Death and Taxes…and the Death of Taxes
How Section 280E Harms the Legal Cannabis Industry As Benjamin Franklin once famously declared, “in this world, nothing is certain except death and taxes.” He neglected to mention that those “certain” taxes often resulted in uncertainty for those who pay them. In an industry defined by barriers to entry, constant legal challenges, and burdensome regulations and restrictions, an outdated tax code is the last thing legal cannabis businesses need. Behold: Internal Revenue Code (IRC) Section 280E....
2022 Midterms: Where is Cannabis on the Ballot?
This year’s midterm elections are critical to the future and growth of the legal cannabis industry. Cannabis-related ballot initiatives provide voters an opportunity to legalize cannabis if their state legislature failed to do so . . . or hasn’t even tried. And when cannabis is on the ballot, it usually wins. As a matter of fact, during the cycle, every statewide cannabis-related measure that was on the ballot passed by wide margins. But that was 2020, a presidential year, when voter...
Normalizing Nature
Embracing Discomfort to Drive Change “If the hideous monster Frankenstein came face to face with the monster of marijuana he would drop dead of fright.” Harry J. Anslinger. Mr. Anslinger, the infamous father of cannabis prohibition, ignited an era of ignorance, fear-mongering, and injustice with his notorious role at the Federal Bureau of Narcotics. Together with future like-minded prohibitionists like Presidents Nixon and Reagan, Anslinger and his allies transformed the American psyche:...
The Truth About Fentanyl-Laced Cannabis
There’s been a lot of recent news media reports and statements from high-ranking elected officials about the dangers of fentanyl-laced cannabis. They claim that there’s been a rise in dealers cutting cannabis with fentanyl and selling it to unsuspecting consumers This makes for great headlines. But there is little truth behind it. In fact, there is no evidence that cannabis is being intentionally laced with fentanyl–in the U.S. or anywhere else.Fentanyl is a powerful synthetic opioid used to...
Cannabis Administration and Opportunity Act: WM Policy Analysis
Last week, Senate Majority Leader Chuck Schumer (D-NY) and Senators Cory Booker (D-NJ) and Ron Wyden (D-OR) introduced the highly anticipated Cannabis Administration and Opportunity Act (CAOA)— a bill that would put an end to over 50 years of federal cannabis prohibition. A discussion draft of the CAOA was first released in 2021, and more than a year and 1,800 comments later, the official bill language is finally here. At a high level, the CAOA would remove cannabis from the Controlled...
Cannabis Policy Challenges Shared by Uruguay, Canada and the U.S.
When I began my professional journey in the cannabis industry and started learning about the plant, the words “Uruguay” and “Canada” would inevitably come up in my Google searches. That’s not surprising. Uruguay is a worldwide pioneer in cannabis legalization, having...
Veteran Health Care Must Include Medical Cannabis (Bipartisan Resolutions are a Good Start)
The inability of the government to meet veterans’ urgent mental health care needs has resulted in crisis-level statistics. On average, 17 veterans commit suicide every day, a rate nearly double that of the non-veteran population. Veterans are overrepresented in our...
Embracing Cannabis in the AAPI Community
After the Vietnam War, nearly 2 million Vietnamese “boat people” – including my parents – risked their lives to flee from political persecution and oppression with dreams of finding freedom in a foreign land. Unsure of what was ahead, they relied on stories of hope,...
The Conservative Case for Cannabis
Around the same time I joined Weedmaps in November of 2021, Pew Research Group published survey data on attitudes towards cannabis within partisan coalitions. The top line: Democrats are more likely to support cannabis legalization than Republicans. As a lifelong...
A World of Difference
I will admit, it’s “been a minute” as my kids would say, since I got excited about a cannabis conference. Don’t get me wrong. These gatherings are important, useful, impactful and worthwhile. I am not saying otherwise. Perhaps I’m suffering from “conference fatigue.”...
Cannabis Policy Challenges Shared by Uruguay, Canada and the U.S.
When I began my professional journey in the cannabis industry and started learning about the plant, the words “Uruguay” and “Canada” would inevitably come up in my Google searches. That’s not surprising. Uruguay is a worldwide pioneer in cannabis legalization, having...
Cannabis or Marijuana…
Starting a new job is never easy -- trying to remember everyone’s name, completing endless tax and insurance forms (beneficiaries???? ) . . . not to mention mastering the corporate jargon. The roadblock I hit: “Cannabis” versus “Marijuana”-- What is the correct word...
When Less Isn’t More: A Review of the MORE Act
Off to a good start but “more” needs to be done The U.S. House of Representatives passed the Marijuana Opportunity, Reinvestment, and Expungement bill, commonly known as the MORE Act. If passed by the Senate and then signed into law by the President, the bill would,...
Women’s History Month Isn’t Over Yet! You Need to Know These Three PHENOMENAL WOMEN & Their Amazing Cannabis Connection.
On this, the last day of Women’s History Month 2022, WM Policy pays tribute to 3 women–each a cannabis activist in her own unique way. These women made a huge impact not only in the cannabis space, but also in modern society and American history. They are worth...
Seven Reasons To Be Excited About New Mexico’s Adult-Use Cannabis Market
New Jersey, New York and Connecticut are undeniably the shiny new objects of the cannabis industry. This attention is certainly deserved, as there is a lot to be excited about in the tri-state area. However, New Mexico– which legalized adult-use cannabis in April 2021...
Cannabis, COVID, Community . . . and Cheers!
“Sometimes you want to go; Where everybody knows your name; And they’re always glad you came; You want to be where you can see; Our troubles are all the same”. Just like Norm and Frasier in Cheers, everyone craves the feeling of being welcomed into a space with...
Introducing: A Higher Authority
As policy and perception continue to evolve, a growing need has emerged for reputable, relevant, and provocative discourse on issues impacting the global cannabis industry. Medical patients, adult-use consumers, advocates, and lawmakers are seeking accurate...
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