Verano’s Post

This article provides an insightful update on the pitiful current state of Colorado's cannabis market. From my decade of experience in the industry, the key takeaway is clear: without a political champion in the statehouse or the capitol, the industry faces the risk of collapse due to bureaucratic inaction. It's hard to believe this is what Coloradans envisioned when they voted to amend the state constitution to include cannabis provisions. If you are not ok with your constitutional rights being ignored now is the time to reach out to your state and local officials. #CannabisIndustry #ColoradoCannabis #CannabisReform #PolicyChange #ColoradoPolitics #IndustryInsights #2024Election #Vote2024 #Election2024 #YourVoteMatters #FutureOfCannabis

Amendment 3, the boldest attempt at cannabis reform in Florida, garnered significant public support yet failed to pass. What went wrong? From corporate interests and political opposition to the strict supermajority requirement, we break down the reasons behind this unprecedented initiative’s shortfall. Head to Beard Bros Media to learn what the future might hold for cannabis in Florida and how reform advocates can reshape their strategy. #BeardBrosMedia #CannabisReform #Amendment3 #FloridaCannabis #PolicyChange

The fresh German cannabis rules are actually quite bizarre.. You have to be a member of a cannabis club for at least three months to buy weed, and each club must have a prevention officer on duty. And when you finally get to buy your weed, you have to consume it at home, where you're not even allowed to share your joint with friends. Anyway, the absurdity of the cannabis rules in Germany becomes crystal clear when you watch this hilarious video... #germany #legaliserung #cannabis #THC

Trulieve’s $141 million contribution to Florida’s Amendment 3 has taken cannabis legalization funding to an unprecedented level—but what’s truly driving this investment? While legalization offers huge market potential, it’s worth questioning whether Trulieve’s motives are focused on consumer choice or corporate dominance and regulatory capture. As voters prepare to weigh in, we dig into the financial stakes and the potential risks of this pivotal campaign. [Read More at the link below] #CannabisIndustry #Amendment3 #BeardBrosPharms

Today’s cannabis industry has potential, but it needs real change. This insightful piece by William “KC” Klens and Shaleen Title from the Parabola Center for Law and Policy sheds light on what political leaders are missing: an equitable industry plan and freedom for those still imprisoned over cannabis. With Trump headed back in office and the Trulieve-backed bill failing, it's clear we need to get organized. A better, fairer future is possible if we all push together. #BetterDaysAreOnTheWay #CannabisReform #SocialEquity https://lnkd.in/gBXPYCxh

🌿✍️ Senator Schumer and Democratic senators are rallying support for federal cannabis legalization ahead of 4/20! With plans to file a legalization bill this month, they're taking proactive steps to address cannabis reform at the federal level. 📜🇺🇸 Stay tuned for updates on this crucial legislative effort: #FederalLegalization #CannabisReform #SenateAction #420 #TheHigherPath

𝗖𝗮𝗻𝗻𝗮𝗯𝗶𝘀 𝘃𝘀. 𝗧𝗼𝗯𝗮𝗰𝗰𝗼 & 𝗣𝘂𝗯𝗹𝗶𝗰 𝗠𝗼𝗻𝗲𝘆: Who’s Winning in Florida’s Battle for Legalization?💥 With just one week to go, the stakes couldn’t be higher as Trulieve Cannabis has invested over $140 million into Florida’s adult-use legalization campaign. But they’re not alone in this fight—on the other side, public money and tobacco giants are pouring resources into efforts to halt 𝗔𝗺𝗲𝗻𝗱𝗺𝗲𝗻𝘁 𝟯, the most expensive cannabis initiative in U.S. history. 🟢 In the Green Corner: • Trulieve Cannabis leading the charge with record-breaking funds. • DT’s endorsement, adding political weight. 🔴 In the Red Corner: • Florida Gov. Ron DeSantis, rallying with public funds. • Philip Morris dropping $500k to defend its turf. • $50 million from Florida's opioid settlement being used to sway public opinion. Who will win the battle? And even more, 𝘄𝗵𝗼 𝘄𝗶𝗹𝗹 𝘄𝗶𝗻 𝘁𝗵𝗲 𝘄𝗮𝗿? Does this look like a fair fight? Are the stakes in this battle between cannabis legalization and established powerhouses like tobacco higher than ever? 💭 Let’s hear it—drop your thoughts below! 👇 #Cannabis #CannabisIndustry #FloridaCannabis #Trulieve #PhilipMorris #FloridaCannabis #Amendment3

The NJ federal district court ruling confirms the adage: bad facts make for bad law. The Court rejected the obvious constitutional violations -- disparate treatment between in-state and out-of-state-product, and restrictions on interstate transport -- but now the whole hemp industry is to be regulated by the CRC which doesn't have regulations for hemp. We are left where we started and should have stopped, with a ban on sales to those under 21 years. #legalhemp #hemp #hemplaw #cannabis #mblawfirm

UPDATE: the 4th part of the series "Who Wins and Who Loses Once the U.S. Legalizes Weed?" is now out. tl;dr winners and losers are still TBD! Stephen Dubner and the team at Freakonomics have an excellent 4-part series on the #cannabis industry including a segment called "Cannabis is Booming So Why Isn't Anyone Getting Rich?" If you want to understand the basic #economics of the industry and how difficult it is to operate at all, let alone profitably, this is a great summary. It's worth a listen as they dive into the biggest issues. including: 1) State my state #taxes and #regulations 2) The onerous federal tax code on "illegal business" (cannabis is legal in 30+ states but not federally legal), and 3) The illicit market is twice as big as the legal market making it extremely difficult to compete. I recommend listening to all 3 segments that have dropped and I'll look forward to the 4th.

Senate Majority Leader Chuck Schumer and 17 Democratic Senators have introduced a bill for federal cannabis legalization, aligning with President Joe Biden’s campaign promises. However, the likelihood of passage remains uncertain given strong opposition from prominent Republicans like Senate Minority Leader Mitch McConnell and House Speaker Mike Johnson. Despite the challenges, the bipartisan effort to integrate Secure and Fair Enforcement Regulation (SAFER) banking provisions into critical aviation legislation showcases ongoing commitment to advancing cannabis reform. The dialogue on cannabis continues to evolve, both nationally and globally. While immediate outcomes are uncertain, the direction is promising, suggesting positive momentum toward broader cannabis legalization. #FederalCannabisLegalization #CannabisReform #DrugPolicy #BipartisanEffort #SAFERBankingProvisions #PositiveMomentum #MarijuanaMoment