Hi,

This week Colgate bought a CBD toothpaste brand. The USDA has approved hemp plans for Washington, Wyoming, and several tribes.

Let’s talk politics. Michael Bloomberg supports decriminalization but not legalization. Though over 30,000 cannabis studies exist, Joe Biden says that he wants to classify cannabis as Schedule II to accumulate more research before he considers legalization. Donald Trump reiterated that cannabis should be federally illegal. Bernie Sanders, who is pro-legalization, has won the first three primaries but is worried because Californian non-party-affiliated voters (comprising 25% of the state) need to explicitly request a “Democrat Party Crossover Ballot” to vote for a Democrat. And Elizabeth Warren released details on her legalization plan.

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Thanks and have a phenomenal week!
Jessica