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
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