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House Democrats and Republicans co-publish memo on cannabis
Episode 585

House Democrats and Republicans co-publish memo on cannabis

And New York runs the risk of allowing the illicit market to flourish

Business of Cannabis: Cannabis News | Cannabis Views | Cannabis Trends · Neal Veglio

November 15, 20226m 5s

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Show Notes

Here's the latest from the "Cannabis Daily" podcast team!!

Remember, we're now dropping bonus episodes of the podcast featuring content from our Business of Cannabis: New York live event. Make sure you're following the podcast in your favorite app

Today's stories:

  • House Democrats and Republicans have co-published a joint memo ahead of a congressional subcommittee meeting on marijuana, reports Marijuana Moment
  • Politico reports that lax enforcement has allowed illicit cannabis sales to flourish — with little incentive to go mainstream. 
  • The Toronto Sun reports that licensed producers in Ontario saw their share of sales revenue fall to 60.8% in April 2022 from 74.2% in July 2019. 
  • Half a dozen CBD companies are engaged in a dispute with a payments provider which they have accused of withholding an estimated £65k of money, writes BusinessCann.

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Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.

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Topics

cbdrepublicanssubcommitteeillicit cannabis salestorontopoliticomarijuanaontariopaymentscongressionalcannabisdemocrats