net)

PUBLISH DATE: December 25, 2020

THE BOTTOM LINE:

“Weldon Angelos got the call from Sen. Mike Lee (R-UT) on Tuesday and broke down in joy. He had just received a presidential pardon for a federal marijuana conviction that cost him over a decade in prison.

Since having his sentence reduced and being released from a mandatory minimum sentence in 2016, Angelos has committed himself to advocating for criminal justice reform. He’d served 13 years, and he knows intimately the inequities of the system. Now, a GOP senator told him on the other end of the phone, that his conviction—and the lingering consequences it has on his life—are null and void.

It was one of the more overlooked pardons this week, as President Trump also granted clemency to a slew of allies and controversial figures such as Roger Stone, Paul Manafort, former Republican members of Congress and the team of four private military contractors convicted of killing 17 Iraqi civilians in the 2007 Nisour Square massacre. But to civil rights advocates, the Angelos pardon represented a step toward justice.”

READ MORE: (MarijuanaMoment.net)

When can I buy legal weed in New Jersey? Here’s what experts think (NJ.com)

PUBLISH DATE: December 26, 2020

THE BOTTOM LINE: 

“Officials must still fully seat the Cannabis Regulatory Commission, which will design and oversee regulations and licensing. Municipalities need to adopt ordinances and regulations of their own, marijuana growers must increase the amount of product in the state and new dispensaries need to apply for and receive licenses, roll out business plans and set up shop.

And, not to forget, Gov. Phil Murphy still needs to sign the legislation into law.

‘It’s still too early to tell’ when sales will begin, said Jeff Brown, who oversees the medical marijuana program and was recently named executive director of the Cannabis Regulatory Commission. ‘We need a law. Just from a supply perspective, we’re looking at really a need to continue to expand medical, and also prepare for broader legal sales. For both, it involves doing regulations.’”

READ MORE: (NJ.com)

It may be legal, but high prices and inconvenience may drive black-market marijuana for years (BangorDailyNews.com)

PUBLISH DATE: December 26, 2020

THE BOTTOM LINE: 

“‘Weed is just cheaper on the black market,’ the 31-year-old retail manager said. ‘And I can text my dealer whenever and he’s got me.’

In the first two months of legal marijuana sales, Maine has generated more than $2.4 million in revenue, a figure that’s only expected to grow as more than 200 retailers await licensure.

But high prices and a lack of supply are driving many Maine cannabis consumers back to the streets, where weed remains much cheaper and plentiful. The state stands to lose millions in cannabis revenue in the coming years before the recreational supply here catches up with demand and retail prices finally begin to drop for consumers.”

READ MORE: (BangorDailyNews.com)

Legalize marijuana campaigns in Florida move ahead. But will politicians back recreational pot? (OrlandoSentinel.com)

PUBLISH DATE: December 26, 2020

THE BOTTOM LINE: 

“In Florida, though, two separate marijuana initiatives failed to get enough signatures to make the ballot in 2020. Instead, they aimed for 2022.

Both petitions already have faced hostility from state Attorney General Ashley Moody and skepticism from GOP legislators in Tallahassee, who held hearings last year on the potential dangers of pot legalization.

But one of the most prominent supporters of legal marijuana, however, thinks resistance is crumbling on both sides.”

READ MORE: (OrlandoSentinel.com)

28 cannabis predictions for 2021 (Leafly.com)

PUBLISH DATE: December 23, 2020

THE BOTTOM LINE: See article, SO MANY HIGHLIGHTS!

READ MORE: (Leafly.com)

DEA might start issuing cannabis cultivation permits in early 2021 (MJBizDaily.com)

PUBLISH DATE: December 24, 2020

THE BOTTOM LINE: 

“‘After years of delay, the U.S. Drug Enforcement Administration could soon begin issuing licenses to businesses and institutions to cultivate cannabis for scientists researching the plant.

‘I expect them to start issuing licenses no later than the first half of 2021,’ said Richard Shain, president of Maridose in Boca Raton, Florida. Maridose is one of roughly 30 entities that have applied for the federal cannabis cultivation permits.

That assessment comes after the DEA on Dec. 18 published its final rule to expand the number of federally approved cultivators of marijuana for research from the current grower – the University of Mississippi – to at least three and as many as 15 or more.”

