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Hi [%first_name%],

We have an article that explains why cannabis banking in COVID bills is backed by a diverse coalition. The DEA dropped a bombshell, claiming that CBD products are illegal because extracts used in the process have more than 0.3% THC. But will this interpretation fly? Though cannabis is fully legal in Canada, the illicit market is still thriving and the US assets of Canadian companies have been revenue drivers. And it looks like the Canadians also are trying to avoid prosecuting all drug possession crimes!

Feel free to subscribe to our THC or CBD News Roundups if you are interested.

Thanks and have an incredible week!
Jessica

This Week's Cannabis and CBD Industry News
The Cannabis Industry Needs Banking Now More at forbes.com...
DEA’s Cannabis Delays Are Costing Americans Jobs, Bipartisan Lawmakers Say More at marijuanamoment.net...
DEA Interim Final Rule: What Is “Synthetically Derived THC”? More at harrisbricken.com...
Canada Accused of Cannabis ‘Protectionism’ by Blocking Imports – Even as Exports Soar More at mjbizdaily.com...
Poll: Support for Legalizing Marijuana Is Bipartisan More at norml.org...
US Cannabis Companies Outperform Canada’s to Erase Discount in Second-Quarter Earnings Season More at mjbizdaily.com...
Illicit Pot Still Dominates Canada After Two Legal Years More at bloomberg.com...
Mexican President: Country’s Congress Free to Decide on Hemp Legalization Next Month More at hempindustrydaily.com...
Cresco Labs Cruses Q2 Estimates but Will Debt Derail the Stock? More at grizzle.com...
How Cultivation of Cannabis Affects European Economy More at cannabislaw.report...
Canadian Federal Prosecutors to Avoid Drug Possession Charges When Possible More at cbc.ca...
Here’s What the Next 5 Years Looks Like for Hemp CBD More at newhope.com...
California Wildfires Claim Several Cannabis Farms, Threatening Growers With Financial Losses More at mjbizdaily.com...
Cops Raided and Shut Down the Only Magic Mushroom 'Church' in the U.S. More at vice.com...
Cool Finds
Most of the THC and CBD You Consume is Going To Waste and Here’s Why More at cannabishealthinsider.com...
Study Finds CBD May Be Powerful Nootropic by Boosting Brain Blood Flow More at slashgear.com...
Inspiration