Turning the page on cannabis in the US

Wednesday will see the a new President move in to the White House, which is likely to usher in a new era of federal action on cannabis legalization in the US.

The new administration has been good news for cannabis stocks. It has also pushed some Governors to make some moves: In New York, those moves are in the right direction, but in South Dakota, not so much. Stay tuned on those fronts.

As well, last week we launched our first Cannabis Retail Newsletter – take a read through: How to serve the cannabis retail ecosystem.

We also encourage you to check out three upcoming events:

Jan. 27 | Level Up Your Online Presence

Feb. 3 | Business of Cannabis Retail Series

Feb. 24 | Cannabis Workforce Training

Stay safe and have a good week.

– Business of Cannabis

5 Must-Reads from Last Week

Aphria’s stock soars after reporting surprise profit, giving a boost to merger partner Tilray MarketWatch

Investors in this cannabis stock are leaving $800 million on the table New Cannabis Ventures

Truss CBD USA – a HEXO Corp and Molson Coors joint venture – launches Verywell sparkling CBD water in Colorado Newswire

Toronto neighbourhood has had enough of all the new cannabis stores BlogTO

Mexico releases long-awaited medical cannabis regulations Marijuana Business Daily

In Case You Missed It

South Dakota Republican Governor trying to overturn (another) election?

South Dakota gov. Kristi Noem issued an executive order indicating she is behind the effort to overturn voter-approved recreational MJ legalization & that she has the right to challenge legalization as part of her duty to defend the state’s constitution.https://t.co/GNz4wxvLsB

— MJBiz (@MJBizDaily) January 11, 2021

Revenue + Social Justice = New York to legalize

We will legalize adult-use recreational cannabis, joining 15 states that have already done so.

This will raise revenue and end the failed prohibition of this product that has left so many communities of color over-policed and over-incarcerated.#SOTS2021

— Archive: Governor Andrew Cuomo (@NYGovCuomo) January 11, 2021

Big pay for CEO, wage subsidy for average Joe

Aphria disclosed this today, after @MJBizDaily reporting identified the company as having received Canada's wage subsidy:

"Throughout the pandemic, the Company has applied for and received Canadian government funding under the Canada Emergency Wage Subsidy program" … https://t.co/nEwZPBftvs pic.twitter.com/RLgKn5F90y

— Matt Lamers 🌻 (@matt_lamers) January 14, 2021

“Joints for Jabs”

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