Covid-19 & Cannabis
What next? Interview with Purple Heart Patient Center’s CEO
MJ Biz Daily spoke with Purple Heart Patient Center’s CEO and Founder Keith Stephenson to discuss the state of the dispensary and industry amidst Covid-19 and following looting. Read for his insights and advice to other cannabis leaders in similar situations.
Covid-19 & Cannabis Reporting
Research is underway on the potential benefits and possible harm of cannabis in relation to the pandemic. This article for Forbes reports expert opinion on cannabis and Covid-19, and related information on lung health, cbd, immunosuppressants.
Michigan employee licks pre-rolls, major recall.
Cannabis regulators in Michigan issued a broad recall following the confirmed complaint. This employee’s less-than-appropriate decision holds even more weight amidst the Covid-19 pandemic, a highly contagious virus spread through respiratory droplets and saliva. Michigan cannabis worker allegedly licked pre-rolls, sparking vast recall
Michigan’s social equity regulations lacking.
More and more social equity programs are being spearheaded across the country. This push is important, and it is equally as important to assess the programs, and revise them according to their current shortfalls and blindspots. MJbizdaily’s coverage on Michigan’s program is a great example, with a bulleted list of “What can be improved” for the state and beyond. Read
USDA grants for hemp farmers available.
Read to find out how these opportunities can help you scale within the legal grow space if you are a hemp business operating in compliance with the USDA. The Socially Disadvantaged Groups Grant (deadline to apply: August 10) and the Rural Cooperative Development Grant Program (deadline to apply: August 3). Both grants are for co operative farms in rural areas.
Cannabis May Reduce Deadly COVID-19 Lung Inflammation
In new research by the University of Nebraska and the Texas Biomedical Research Institute, cannabis (specifically, its anti-inflammatory cannabinoids) has been promising as a potential treatment aid for patients with COVID-19. Read the full article on Forbes.com.
Cannabis preventing Covid-19, continued
Two Canadian scientists have emerged with research that certain cannabinoids may have preventative value for COVID-19. Read this Forbes article by Emily Price, and their attached research here: https://www.forbes.com/sites/emilyprice/2020/06/27/researchers-are-looking-at-cannabis-as-a-potential-way-to-prevent-covid-19/#74785497d885
Social Equity Licenses revived in L.A.
Although policies are taking steps in the right direction, business owners and cannabis operators continue to express concern over dysfunctional licensing processes. https://abcnews.go.com/US/wireStory/los-angeles-boost-ailing-legal-marijuana-market-71418124
Vaping Crisis continued, Oregon looks into banning all additives.
Last year, Oregon banned all flavored vaping products, a ban which the courts quickly overturned. Now, the Oregon Liquor Control Commission is presenting the possibility for new regulation: this time limited to THC vaping products. There has been significant pushback, some of which is outlined in this article by Oregon Public Broadcasting. Further steps are unclear, but we do expect
COVID-19 & Cannabis
Ben Curran outlines some effects of COVID-19 on the industry in this article for Forbes. The effects are far-reaching, and while we at Nine Points are staying up to date on cannabis insurance shifts, it is equally as important to stay updated on industry best practices, changes, and adaptations.