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Hi,

No matter who you wanted to win the election, things have been stressful this week. But it's clear the real winners in this election are cannabis and rational drug reform.

Every cannabis measure passed! New Jersey, Arizona and Montana switched from medical to adult-use while the conservative state of Mississippi overwhelmingly passed medical cannabis. South Dakota, in a nation's first, passed medical AND adult-use together! New Jersey’s move puts pressure on New York to legalize, which the governor wants to do in 2021. Cannabis is now legal for medical use in 35 states and adult use in 15 and D.C. One-third of the country is living in an adult-use jurisdiction!

Washington, D.C. made possession of all plant-based drugs the lowest police enforcement priority and Oregon committed to the country’s first psilocybin legal framework for monitored therapy. Oregonians made the most groundbreaking and controversial move, decriminalizing ALL drugs. That means those caught with heroin don't go to jail but rather pay a fine after a “health assessment” where they are offered anti-addiction resources. Portugal decriminalized drugs similarly in 2001 and as shown in our Cool Finds section, this saved money, reduced drug use and saved lives!

Oregon can serve as an experiment so that other more conservative states can see if blanket drug decriminalization helps or hurts the drug epidemic. Remember, 80% of all heroin addicts started with prescription drugs At the end of the day, I think we’re all just looking and hoping for solutions. I'm excited knowing that our industry is leading the way to a healthier future. If you are in or support the cannabis industry, pat yourself on the back. ☺

Feel free to subscribe to our CBD or Investors International News Roundup.

Thanks and I hope you have a relaxing week,

Jessica

This Week's Cannabis Industry News
Oregon Decriminalizes All Drugs & Legalizes Psilocybin Therapy More at apnews.com...
Gov. Cuomo Predicts NY Cannabis Legalization in 2021 Due to Budget Shortfall More at northcountrypublicradio.org...
The Biggest Loser on Election Day? The Drug War More at ganjapreneur.com...
Study: Psilocybin Therapy More Effective Than Traditional Antidepressants More at ganjapreneur.com...
Washington, D.C. Voters Approve Psychedelics Decriminalization In Nation's Capital More at marijuanamoment.net...
New Jersey Votes to Legalize Cannabis More at ganjapreneur.com...
South Dakota Legalizes Both Medical and Adult-Use Cannabis More at ganjapreneur.com...
Arizona Legalizes Adult-Use Cannabis More at ganjapreneur.com...
Connecticut Gov. Says Legalizing Cannabis Would Prevent COVID Spread by Reducing Travel to NJ More at marijuanamoment.net...
Montana Passes Cannabis Legalization More at ganjapreneur.com...
Montana Cannabis Opponents File New Lawsuit To Overturn Legalization VoteMore at marijuanamoment.net...
FBI Raids Offices and Homes of California Officials in Cannabis Corruption Probe More at ganjapreneur.com...
Mississippi Voters Approve Robust Medical Cannabis Initiative Over Lawmakers More at marijuanamoment.net...
Can Cannabis Treat Concussions? NHL Players Want to Know More at greenentrepreneur.com...
Cool Finds
Want to Win the War on Drugs? Portugal Might Have the Answer More at greenentrepreneur.com...
Drug Decriminalization in Portugal: Lessons for Creating Fair and Successful Drug Policies More at cato.org...
Inspiration