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Your Weekly Recap: US Legalizes Hemp As California Begins Strict Product Testing

Here are the top 5 stories of the past week

It’s been a crazy week so we’re here to make sure you didn’t miss a beat. Mitch McConnell drove the Senate to finally legalize agricultural hemp as part of a larger farm bill that cleared the Senate easily with a vote of 86-11 stating “…for far too long, the federal government has prevented most farmers from growing hemp.” Just days after that landmark legislation passed, California enacted its testing requirements which resulted in dispensaries quite literally dumping stock to save themselves. Most shops reported 50% off with MedMen actually reporting 75% off all products state-wide. We also released part 1 of our verticality report, Verticality In Cannabis: Growing Your Business By Growing Your Product which helps entrepreneurs really take a firm look at if growing is right for them. Without further delays, here are the top 5 articles from the past week.

 

1.

 

Senate Legalizes Hemp As Agricultural Commodity

 

2.

 

California “Fire Sale” On Unregulated Product Enters Final Days

 

3.

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June Special Report – Verticality In Cannabis: Growing Your Business By Growing Your Product

 

4.

 

Could This State Be The Next To Legalize Marijuana?

 

5.

 

US OKs Marijuana-Based Drug For Seizures

 

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