ME and MA campaigns to roll back legalization 🚨

"Just as cannabis reform began at the ballot box, its opponents are now using the same mechanism to try to reverse it. The groups behind these New England petitions aren’t random moral crusaders — they’re politically connected, message-disciplined and testing the waters for something bigger," wrote attorneys Joanne Caceres and Hannah King, who both work for Dentons. 

The two, in an editorial for Marijuana Moment, urged the cannabis industry to pay attention to ballot efforts to repeal legalization in Massachusetts and Maine, which they say is well-organized and could be test runs for a larger prohibitionist push. 

These campaigns should be particularly disconcerting with reports that the signature gathering campaign in Massachusetts has been deceptively misrepresenting its cause to prospective voters. 

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Grand jury report finds illicit cannabis sales across Pennsylvania 🌿

District Attorneys from Montgomery, Bucks and Chester counties in Pennsylvania released a special grand jury report about illegal cannabis products being sold across the state under the guise of hemp. The report calls for new hemp regulations that would add age-gating, licensing and testing requirements. North Penn Now has more.

Proposed ballot measure could roll back legalization in Maine 🗳️

Much like its neighbor to the southwest, Maine voters may soon have the opportunity to decide whether or not to roll back legalization in Vacation Land. Maine voters legalized cannabis in 2016, also like its neighbor Massachusetts. The new proposal, which must be approved by the state's attorney general before signatures can be gathered, would eliminate the legal sale of adult-use cannabis, as well as home grow. Marijuana Moment has more. 

Michigan industry asks court for injunction against new tax 💰

The Michigan Cannabis Industry Associationfiled for a temporary injunction against a proposed 24% wholesale tax that is supposed to go into effect on Jan. 1. The MCIA sued the state in early October, after lawmakers passed the tax as part of the state's annual budget. The state has yet to file a response to the original complaint, which was filed in the Michigan Court of Claims.

Nicole Elliott announced that she will be leaving her post as Director of the California Department of Cannabis Control at the end of the year, after about four-and-a-half years.

It’s earnings season. We’ll get a clearer picture of the financials of the biggest cannabis firms, and how they’re faring under Trump, dealing with cannibalization from the hemp-derived THC market, and more.

Here’s the rest of the schedule:

Nov. 4

Chicago Atlantic - 9:00 AM
SNDL - 10:00AM
Innovative Industrial Properties - 12:00PM
Jushi Holdings - 4:00PM
LEEF Brands - 4:00PM

Nov. 5

Aurora Cannabis - 8:00AM
Trulieve - 8:30AM 

Cresco Labs - 8:30AM
Turning Point Brands - 8:30AM
Scotts Miracle-Gro - 9:00AM
Curaleaf - 5:00PM 

Green Thumb Industries - 4:30PM

Nov. 6

MariMed - 8:00AM
Cronos Group - 8:30AM
GrowGeneration - 4:30PM
TerrAscend - 5:00PM
WM Technology - 5:00PM

Nov. 7

Canopy Growth - 10:00AM

Nov. 10 

Village Farms - 8:30AM
Ascend Wellness - 5:00PM

Nov. 11

Grown Rogue - 5:00PM

The Hidden Shortcut to Launching a Cannabis Brand | High Times

‘Trump effect’ raises hopes for cannabis rally as investors bet on federal reforms, softer marijuana stance | CNBC

Weed Drinks Can't Decide If They Belong at Parties or Pilates Class | Bon Appetit

Why I'm trying to legalize medical marijuana| Point/Plover Metro Write