Happy Hump Day, Investors! In a startling revelation, undercover footage captures dispensary owners unabashedly bragging about not paying their vendors, leaving the cannabis industry shaken. Could the black market have more integrity than the legal one?

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TOP STORY

Congresswoman To DEA: 'Reject Any Argument' That Marijuana Rescheduling Violates US Treaty Obligations

Briefly: Representative Sydney Kamlager-Dove (D-CA) urged the DEA to refute any assertions that suggested rescheduling marijuana at the federal level would breach international treaty obligations.

Quoted: Kamlager-Dove wrote, "I write to urge you to reject any argument in support of maintaining marijuana in Schedule I or Schedule II based on U.S. Treaty obligations. Applicable Treaties neither require the U.S. to keep marijuana in Schedule I or II nor do they preclude you from accepting the U.S. Department of Health and Human Services’ recommendation."

What Else: Kamlager-Dove also posed three questions to the DEA that highlighted concerns about potential outside influence on the agency’s decision and aim to ensure transparency in the rescheduling process.

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FIVE ZINGERS

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Clearmind Medicine submits three new international patent applications for MDMA, Ibogaine and Ketamine compounds

ONE FOR THE ROAD

Cannabis Job Market Will Rebound In 2024: Nearly 90% Of Weed Businesses Plan On Hiring New Workforce

Briefly: Vangst founder and CEO Karson Humiston said 2024 will be a turning point in the cannabis jobs landscape.

So Basically: Cannabis industry jobs platform Vangst published its annual Cannabis Salary Guide based on a survey of more than 1,000 employers and cannabis workers.

So Then: “We expect 2024 to mark a return to hiring and investment in our industry’s greatest asset: our people,” Humiston said.

So What? The latest findings come after years of a workforce-trimming trend as cannabis layoffs marked a tumultuous 2023. Many companies opted for cost-reduction measures to stay afloat.

What Next: "86% of surveyed cannabis companies are planning to expand hiring in core areas." Humiston said. “Talent and expertise are more valued than ever before.”

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KEEP READING

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