New Frontier Data - Cannabis Insight Daily

Your Top 5 News Stories - September 15, 2021

Written by New Frontier Data | Sep 15, 2021 5:21:26 PM

 

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. 

 

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. 

 

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. 

 

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. 

 

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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