Your Top 5 News Stories - September 15, 2021

September 15, 2021

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Racial equity is elusive in the legal weed business

Set-asides have been pretty futile for underrepresented operators in a market worth $20.3 billion in 2020, according to New Frontier Data. 


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Cannabis Stocks Dragged Down by Market Selloff

New federal guidance and stern warnings from the FDA and CDC about cannabinoid delta-8 THC also served to put a damper on the sector’s day. 


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Colombia: The New Player in an Increasingly Globalized Cannabis Market

Colombia looks to emerge as a prime global supplier of cannabis to serve the EU and U.S. markets from medical cannabis to hemp textiles. 



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Hidden Tax Dangers in Cannabis Outsourcing Arrangements

Experts warn that interpretations of “traffic” and “produce” remain too imprecise to rely on per outsourcing arrangements to avoid 280E. 


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California marijuana, hemp industries hail CBD bill passage, but farmers might sue to halt it

Hemp farmers are preparing a lawsuit to halt the implementation of the bill promoting hemp-based CBD, but banning smokable hemp products.  

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