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Hi,

On Saturday night, New York finally agreed to legalize cannabis. That's 19.5 million more people who now can access cannabis. Rather they will be able to access it probably in 2022. We have more details in the article but NY is looking at a 13% tax as well as an extra $3 per 100mg of THC edibles. There will be automatic expungement of criminal records for people with cannabis convictions. California, DC, New Jersey and New York are on board the Ganja Train. Jump on board, Uncle Sam!

California appointed a pro-cannabis State Attorney General. And in step forward for the industry, a cannabis company got the first loan from a federally regulated bank.

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Have a relaxing week,
Jessica

This Week's Cannabis Industry News
New York Lawmakers Agree To Legalize Recreational Cannabis More at huffpost.com...
California Gov Appoints Cannabis Industry Ally as State’s Attorney General More at mjbizdaily.com...
Why a $12 Million Oakland Business Loan Marks a Coming of Age for the Cannabis Industry More at bizjournals.com...
Connecticut Lawmakers Approve Cannabis Legalization Bill as Governor Pushes Competing Reform More at marijuanamoment.net...
Congressional Researchers Analyze 280e Cannabis Tax Penalty and Legislative Solutions More at marijuanamoment.net...
How Chicago Became the Silicon Valley of Pot More at chicagobusiness.com...
New Study: Blood THC Tests Don’t Show Impairment More at theleafonline.com...
Study Shows Cannabinoids May Help With Pathological Tremors More at hightimes.com...
How Cannabis Activists Are Taking Action in the Mexican Legalization Movement More at leafly.com...
What Cannabis, Hemp, and CBD Companies Need to Know about the PACT Act More at cannabisandthelaw.com...
Industry to FDA: No Evidence of Liver Disease or Elevated Liver Function in CBD Study Participants More at hempindustrydaily.com...
Study: ā€œNo Evidenceā€ That Medical Cannabis Access Laws Encourage Youth Cannabis Use More at norml.org...
Cool Finds
Could Cannabis and CBD Help With OCD? We Asked Experts More at greenstate.com...
Psychedelics for Obsessive-Compulsive Disorder More at projectcbd.org...
Inspiration