🗑️ Dumpster Dilemma

Maryland dispensary fined $26K for selling weed found discarded in dumpster. Plus, so much for munchies.

Happy Monday, Cannabin-vestors! So much for munchies. In a breakthrough discovery for cannabis enthusiasts, a rare weed compound is making waves for its unique effects on appetite suppression, increased energy, and motivation.

Plus, this Maryland dispensary is in trouble for selling cannabis products that had been left in the dumpster for over 41 hours.

Also, check out the newest episode of Cannabis Insider, also available on Apple and Spotify.*

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TOP STORY

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Briefly: Germany's recent partial legalization of cannabis has shaken up the industry and moved marijuana stocks. Will it have a domino effect on other European countries?

So Basically: Industry experts expect to see a wave of policy reevaluation across the continent, with more countries adopting a more liberal stance on cannabis.

Specifically: Adam Wilks, CEO of Carma HoldCo, explained what the German reform means for his global licensing company behind the nation's fastest-growing celebrity cannabis and lifestyle brands, working with icons like Mike Tyson, Ric Flair, Future and Hulk Hogan.

So What? "Should the government opt to permit the commercialization of cannabis, the landscape may change significantly," said JĂĽrgen Bickel, co-founder of Canopy Growth's Germany-based vape company Storz & Bickel.

What Next: "With a population of 80 million and robust purchasing power, Germany stands poised to emerge as the largest European market for cannabis."

ANNOUNCING A NEW INITIATIVE

In a strategic move poised to reshape its position within the California cannabis market, Talarya Brands today announced a comprehensive initiative focused on the consolidation of distressed operators across the value chain.

This approach leverages Talarya's managerial excellence as well as the established sales channels and brand equity of its flagship house brands, Cream of the Crop and West Coast Trading Company.

“This is not just about expansion; it’s about creating a sustainable ecosystem where our brands, including Cream of the Crop and West Coast Trading Company, can thrive alongside those we integrate into our operations,” CEO Dustin Milner said.

FIVE ZINGERS

Rumor Mill: Will the government kill cannabis home-grow in Argentina?

Cannabis On The Phone: This company is bringing medical marijuana telehealth to over half the U.S.

Cannabis Waste Sales: Washington State proposes bill to sell cannabis waste rather than dumping, reducing methane emissions.

The Future Of Cannabis: Former Colorado Senator shares critical insights at the Benzinga Conference.

Overdose Crisis Worsens: Smoking fentanyl now leads to more deaths than injecting heroin.

ONE FOR THE ROAD

Briefly: Boris Jordan, executive chair of Curaleaf Holdings, recently shared insights into the company’s dedication to enhancing its product offerings, particularly in flower quality.

What Happened: “Curaleaf has always been an innovator on the product side,” Jordan stated at the 2023 Benzinga Cannabis Capital Conference, revealing, “About 11 percent of our revenues every year comes from new products that we’ve introduced to the marketplace.”

Why It Matters: This period marks a busy period for the cannabis industry, with influential regulatory developments, such as the recent approval of the SAFER Banking Act by the Senate Banking Committee, signaling evolving opportunities and challenges.

What Else: Numinus’ accredited certification programs in ketamine, MDMA and psilocybin-assisted therapy currently have more than 700 learners enrolled.

What Next: Jordan’s leadership and vision for Curaleaf reflect a proactive approach to navigating this changing landscape, with a clear focus on product innovation, market expansion, and regulatory adaptation.

A MESSAGE FROM OUR PARTNERS

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