the lobsterpot< newswrap – buds beat booze
How-do, thermidor< ks? Apols for the tardiness once again (Holiday Monday etc..).
It’s been a mixed week for the canna sector (as you’ll soon see) – but one thing’s for certain: change is definitely in the air. And while short term issues may appear largely obstructive, it’s important to keep in mind that all progress is still progress.?
Momentum is better than apathy. And there are plenty of moving parts in this industry!?
Here’s what the last seven days looked like in the canna-trade.
It’s official. More Americans consume cannabis daily (17 million) than drink booze (14 million). But could it be that more people now feel comfortable admitting they like a toke? Either way, it’s a win.?
Looks like America’s dalliance with intoxicating hemp products could be cut short, given that amendments to the Farm Bill would make any plant with even the smallest amount of THC federally illegal. Now, about that rescheduling business…
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Three numbers. One letter. Outside of the US cannabis sector, you’d be forgiven for not knowing what 280E is, what it means, and the impact it has… until now, that is. TL;DR 280E reduces cannabusinesses' tax burden and gives them the ability to claim expenses. Like every other goddamn business.
US edibles brand, Kanha, has made a play for the burgeoning Japanese CBD market. Thought to be worth some ¥24 billion ($154 million), appetite for CBD products has increased sixfold out there since 2020.??
Medical cannabis is now available in Sweden – thanks to Curaleaf-owned Sapphire Clinics and Sweden’s Karolinska Institute, the nation’s largest medical research university, which will collate patient data in the name of efficacy and safety. Watch this space.
Could Bulgaria be making moves towards legalising both adult use and medical cannabis? CENTER Party head, Vasil Bozhkov is keen to make it accessible to all.?
thermidor< is a content-led, cannabis-focused, creative agency. We work with B2B, B2C, and D2C brands to develop messaging, brand, and tone of voice, as well as create written, audio, and visual content such as blogs, whitepapers, podcasts, and event films.