doomed
3 days ago
California will allow eating, drinking and smoking at Amsterdam-style cannabis cafes
A person shown in silhouette blows smoke out of their lips while two people sit at a bar in the background
Patrons enjoy a joint at a restaurant and cannabis bar in West Hollywood, which is allowed to operate through a license issued by the city. The rest of California will soon follow under a law signed Monday by Gov. Gavin Newsom. (Brian van der Brug/Los Angeles Times)
Doomed
11-10-2024
Despite concerns about the health risks of secondhand smoke, Gov. Gavin Newsom on Monday signed a bill that will allow cannabis dispensaries to serve hot food and nonalcoholic drinks.
Assembly Bill 1775, which goes into effect Jan. 1, gives California cities the option of allowing dispensaries to prepare and serve hot food and nonalcoholic drinks on site, as well as host live performances such as concerts and comedy shows.
Customers can already smoke, vape and sample edibles in some Golden State dispensaries, but the businesses are only allowed to sell prepackaged snacks and drinks.
Supporters say that a more comfortable recreational weed culture will help reinvigorate California nightlife and boost profits for the state’s highly taxed, highly regulated legal cannabis dispensaries, which compete with black-market sellers.
“Cannabis cafes are going to be a huge part of the future of cannabis in our state and help to beat back the illegal drug market,” said Assemblymember Matt Haney (D-San Francisco), who authored the bill.
The “cannabis cafe” model has been compared to Amsterdam, where the consumption of cannabis has been legal at coffee shops since the 1970s.
The bill had the support of the United Food and Commercial Workers union, which has unionized workers at dozens of dispensaries and grow facilities in California.
Newsom vetoed a similar bill last year over concerns that food workers and patrons could face health risks after being exposed to secondhand smoke.
The American Cancer Society and other public health groups pushed Newsom to veto this year’s bill, arguing that secondhand marijuana smoke has higher particulate levels than tobacco smoke and can cause health issues including cardiovascular disease, lung irritation and asthma attacks.
Jim Knox, the California managing director for the American Cancer Society Cancer Action Network, said that the new law will undermine the state’s decades-long fight to create smoke-free workplaces and could hamper the cultural shift away from smoking indoors.
When the law takes effect, Knox said, Californians will be able to “smoke in a restaurant for the first time in 30 years. That is a big step backward.”
He said the group will continue to urge local cities to “resist efforts that would undermine our history of smoke-free restaurants and roll back critical public health protections.”
The bill signed into law Monday says that, if cities choose to impose ventilation standards as a condition for a permit, the systems must be powerful enough to prevent “smoke and odors from migrating to any other part of the building hosting the consumption lounge or any neighboring building or grounds.”
The bill also clarifies that cannabis cafe workers have the right to wear respirator masks, paid for by their employers. Employers would also be required to include secondhand smoke in their injury and illness prevention plans required under California labor law.
Those measures, Knox said, are “nonsense” and “window dressing” that “just underscore that there’s a public health risk.”
“There is very well established science and industry knowledge that you cannot isolate smoke — it can’t be done,” Knox said. “The only way to prevent migration of smoke is to not allow smoking.”
In his signing message, Newsom wrote that future bills that diverge from the bill’s “tailored approach” to worker protections against secondhand smoke “will not be looked upon favorably.”
Newsom wrote that it will be “critical” for local governments to prioritize worker safety and work to minimize public safety risks. If they don’t, he said, “it could necessitate reconsideration of this limited expansion.”
Folks get together in these cafés to talk and exchanged.
It will be the last nail in the coffin and producers will bite the dust when the word goes to newbies that Tilray’s best is bunk!
« Have you tried large corporation’s best? Oh yes, and it’s bunk! »
doomed
3 days ago
Home / Cultivation
Native American tribes bridge gap in Minnesota cannabis market
By Doomed, Guest Columnist
October 11, 2024
Image of the Three Maidens granite boulders near Pipestone National Monument in Minnesota
(Photo by Naya Na/stock.adobe.com)
Image of Matthew Klas.
Matthew Klas (Courtesy photo)
(MJBizDaily is publishing this guest column ahead of Indigenous Peoples Day on Monday. To be considered as an MJBizDaily guest columnist, please submit your request here.)
