Good morning and happy Monday.
We hope everyone in and around the Northeast is hunkered down for the blizzard.
We hope you stocked up. 😉
Let’s get to it.
-JB, JR, ZH
Today’s newsletter is 454 words or about a 3.5-minute read.
📣 Quotable
“...Stable, coherent-ish policy helps foster this and it just more highlights how atypically the US is behind other countries on this. Is that kind of argument going to be persuasive with convincing Congress at this point? You know, probably not.” Marc Hauser from Cannabis Musings talking about Organigram’s newest acquisition in the burgeoning Germany market during last week’s This Week in Cannabis Live.
“But this kind of thing has an effect on the margins. And it's a constant sort of building up of that pressure that eventually the policy, economic arguments will eventually outweigh the scariness of drugs…”
Catch the full episode, linked below.
⏩ Quick hits
The U.S. Department of Justice is urging the Supreme Court to uphold the federal ban on gun ownership for cannabis users, arguing the restriction should remain in place even if cannabis is federally rescheduled. Marijuana Moment has more.
🤝 Deals, launches, partnerships
Green Thumb Industries added another $50 million to its existing credit facility, expanding total borrowing capacity to $189 million as the cannabis company strengthens its balance sheet ahead of potential growth opportunities. $GTII.CSE ( ▼ 4.53% )
⏪ In case you missed it
Jeremy and Jay were joined by Ben Larson from High Spirits and Marc Hauser of Cannabis Musings on last week’s This Week in Cannabis Live. They dove into what the latest Supreme Court ruling about Trump’s tariffs could mean for the cannabis industry and Organigram’s $OGI ( ▼ 2.78% ) big move into Germany.
In case you missed it 👇
🧪 Science & research
A major new study published in JAMA Health Forum finds that teens who use cannabis face significantly higher risks of developing psychiatric disorders — including roughly double the likelihood of psychosis and bipolar disorder — compared with non-users. Researchers tracked more than 460,000 adolescents into young adulthood. The findings don’t prove causation, but they’re likely to intensify conversations around policy, potency, and marketing.
🧳 People moves
JuneShine brands, the distribution partner behind Willie’s Remedy+ line of THC beverages, hired Kerry Hinkle as Director of Government Affairs and Regulation, according to Hinkle’s LinkedIn post.
Andrew Plonsker announced on LinkedIn that he has assumed the role of Vice President of Revenue at Weedmaps $MAPS ( ▼ 5.28% )
📰 What we’re reading
🎧 Cannabis beverages are bringing new consumers into cannabis featuring Kristin and Eric Rogers (LEVIA) | The Dime
Organized criminal networks operating grow houses in Maine: Officials | News Nation Now