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Denver turned marijuana into money for after-school programs. Other cities are taking note.

Denver’s after-school programs have been a major beneficiary of the city’s special retail marijuana sales tax. As efforts to legalize marijuana spread, after-school leaders in dozens of cities are taking this lesson home.

Last year Denver collected about $46 million in marijuana tax, said Denver Mayor Michael B. Hancock. The Denver Afterschool Alliance now receives $1.5 million yearly for after-school and summer learning programs and has expanded programs in under-resourced neighborhoods and provided more training for the program staff.

Link to story: http://bit.ly/2qai1mt

Chart of the Week: Thanksgiving Week Cannabis Sales Boosts

As shoppers head out to prepare for Thanksgiving and participate in Black Friday sales, data from two firms show consumers may be upping their purchases of marijuana products as well.

Data from Seattle-based Headset reveals that 2018 sales on “Green Wednesday” – the day before Thanksgiving – increased 63% over the average Wednesday.

Key Committee In Congress Approves Marijuana Legalization Bill

In a surprising turn of events, a key Congressional committee, the House Judiciary Committee, has voted to approve the Marijuana Opportunity Reinvestment and Expungement (MORE) Act of 2019, or H.R. 3884, which would effectively put an end to cannabis prohibition in the United States of America, on a federal level by removing it from the Controlled Substances Act.

Link to story: bit.ly/2XzBZ69

 

6 States Trying to Legalize Recreational Marijuana in 2020

In case you hadn’t noticed, cannabis sales are soaring around the world. According to the State of the Legal Cannabis Markets report from Arcview Market Research and BDS Analytics, worldwide legal weed revenue more than tripled between 2014 and 2018 to $10.9 billion, and this is really just the tip of the iceberg.

Yet the United States, the most lucrative market for marijuana in the world, remains a hostile place for cannabis, at least at the federal level. Despite growing support among the public to legalize cannabis on a national level, lawmakers have stood pat on their Schedule I classification of pot. This ensures it remains entirely illegal at the federal level.

Link to story: bit.ly/32T7Qjj

 

Cannabis packaging is trash. These companies are doing something about it

After a few years of prolific vaping, generous edible consumption, and the dawn of the individually packed preroll, the plastic has really piled up from the cannabis industry. Though it’s easy to point the finger at regulations for child-resistant packaging as the major culprit, limited innovation hasn’t helped. Until the fossil fuel derivative becomes fully renewable, plastic waste is the ultimate buzzkill.

The lack of sustainability in the cannabis sector has been apparent for a few years now. Developing vapes without lithium batteries and creating fully childproof packaging still isn’t universal. Real changes on a legislative and industrial level must be made or the needle won’t move much, and the Great Pacific Garbage Patch will continue to grow if we do nothing.

Link to story: bit.ly/2Xch4WS

 

Type I, Type II, Type III: How Science Is Changing the Way the Industry Describes Cannabis Varieties

Human brains are wired for categorization. These systems help us navigate the world and communicate with one another more efficiently. But with more than 400 active chemical compounds associated with the many variations of Cannabis sativa L.—and an infinite number of combinations these phytochemical constituents can take in flower-form—arriving at an appropriate and accurate consensus on chemovar categorization across the cannabis industry has been tough. This is especially problematic within the context of the market’s binary legacy.

How we talk about cannabis chemovars matters. Now, more than ever before, science is revealing new ways to categorize this plant’s effects.

Link to story: bit.ly/2NzagPF