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The Week in Weed: July 28, 2023

Susan Ryan by Susan Ryan
July 28, 2023
in Cannabis Capitalism
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The Week in Weed: July 28, 2023
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Susan Ryan

Welcome again to The Week in Weed, your Friday have a look at what’s taking place on the planet of legalized marijuana. This week, the information facilities round Florida and Ohio, as each states grapple with poll initiatives. We additionally observe that the nation of Albania has legalized medical hashish. And eventually, it’s all aboard the Cannabus!

FLORIDA

A number of weeks in the past, we promised “additional bulletins as occasions warrant” within the Florida poll initiative scenario. So let’s check in and see the place issues stand. Advocates of the initiative have garnered the required variety of signatures from voters within the required variety of Congressional districts. Now, the state Supreme Court docket should resolve if the initiative as written meets state necessities. The state’s Legal professional Basic takes the place that it doesn’t, and requested extra time to put in writing a quick to that impact. The Supreme Court docket granted that request, and the present submitting deadline is August 2. Polling reveals a majority of Floridians assist legalizing adult-use hashish, and the market might be fairly massive, if the initiative makes it onto the poll and voters approve it. As soon as once more, additional bulletins as occasions warrant.

OHIO

In the meantime, the state of Ohio additionally has a poll initiative drive to deal with. Supporters of adult-use legalization fell simply wanting the signatures wanted to place a measure earlier than the voters, and so they’ve been given a ten day interval to acquire the ultimate 679 signatures they want. If they’re profitable, the measure would seem on the poll this 12 months, and solely a easy majority of votes could be wanted for the measure to move.

ALBANIA

Turning our consideration to Europe, we see that Albania has legalized the usage of medical hashish. The nation’s Parliament handed the invoice with a major majority, however it seems that the brand new trade could also be extra targeted on attracting overseas funding and exporting hashish than on creating an area market.

AND FINALLY

After a state legalizes adult-use consumption, consideration usually turns to the place hashish could also be consumed. Public use is commonly not allowed, main prospects to go dwelling with their purchases. However suppose you wish to collect with your folks for some natural refreshment as a part of your marriage ceremony celebration, sport time gathering or enterprise outing – the place are you able to do this? In Denver, the reply is: the Canna Cabanabus. It’s worthwhile to carry your personal provide, though in the event you’re a part of a marriage get together, you possibly can take the bus to a dispensary. That is solely the fourth license for a cell marijuana consumption lounge town has issued, however in a time of declining gross sales, maybe the concept will catch on extra broadly.

Be nicely everybody – we’ll see you subsequent week!

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