Governor's cannabis scorecard released
NORML released its 2019 Gubernatorial Scorecard, rating US governors based on where they stand on cannabis policy. Twenty-seven US governors received a passing grade of 'C' or higher (22 Democrats, 5 Republicans). Of these, nine US governors - all Democrats - received an 'A' grade, marking a significant increase since 2018, when only two governors received 'A' grades.
Cannabis spending goes higher
Worldwide consumer spending on legal cannabis is expected to reach an estimated $12.2 billion in 2018, a significant jump from $9.5 billion in 2017, according to a new report from Arcview Market Research and BDS Analytics. The report forecasts that spending will accelerate in 2019, jumping 38% to $16.9 billion, and going on to reach $31.3 billion in 2022.
Is Texas ready to join the club?
Will this be Texas' year? Will lawmakers build a viable medical cannabis program or limit patients' access to effective medicine? Currently, only "registered patients with intractable epilepsy who have exhausted other treatment alternatives can purchase low-THC CBD oil-the only form of cannabis that's legal in the state." Currently, there are two key medical cannabis bills in action. Do the right thing, Texas.
Get answers to Michigan's legalizationNCIA's State Regulations Committee is hosting an interactive webinar to help answer pressing questions, like what happens next and what should market entrants be doing to get ready. Join Maureen McNamara, Michael Cooper, and Barton Morris as they help fill in the blanks for adult-use regulation in Michigan. Register here.
Come meet us in Boston!
We're hitting the new year running and will be attending the Seed to Sale show in Boston next month. We'll be walking the showroom floor, meeting new people, and hopefully meeting YOU. Want to grab a beverage and talk marketing or just hang out? Get in touch!
We're in LA, too
We're also attending The North American Cannabis Summit on January 28-30 in Los Angeles. The summit will feature public health officials, government representatives, and regulatory, health, science, social justice, and equity professionals from across the United States, Canada, and Mexico discussing the most pressing and debated topics surrounding cannabis. Let's connect!