The Rush - April 18, 2024

Coalition of Justice Groups Pushes Biden to Support Marijuana Legalization Instead of Schedule III Move

FROM MARIJUANA MOMENT - ARTICLE SUMMARY: A coalition of justice groups is urging President Biden to support marijuana legalization instead of the proposed move to reschedule it from Schedule I to Schedule III under the Controlled Substances Act. The coalition argues that rescheduling alone would not address the harms caused by marijuana prohibition, particularly for communities of color disproportionately impacted by the war on drugs. They emphasize the need for comprehensive legalization that includes expungement of prior convictions, reinvestment in communities harmed by prohibition, and equity in the cannabis industry.

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Blüm Holdings Losses Down Dramatically in 2023, but Deficit Nears Half a Billion

FROM GREEN MARKET REPORT - ARTICLE SUMMARY: In 2023, Blum Holdings, a cannabis company, significantly reduced its losses compared to previous years. However, despite this improvement, the company's deficit has grown to nearly half a billion dollars. The company's revenue also dropped in 2023, but its operating expenses decreased as well. Blum Holdings attributes its reduced losses to cost-cutting measures and restructuring efforts.

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'State-Legal' Cannabis Is Not What It May Seem

FROM CANNABIS BUSINESS TIMES - ARTICLE SUMMARY: A study found that in states where cannabis is legal, a significant percentage of municipalities still prohibit retail sales. Approximately 31% of municipalities in legal states do not allow cannabis retail sales. This means that despite state-level legalization, access to legal cannabis is limited in many areas due to local bans. The study also highlights the need for policymakers to consider local regulations when implementing cannabis legalization to ensure broader access for consumers.

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The Essential 420 Toolkit: The sacred, unofficial day of cannabis is almost here again. April 20th, or “420,” reigns supreme as a special sort of “holidaze” for weed lovers around the world. Make sure your 420 toolkit is stocked with the latest innovative tech, gorgeous gadgets and premium products so you get the best experience. Of course, don’t forget to stock up on the stickiest of the sticky-icky to enjoy it with… READ MORE @CANNABISNOW

13 Dispensaries That Dared to Be Different With Great Success: Humans have a complicated relationship with convenience. We’re forever chasing shortcuts and quick fixes, implementing them wherever we can to move faster and accomplish more. Perhaps that’s why some minimally designed dispensaries find success: Their interiors don’t attract attention or intentionally engage consumers, providing little distraction from the products on display. However, streamlined shops, while great for in-and-out shoppers, cannot rival the allure and “stickiness” of craftsmanship, creativity, and eye-catching quirkiness, even if these elements take longer to create… READ MORE @MGMAGAZINE

Analysis: Patients in Medical Cannabis States Report Improved Mental Health: Cambridge, United Kingdom: Patients suffering from chronic health conditions, particularly chronic pain, report improvements in their mental health following the adoption of medical marijuana access laws, according to data published in the journal Health Economics, Policy, and Law… READ MORE @NORML

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