US Congress Starts Cannabis Reform + Legal Sales in Canada Surpasses Illegal Market
The Democratic leadership in the US Senate led by Chuck Schumer (D) NY starts to initiate cannabis reform legislation. As soon as the Covid relief package is settled, the next agenda item will be social justice and cannabis reform. Advocates are pushing for full legalization but decriminalization was part of their election platform. Some states like Arizona launch their adult use sales market earlier than anticipated, but others who passed ballot questions are now getting challenged in their respective state courts. Drizly, an alcohol delivery platform gets sold for over a billion, and their little cannabis sister company, Lantern goes on its own and now is moving their services into Denver Colorado. Canada’s legal sale of cannabis, finally surpasses the illegal market, and Solomon Israel from MJBIZ Daily International has that story in his Canadian report. Is there really a health insurance plan that will cover medical cannabis? Novus says yes. Plus, have you ever heard of the new APP Clubhouse? Ry Russell is hosting a watch party of the big game this weekend in Tampa for Athletes who Care, and Jimmy Young will be joining him at halftime!
February 5, 2021