May 2020

“Marijuana users are no more likely to suffer injuries on the job than their coworkers who abstain, according to a study published in the May issue of the medical journal Substance Use and Abuse and conducted by researchers at the University of British Columbia.” https://www.businessinsurance.com/article/20200529/NEWS08/912334838/Pot-users-no-more-likely-to-be-injured-on-job-Study?utm_campaign

The role of medicinal cannabis in PTSD treatment can not be downplayed. Let’s remember all of the intersections of experiences & identity that medicinal patients and recreational users represent. This article is a great reminder, by Bruce Kennedy for Politico. https://www.politico.com/news/magazine/2020/05/27/federal-marijuana-policy-veterans-black-market-271197

Article by Law.com. Things are changing in the cannabis space as a result of this virus, from consumer trends to legalization efforts. https://www.law.com/thelegalintelligencer/2020/05/26/cannabis-and-coronavirus-examining-the-pre-and-post-pandemic-regulatory-landscape/

“In the last 18 months though, [MedMen has] been among the hardest hit by a trend of market corrections, culminating in Interim CEO Ryan Lissack telling CNN that, “While vertical integration has been a big focus in the industry, our growing belief is that cannabis is evolving like every other consumer vertical: with a fragmented value chain and specialists at

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“The closely watched case could have broad implications on how state-legal marijuana businesses compensate employees.” https://mjbizdaily.com/colorado-cannabis-firm-appeals-to-us-supreme-court-over-overtime-pay/

"…Here in Pennsylvania, employers and workers’ compensation carriers remain in legal limbo, waiting on judicial guidance from the state’s highest courts in the face of ever increasing claims from injured workers to pay for medical marijuana. Will it be considered reasonable and necessary medical treatment under the Pennsylvania Workers’ Compensation Act?" Article by Francis X. Wickersham for Law.com. https://www.law.com/thelegalintelligencer/2020/05/23/medical-marijuana-reasonable-and-necessary-medical-care-for-injured-workers/?slreturn=20200425011414

Article from the Cannabis Industry Journal outlines the following 3 ways to manage your supply chain effectively. 1) Continuous management and monitoring of inventory and effective material planning. 2) Maintenance of supplier information and rankings. 3) Establishment of supplier transparency through audit rights and communication. https://cannabisindustryjournal.com/feature_article/managing-supply-chain-challenges-during-a-crisis/

& The senate has “no intention to consider the bill.” https://mjbizdaily.com/hold-not-yet-voted-on-us-house-oks-cannabis-banking-in-passing-3-trillion-coronavirus-bill/

“The fee deferral announcement that came out today is a step in the right direction. We are encouraged that industry advocacy efforts have evolved into actions that provide real relief for the essential regulated cannabis industry.” Furthermore, the CDFA report mentions that cannabis businesses can seek out state tax relief and can submit disaster relief requests to their licensing authorities.

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Article from NCV Newswire reports, "During fiscal year 2019 the Company completed five acquisitions which expanded its nationwide footprint to nine states and the Commonwealth of Puerto Rico." https://www.newcannabisventures.com/vireo-health-generates-9-million-revenue-in-q4/