IN THE NEWS — 2/6/21
Happenings:
- Senate Majority Leader Chuck Schumer (D-N.Y.) met with cannabis stakeholders to discuss his forthcoming proposal for federal legalization.
Marijuana Moment - In Schumer’s home state of New York, progressives threatened to derail Gov. Andrew Cuomo’s (D) legalization push. And a fight is underway about how to spend the future tax money.
Marijuana Moment, Bloomberg - Both houses of the Virginia legislature voted to legalize REC, paving the way for the market to open…in 2024.
Virginian-Pilot - MSO Green Thumb Industries filed to uplist its stock to a major U.S. exchange.
- One time high-flying social network MassRoots says it’s on the rebound, despite a staggering net loss of $142M for the nine months ending in September. The company’s total liabilities approach $84M.
Green Market Report - The secondary market for buying and selling licenses has never been hotter.
MJBiz - A Leafwire study asked what has to happen for industry professionals to feel comfortable at in-person events. (Leafwire is a WeedWeek advertiser.)
Benzinga - A study looked at differences in product choices between older and younger consumers.
Journal of Psychoactive Drugs - California cannabis workers are eligible for early Covid vaccines.