Native American cannabis businesses are helping to fill a major gap in supply while Minnesota prepares to launch its regulated adult-use market next year.
With state-licensed businesses unlikely to open until 2025, tribal nations in Minnesota are investing in marijuana, encouraged by promising demand and cooperative relationships with the state government.
Down the road, the tribes’ first-to-market advantage might give them an important foothold in what is expected to be a large adult-use industry.
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Cannabis retail in Minnesota
On May 30, 2023, Gov. Tim Walz (now the Democratic Party’s vice presidential candidate) signed legislation that made Minnesota the 23rd state to legalize adult-use marijuana.
A few weeks later, the Red Lake Nation began welcoming customers to NativeCare, the first tribally owned recreational cannabis store to open in Minnesota since legalization.
Two days after NativeCare opened, White Earth Nation began recreational sales at Waabigwan Mashkiki, the cannabis store near their Shooting Star Casino in Mahnomen.
This past June, two more tribes entered the market: the Leech Lake Band of Ojibwe opened the Sweetest Grass next to their Northern Lights Casino, and the Prairie Island Indian Community opened Island Peži next to their Treasure Island Resort and Casino near the Minnesota-Wisconsin border.
Image of locations of four tribally owned recreational marijuana stores in Minnesota.
Four tribally owned recreational marijuana stores are currently operating in Minnesota, and five more have been announced. (Source: KlasRobinson Q.E.D.)
Although recreational cannabis was legalized in Minnesota in 2023, the state licensing process is just getting started.
The first state-licensed businesses are not expected to open until 2025, giving Minnesota tribes an opportunity to supply a demand that is projected to reach $1.76 billion by 2029, according to the 2024 MJBiz Factbook.
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State-tribe relations
Eleven federally recognized Native American tribal governments reside within the borders of Minnesota, and each has a separate relationship with the federal and state governments.
As sovereign nations with their own governments and regulatory powers, tribes across the country often implement their own cannabis laws, which sometimes differ from state statutes and regulations that are applicable off tribal lands.
However, Minnesota has made a strong, public effort to ensure that its state marijuana laws respect tribal sovereignty and operations.
State law enables the Minnesota governor to enter compacts with tribal governments.
These compacts are government-to-government agreements that address questions such as how interactions between tribal businesses and state-licensed businesses should be structured.
Minnesota is still in the process of negotiating compacts with the tribes.
One topic of negotiation is the possibility of tribes operating off-reservation cannabis businesses.
The White Earth Nation already laid the groundwork for opening an off-reservation cannabis store near the North Dakota border, having purchased a shuttered restaurant in Moorhead in May.
The tribe hopes to open a cannabis retail store on the property, subject to its negotiations with the state.
California comparison
Not all states have worked cooperatively on cannabis laws with Native American tribes.
California, for example, asks tribes to partially waive their sovereign immunity to participate in the state market – an understandably unpopular demand.
This policy is one of the reasons for the strikingly small number of tribally owned dispensaries in California.
Despite having the largest regulated cannabis market in the world, a population nearly seven times larger than Minnesota, a much older adult-use industry and more than 100 federally recognized tribes within its borders, California is home to only eight tribally owned marijuana stores.
Meanwhile, Minnesota tribes have announced plans for five more retail outlets, meaning the state could have more tribally owned marijuana stores than California by this time next year.
Washington state tribal cannabis
The state with the most tribally owned cannabis stores is Washington.
Like Minnesota, Washington law enables the state government to enter compacts with tribes.
Under Washington compacts, tribes have agreed to impose similar regulations and tax levels to those imposed by the state.
In return, compacting tribes in Washington state can purchase cannabis products from – or sell cannabis products to – state licensees.
Combined, 18 different tribes operate 24 tribally owned cannabis stores in Washington state – three times the number in California.
Graph showing tribally-owned cannabis stores in Minnesota, California and Washington state.
(Source: KlasRobinson Q.E.D.)
There are more tribes in Washington state than in Minnesota, and Washington’s recreational cannabis industry is 10 years older.
