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Happy Thursday Cannabis Investors: Ever wonder why a government agency would sell cannabis at $174 per gram or peanut butter for over $1,000? It's all in the name of scientific accuracy.

Plus, Organigram and British American Tobacco eye the $2 Billion German cannabis market.

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TOP STORY

Snoop Dogg To Open Weed Stores In LA, Amsterdam, Named After Iconic 'Smoke Weed Every Day' Motto

Briefly: Snoop Dogg is launching his first licensed cannabis store, S.W.E.D. (Smoke Weed Every Day), near Los Angeles International Airport. This store will serve as a cultural hub, featuring top-shelf cannabis products and iconic memorabilia. The grand opening is set for July 14, 2024. Additionally, Snoop plans to expand to Amsterdam with a S.W.E.D. coffeeshop in August, bringing his unique cannabis experience to Europe.

Click here to read more.

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ZINGERS

State Regulation: Illinois 2024 Cannabis Sales Reach $1B Milestone Faster Than Expected: Are Out-Of-State Consumers Driving The Boom? Where Are Taxes Going?

Biden Administration: Give Us More Insight On Marijuana Rescheduling Decision, Congressional Committee Says

Cannabis In Europe: Is Germany Poised To Become The Next Weed Epicenter In Europe?

Cannabis Stocks: Weed-Infused Innovator Jones Soda Launches $3M Offering

High Demand: Cannabis E-Commerce Sales Ignite With 32% Surge On Fourth Of July

ONE MORE FOR THE ROAD

Illegal Marijuana Requires Helicopter Clean Up

Briefly: Illegal marijuana cultivation in California's state parks has resulted in 6,000 pounds of waste, prompting a large-scale cleanup operation using helicopters.

What Happened: The Cannabis Watershed Protection Program has identified over 400 illicit grow sites, posing environmental risks and threats from toxic chemicals, trained dogs, and potential violence.

Why It Matters: Cleanup efforts have removed significant waste, including hazardous materials and irrigation tubing, from parks like Cuyamaca Rancho and Malibu Creek. These illegal operations impact both the environment and the legal cannabis market.

Read more here.

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