Good morning.

Later today, we’ll be joining Tony Repanich from Shield Compliance on their Cannabis Bankers’ Quarterly webinar » Cannabis & Hemp Policy: What Bankers Need to Know. Interested? Register.

-JB, JR

Today’s newsletter is 1,261 words or about a 9.5-minute read.

CULTIVATED CALENDAR

October 7 » Cultivated Live with Sarah Strickler, Co-Founder, Grown Rogue
October 22 » The Highrise → Check out the second in our NYC series and apply to attend. Event details coming!
November 12 » Pot Policy and Politics → The second installation of the Midwest Cannabis Forum, this time in St. Louis. Ticket discounts through October 12.
COMING EVENTS → Las Vegas & Buffalo

Stay tuned for more Fall 2026 events coming soon!

What’s the big deal?

TEXAS
Texas Democrats bets on hemp to take on Dan Patrick

What happened: Rep. Vikki Goodwin, the Democratic nominee for Texas lieutenant governor, runs a weekly phone bank aimed at hemp voters in her race against Lt. Gov. Dan Patrick, she said on Tuesday’s Cultivated Live. 

She's one of three Democrats on the statewide ticket campaigning against the state's hemp crackdown four weeks before Election Day.

The proof:

  • Rollback pledge: Goodwin says she'd tell the Department of State Health Services to "roll back that rule." She argues the agency changed the law without the authority to do so after Gov. Greg Abbott vetoed Patrick's hemp ban.

  • Alcohol model: She wants to regulate hemp like alcohol, with an age limit, clear labels, and testing.

  • Revenue: Her Texas CARES plan would fund healthcare with revenue from cannabis product sales.

  • Voters: Goodwin says she doesn't raise hemp first on the trail, but voters do. A veteran with PTSD in San Antonio told her it's his top issue.

Zoom in: The lieutenant governor controls which bills reach the Texas Senate floor, and Patrick used that power to push the ban through the Legislature. 

More than 600 people testified against the ban, Goodwin says, and Abbott's veto marked a rare split with Patrick. The health department's rule counts THCA toward a 0.3% total THC limit, clearing most smokable flower and concentrates, and raises some license fees to as much as $10,000. The Texas Supreme Court upheld the agency's authority in a related case in May. 

Senate nominee James Talarico called the ban "a gift to the cartels" in his race against Attorney General Ken Paxton, and GOP strategist Brendan Steinhauser told Cultivated it "could help him at the margins." Agriculture commissioner candidate Clayton Tucker pitches hemp as good for Texas soil.

What's next: Election Day is Nov. 3. Polls are split: a late-August survey had Patrick ahead 47% to 41%, while a Texas A&M poll in late July showed Goodwin up 48% to 46%.

No Democrat has won statewide office in Texas since 1994. Hemp businesses are fighting the ban in court, and Paxton is a primary defendant in that lawsuit. 

The federal hemp ban takes effect Dec. 11 after Congress delayed it one month in a stopgap spending bill, leaving lawmakers one more funding fight to change it.

The final word: "We let the genie out and now we're trying to put it back in the bottle,” Goodwin said. 

Quotable

“I’d vote no,” Massachusetts Gov. Maura Healey said of the ballot measure to repeal cannabis sales in the state. 

“We’ve got to keep recreational marijuana here in Massachusetts. It’s an important industry, the cannabis industry, and I hope the voters keep cannabis.”

As attorney general in 2016, Healey notably opposed the ballot measure to legalize cannabis at the time. Her Republican opponent, Michael Minogue, also said it’s “too late” to repeal cannabis in Massachusetts. 

Quick hits

Florida orders Trulieve to fix runoff, pay $80,000

Florida's Department of Environmental Protection found Trulieve sprayed reverse-osmosis reject water and dehumidifier and HVAC condensate onto the lawn of its Jefferson County grow without a permit, with some of it leaving the property. Under an Oct. 2 consent order, Trulieve must apply for a wastewater permit within 120 days and pay $80,000 or fund a project worth at least $120,000, though it neither admits nor agrees the findings are violations. $TRLV

Missouri hemp THC felony takes effect Nov. 12

Kansas City liquor stores are racing to clear intoxicating hemp products before Missouri makes selling most of them a class D felony on Nov. 12, with a $5,000 fine per transaction. THC products make up about 9% of monthly sales at Gomer's, whose manager says suppliers won't take back unsold stock and he won't restock. The federal ban doesn’t kick in until December. 

Georgia medical cannabis delivery could start Oct. 28

Georgia's Access to Medical Cannabis Commission unanimously approved a rule on Sept. 30 allowing home delivery of medical cannabis, with the U.S. Postal Service handling it. Once the rule clears a procedural filing with the Secretary of State, the commission's executive director says deliveries could begin as soon as Oct. 28.

DEA opens Schedule III registration for cannabis growers, processors and labs

The DEA opened Schedule III registration for state-licensed medical cannabis manufacturers, distributors and testing labs on Oct. 5, more than five months after dispensaries got their portal. Applications cost $3,699 a year for manufacturers, which covers cultivation, $1,850 for distributors and $296 for labs, and businesses that already applied don't need to refile.

Deals, launches, partnerships

CURA v ACB
Another day, another chapter in the Curaleaf v Aurora prizefight 

Curaleaf formally filed its updated offer to Aurora shareholders, raising its hostile bid from $4 to $5 per share. 

“No more excuses. The technicalities have been addressed, although no regulator required us to do so,” Curaleaf CEO Boris Jordan said on X. “It’s time $ACB management take its fiduciary responsibilities to shareholders seriously, engage in a conversation, and invite us to conduct due diligence.”

On Monday, before the bid was filed, Aurora again urged shareholders to “take no action.”

“Once filed, our Special Committee will assess the revised terms and their implications for Aurora shareholders,” the company said. 

For more background about the hostile bid, what’s underpinning it, and the back-and-forth between the two companies, read our Monday newsletter.  

And more:

  • Israel-based ingredient maker Capsoil Technologies acquired Utah extraction and refining facility Red Mesa Science & Refining to scale up its water-soluble ingredient tech.

  • Ascend Wellness Holdings opened a dispensary in Lewis Center, Ohio, its seventh in the state. $AAWH ( ▼ 1.96% )

  • Colorado cannabis company Spherex agreed to buy two Colorado grows from The Cannabist Company, which is selling them as part of its restructuring.

Lawsuits

Holistic CEO sued for $5 million over alleged fake wires

Former board member Richard Cohen sued Holistic Industries CEO Joshua Genderson in D.C. Superior Court, claiming he was promised $5 million for helping clear the company's 2024 recapitalization with Island Capital and never got paid. The complaint alleges Genderson stalled for more than a year with fabricated wire confirmations, a bank meeting where no money moved and an altered $5 million check.

Supreme Court asked to take up cannabis felon gun case

A man whose only felony is a 2015 Colorado cannabis cultivation conviction asked the Supreme Court to decide whether people with nonviolent records can challenge the federal ban on felons owning guns, citing a 6-3 split among appeals courts. The petition leans heavily on the Court's unanimous Hemani ruling this year, which found the gun ban for cannabis users unconstitutional as applied to a regular consumer.

One fun thing

Howie Mandel tells Bill Maher why he likes cannabis:

What we’re reading

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