Although Minnesota is not likely to match Washington state’s number of tribally owned stores in the near future, Minnesota is well positioned to have continued tribal cannabis businesses growth.
This is good for the tribes, but it is also good for the state.
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Meeting cannabis demand
As the daunting process of marijuana business licensing continues, tribes can help meet the demand for cannabis in Minnesota.
While the state works to crack down on illegal cannabis sales before the launch of its adult-use market, tribes in Minnesota are providing safe, legal products.
Of course, once opened, some state-licensed businesses will be in direct competition with tribal retailers, and this could slow the growth of tribally owned cannabis retail.
But tribes could play a major role in supplying demand in Minnesota – even after state-licensed marijuana retailers begin to open.
For example, the Mille Lacs Band of Ojibwe is constructing a 50,000-square-foot cannabis cultivation facility as part of a seed-to-sale operation that is positioned to capitalize on high demand.
The facility will be significantly larger than any other state-licensed grow operations, which are capped at 30,000 square feet.
According to the Minnesota Post, government leaders expect tribes to be significant players in the state’s cannabis industry going forward.
So far, the data suggests they are right.
doomed
3 days ago
Cannabis
Tilray CEO ‘optimistic’ about U.S. cannabis legalization ahead of election
By Jordan
October 11, 2024 at 3:43PM EDT
Irwin Simon, chair and chief executive officer of Tilray Brands, joins BNN Bloomberg and talks about Tilray brands CEO on alcoholic beverage strategy.
The head of cannabis-focused consumer packaged goods company Tilray Brands Inc. says he’s “optimistic” about cannabis legalization in the U.S. following next month’s presidential election.
Irwin Simon, Tilray’s chair and CEO, told BNN Bloomberg in a Thursday interview that the company – already a major player in the cannabis industry in markets like Canada and Europe – is ready to expand in the U.S. if regulatory hurdles are cleared.
“Our Canadian cannabis business and our European medical cannabis business is a very important part of our growth and our future, and let’s see what happens in the U.S. after these elections on legalization… I’m pretty optimistic there,” he said.
Simon’s comments came after Tilray reported a loss of US$34.7 million in its first quarter, up from a 55.9 million loss during the same quarter a year ago, as net revenue rose 13 per cent.
Shares in the company came under pressure following the earnings release and were down more than three per cent in afternoon trading in Toronto. The stock is down more than 25 per cent over the past year.
The company, which was once solely a cannabis producer, has diversified its business in recent years, Simon said, and is focused on improving profitability across its brands.
“Tilray has diversified the company tremendously… one of the big things we’re focused on in regard to our cannabis business is absolutely growth, but we want to make money in cannabis,” he said.
“Our gross margins are up tremendously in our Canadian market and we’re pretty excited about the legalization in regard to medical cannabis in Europe.”
Simon said that as it waits for developments on the legalization front in the U.S., Tilray will continue its diversification efforts into business segments such as beer, spirits and non-alcoholic beverages.
In August, the company acquired four breweries from Molson Coors Beverage Co., expanding its reach in the North American craft beer space. Just as studies popping up to a direct link to Cancer.
“What we’re looking at is what are the adjacencies out there for all our businesses, and our whole thing in regard to beer is how to make beer fun again,” he said. Good luck wit that.
“What we’re limited to… in cannabis acquisitions, right now (is) until the U.S. legalizes, we can’t do anything in the U.S. We’re limited to what we can grow in, and right now, we’ve made our bets on the craft beer business.”
Simon added that if and when the U.S. does legalize cannabis, Tilray will be on the hunt for more acquisitions.
His problem is canna large producers all produce… you guessed it… bunk weed.
“Stay tuned,” he said, “we have a great balance sheet, and there’ll be opportunities out there for us to buy other cannabis businesses in the U.S.”
doomed
4 days ago
Cannabis company Tilray Brands reports US$34.7-million first-quarter loss, revenue up from year ago
LEAMINGTON, ONT.
THE CANADIAN PRESS
10-10-2024
Cannabis company Tilray Brands Inc. TLRY-T -2.67%decrease
reported a loss of US$34.7-million in its first quarter, compared with a loss of US$55.9-million in the same quarter last year, as its net revenue rose 13 per cent.
