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NEW FROM WEEDWEEK — 12/23/20

By Alex Halperin
12/22/2020 05:39 PM GMT-0700
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The year in review

Well, at least none of us have to live through 2020 again. The year began with many in the California industry hoping for stabilization. While that certainly didn’t happen, 2020 did deliver unprecedented growth and sunnier prospects for 2021. Willis took a look at the key issues for California’s industry over the last 12 months — Covid, taxes, climate change and more — and how many businesses persevered.

Next week, we’ll have a preview of the year ahead. 

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Cannabiz awaits the vaccine

Many in the weed world view the plant as an alternative to conventional medicine. As such, it makes sense that some operators might be skeptical of the two newly approved vaccines for the coronavirus. However, Laura Bianchi, a partner at Arizona law firm Bianchi & Brandt, says operators are largely eager to protect their work forces and businesses. “I think people are anxious for some sort of resolution,” she said.

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Weed’s a hot Christmas gift

A survey from vertically integrated Glass House Group anticipates a great deal of cannabis-related gift giving through the new year. No surprise that it expects a lot of cannabis use as well. Of survey respondents, about two-thirds plan to give flower as a gift. Find out what else they’re thinking about how cannabis will help them endure this strange holiday season and ring in the new year. 

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