Happy Monday.
We’re finally winding down the summer and we can’t help but wonder when we’ll know more about rescheduling. Back in July, Jay predicted we’d know more “the Friday before Labor Day.”
Let’s wait and see.
-JB, JR
This newsletter is 592 words or about a 5-minute read.
💡 What’s the big deal?
NYT ON CANNABIS
NORML deputy director Paul Armentano on what the NYT gets wrong
Yesterday, we published an OpEd from Paul Armentano NORML’s deputy director. He shared his thoughts on how the New York Times is getting cannabis wrong. A link to the full story is below. Here’s a snippet:
The New York Times is setting its sights on cannabis, again. Their primary concerns? Marijuana is too strong and too many people are using it.
However, a deeper dive into both issues reveals that there’s far more to the story than the NYT is reporting.
First, sensational claims of increases in marijuana’s potency are nothing new. In fact, the Times first began sounding the alarm about the prevalence of supposedly super-potent pot nearly five decades ago (‘A More Potent Marijuana Is Stirring Fresh Debates,’ December 28, 1978).
📣 Quotable
Nick Gillespie, the editor-at-large and the former editor-in-chief at Reason, shared a Cultivated piece that ran over the weekend.
⏩ Quick hits
Happy birthday New York legal cannabis 🥂
New York is celebrating five years of legalization – as they noted on the Office of Cannabis Management’s LinkedIn page complete with a shout-out to Governor Hochul.
Reason’s dive into cannabis research and data 🕵️
Reason.com did a deep dive/hard work into debunking some of the ‘data’ behind prohibitionists’ stats and arguments about driving high and visits to emergency rooms related to cannabis use post-legalization in legal markets.
Cannabis, beer, and Canada’s skewed tax structure 🇨🇦
Sarah Clark crunched the numbers of how Canada regulates – and taxes – beer versus cannabis. Worth a full read in StratCann. The money quote: “While the big three brewers generated over 3.5 times the domestic sales of the big three cannabis producers in their most recent fiscal reports, they paid only 1.3 times the amount of excise tax.”
⏪ Cultivated Live
Friday, the This Week in Cannabis Live crew welcomed Rachel Bell to the show. The New Yorker recently called Bell the “Curator of High Art”.
But wait, there’s more.
🚀 Deals, launches, partnerships
Glass House Brands celebrated their NYSE listing on Friday by ringing the closing bell – and Tweeting about it too. But that’s not all that happened on Friday. $MSOS finished up 3.31% on Friday. $GLAS ( ▲ 1.02% ) $MSOS ( ▲ 3.31% )
🧳 People moves
Nicholas Fozard, VP of Finance at Organigram Global, announced on LinkedIn that he was leaving the Moncton, New Brunswick company. $OGI ( ▼ 1.22% )
🎾 One fun thing
The annual complaint that the US Open smells like cannabis landed over the weekend on the cusp of the tournament. And, check out the photo that ran with this story in The Guardian:
📰 What we’re reading
Big hemp is betting Republicans roll over on ‘diet weed’ ban to avoid shutdown | Politico
Medical Marijuana Industry Grapples With DEA's New Role | Law360 ($)
Readers Have Strong Opinions About Senior Citizens Smoking Weed | Wall Street Journal