The company, which keeps its books in U.S. dollars, says the loss amounted to four cents US per diluted share for the quarter ended Aug. 31 compared with a loss of 10 cents US per diluted share a year earlier.
Net revenue totalled US$200.0-million for the three-month period, up from US$176.9-million in the same quarter last year.
The increase came as Tilray’s beverage alcool businessearned net revenue of US$56.0-million, UPfrom US$24.2-million a year ago, while its cannabis business saw net revenue of US$61.2-million, DOWNfrom US$70.3-million in the same quarter last year.
Tilray’s distribution business earned US$68.1-million in net revenue, DOWNfrom US$69.2-million, and its wellness business earned US$14.8-million in net revenue, up from US$13.3-million a year ago.
On an adjusted basis, Tilray says it lost a penny US per share in its latest quarter compared with an adjusted loss of four cents US per share a year earlier.
doomed
4 days ago
Home / Manufacturing / Testing
California cannabis brand West Coast Cure voluntarily recalls several products
author profile pictureBy Chris Casacchia, Staff Writer
Updated October 10, 2024
Get your pesticides from legit canna business for a little extra $$$.
West Coast Cure, one of the largest California cannabis brands engulfed in a monthslong pesticide scandal, has voluntarily recalled at least 20 products that contain impurities.
The products, packaged and manufactured by Shield Management Group or Alkhemist DM, which operates as West Coast Cure (WCC), were recalled for “potential adulteration,” according to a notice posted by the state’s Department of Cannabis Control (DCC).
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The recalled products include pre-rolls, all-in-one vape devices and vape cartridges sold in 280 retail locations across the state.
Nearly all the products were packaged at least a year ago, which is a common shortcoming related to recall alerts industrywide, according to a recent MJBizDaily analysis highlighting the challenges retailers face in pulling such products from the shelves before they’re sold to customers.
‘No admission of wrongdoing’
Orange County-based WCC did not respond to an MJBizDaily request for comment.
But in a Tuesday news release, WCC reiterated that all its products passed compliance tests, a position it has expressed for months to media outlets such as MJBizDaily.
The company said state regulators have continued inquiries about various products that were linked to illegal pesticides in a Los Angeles Times/WeedWeek report in June.
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“Rather than continue to drag the matter out, West Coast Cure has decided to put it to rest and voluntarily recall all of the remaining products,” the company said in a statement posted on its website.
“WCC understands that there are self-interested people who may try to spin this decision in a negative light. But make no mistake: this decision is not an admission of any wrongdoing.
“West Coast Cure continues to dispute all allegations made by people who WCC believes are doing this for financial gain.”
Several more WCC products were in the process of getting recalled by the Department of Cannabis Control, sources with direct knowledge of the situation told MJBizDaily.
Ongoing concern in California
The developments have eroded confidence in the world’s largest regulated marijuana market and renewed concerns about the reliability of lab testing, cultivation practices and the state’s required track-and-trace system.
In the past few months, the DCC has issued several recalls of West Coast Cure products, primarily for allegedly containing the banned pesticide chlorfenapyr, which typically is sprayed directly on leaves to combat caterpillars, fungus gnats, mites and other pests.
WCC’s parent company last month filed a petition to dismiss a class action lawsuit that claims the operator skirted state regulations and sold unsafe vape products that contained banned pesticides.
nssrr5
4 days ago
Tilray Brands Fiscal 1Q Loss Narrows as Alcohol Beverages Drive Revenue Growth
Published: Oct. 10, 2024
Canada's Tilray Brands posted a narrowed loss in its first fiscal quarter on a growing alcohol segment that is becoming a larger part of the business.
The cannabis-lifestyle and consumer-packaged-goods company Thursday reported a net loss of $34.7 million, or 4 cents a share in the three months ended Aug. 31, compared with a loss of $55.9 million, or 10 cents a share, in the same quarter last year.
The net loss per share matched the forecast from analysts polled by FactSet. The company's adjusted loss came in at 1 cent a share.
Net revenue rose to $200 million from $176.9 million, missing analyst forecasts of $218.7 million.