READ MORE:  (MJBizDaily.com)

Rand Paul Complains About Marijuana Edibles Study In Annual Festivus Grievances List (MarijuanaMoment.net)

PUBLISH DATE: December 24, 2020

THE BOTTOM LINE: 

“Sen. Rand Paul (R-KY) kept up with his traditional ‘airing of grievances’ in accordance with the Seinfeld-inspired holiday Festivus on Wednesday. And for at least the third time now, he brought up marijuana.

The senator supports cannabis reform, mostly from states’ rights perspective. But included in a government ‘Waste Report’ he published in conjunction with the holiday is a passage complaining about about $3 million in spending on studies that investigate the cannabis edible consumption habits of older people living in San Francisco.

“Really. They must not have spent a lot of time around people who love cannabis. You do NOT need to pay them to talk about it,” he quipped in a Twitter thread. “What’s next, government funding to get people to post more about their CrossFit and Keto programs?”

READ MORE: (MarijuanaMoment.net)

Survey: Majority in Germany still opposes adult-use cannabis legalization (MJBizDaily.com)

PUBLISH DATE: December 24, 2020

THE BOTTOM LINE: 

“A slim majority of eligible voters in Germany opposes legalizing recreational marijuana, according to a new poll.

The results come from a survey conducted in December by Infratest dimap – one of the leading polling agencies and research institutes in Germany – for the advocacy group Hanfverband.

The survey, along with a recent vote in Germany’s federal parliament, suggests any business opportunities from legalization in Germany might be further off than some executives predict.

The CEO of Canadian producer Aphria, for example, has repeatedly opined that Germany could be on the cusp of legalization.

The company, however, has declined to provide any facts to Marijuana Business Daily to back up CEO Irwin Simon’s theory.”

READ MORE: (MJBizDaily.com)

45 companies seek to open a cannabis dispensary in Rhode Island (TurnTo10.com)

THE PUBLISH DATE: December 23, 2020

THE BOTTOM LINE: 

Forty-five companies have purchased lottery tickets to open one of six new medical cannabis dispensaries in Rhode Island, according to the Department of Business Regulation.

The Providence Journal reports that if all applicants meet state requirements six will be randomly selected to operate in different regions across the state.

Applicants were required to pay a $10,000 fee and submit detailed financial information and proof they have a physical site.

READ MORE: (TurnTo10.com)

Federal vape provision could affect cannabis (Newsletter: December 23, 2020) (MarijuanaMoment.net)

PUBLISH DATE: December 23, 2020

THE BOTTOM LINE: 

A vaping provision tucked into the 5,593-page stimulus and spending bill that Congress passed appears to ban marijuana and CBD vaping devices from being mailed by the U.S. Postal Service and places rigorous requirements on online retailers. 

READ MORE: (MarijuanaMoment.net)

Marijuana sales data reveal Americans bought 67% more weed to survive 2020 (Leafly.com)

PUBLISH DATE: December 22, 2020

THE BOTTOM LINE: 

“In a year confined and defined by the coronavirus pandemic, Americans turned to cannabis in record numbers.

Americans spent nearly $18 billion on cannabis in 2020. That’s 65% more than last year.

State tax and revenue data acquired and analyzed by Leafly reveal that nationwide sales of medical and adult-use marijuana increased by 67% over 2019.

Americans purchased $17.9 billion in cannabis products over the past calendar year, $7.2 billion more than the $10.7 billion in sales the previous year.

Medical marijuana is now legal in 37 states, while 15 states and Washington, DC, have legalized cannabis for all adults.”

READ MORE: (Leafly.com)

 

 

Check back next week in our Cannabis Section for more news, products, and more!

 


 

ACRONYM ZINE strives to bring you the newest in Music, Politics, Pop Culture, and more by hunting down stories that matter most to you and those around you. To continue supporting ACRONYM, please visit any of our sections, share stories on your social media accounts, and make sure to like/follow us on the following sites:

 Instagram |  TikTok  |  Facebook  |  Twitter  |  Ko-Fi  |  Twitch

 

Founded and operated under ACRONYM LLC. To learn more, visit acronymofficial.com.

 

Share:

Share on facebook
Facebook
Share on twitter
Twitter
Share on pinterest
Pinterest
Share on linkedin
LinkedIn

Post a Comment

Related Posts