A major contributor to the rise in revenue was from the Leamington, Ontario company's alcohol-beverage segment that more than doubled to $56 million, helped by acquisitions. The segment is becoming a larger part of the business, going from 13% of total revenue a year ago to 27%.
Meanwhile, revenue in what was once its largest segment, the cannabis business, declined to $62.8 million from $70.3 million, and now contributing 31% of total revenue, down from 40%.
Distribution rose slightly to $70.4 million, up from $69.2 million.
Chief Executive Irwin Simon said the next U.S. election could be positive for cannabis policy in the country, and therefore the business, and said he was optimistic about the industry.
"We believe that there is a greater likelihood that the upcoming U.S. Presidential elections will result in improved regulatory changes in the cannabis industry, as both candidates have publicly confirmed their support for further legalization," Simon said
doomed
5 days ago
14 licenses for cannabis social clubs granted in 4 German federal states
Doomed
October 9, 2024
The number of applications and licenses granted for cannabis cultivation social clubs in Germany continued to grow throughout September, but growth has slowed month-over-month.
According to the latest data, 14 licenses have now been granted in four of Germany’s federal states, as more territories and awarding bodies solidify their application and licensing process.
The total number of confirmed cannabis social club applications has growth by 34%, from 226 in August to 303 through the last full week of September. Grown by folks for folks. German officials visited Tilray and Canopy Growth and decided to have folks grow cannabis in cannabis clubs.
That number is down from the 237% increase seen between July and August, where the number of applications grew from 67 to 226.
Despite the ongoing growth, applicants across Germany continue to struggle with uncertain or inconsistent regulations from state to state, while others report struggling to secure property in order to begin their application process.
doomed
1 week ago
Is Marijuana A Diabetic’s Answer To Alcohol
mm
By:
Amy Hansen
October 4, 2024
CannabisFeaturedMedical MarijuanaNewsRXWellness
Is Marijuana A Diabetic's Answer To Alcohol
Alcohol and mixers are always a bit a wild card if you are a diabetic, maybe cannabis can help.
Being a diabetic can be tough and you always must be aware of your blood sugar. Today, there are programs which monitor the levels and gives alerts if things are too bad. Cocktails and some other alcohol and can be full of sugar, which can play havoc with a body. Additionally, alcohol consumption can worsen diabetes-related medical complications, such as disturbances in fat metabolism, nerve damage, and eye disease. But cannabis, well, that is a different story – and it seems the knowledge it catching on. So is marijuana a diabetes answer to alcohol?
RELATED: Science Says Medical Marijuana Improves Quality Of Life
Marijuana use is becoming more common for diabetics. A recent study estimated that 9% adults with diabetes used cannabis in the last month, a 33.7% increase with nearly half (48.9%) of users were younger than 50 years. Cannabis use is also increasing among Boomer (65 and older), many of whom have diabetes and other chronic conditions.
Photo by Lepro/Getty Images
Alcohol consumption is taking a hit as more people consume marijuana. Gen Z is drifting from alcohol and consuming more. California sober has become a trend. The AARP has said cannabis has medical benefits, but what about using it as a full or partial replacement of alcohol? Cannabis is
For diabetic, drinking alcohol can cause low or high blood sugar, affect diabetes medicines, and cause other possible problems. The liver releases glucose into your blood stream as needed to help keep blood sugar at normal levels. The liver releases glucose into the blood stream help keep blood sugar at normal levels. When drinking alcohol, the liver needs to break down the alcohol. While the liver is processing alcohol, it stops releasing glucose. As a result, blood sugar levels can drop quickly, making a risks for low blood sugar (hypoglycemia).
RELATED: Biden Administration Puts A Knife Into The Cannabis Industry
While over indulging is never good, moderate vaping can avoid the sugar and carb intake received from alcohol and especially cocktails. Microdosing has also become popular.
Two important notes, there needs to be more research on dosage and use. Also, cannabis could use could increase the risk for diabetic ketoacidosis for people with type 1 diabetes. Research showed it was primarily due to worse management of diabetes, including increased intake of high-carb foods and forgetting to take medications.
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