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November 23, 2021
Happy Thanksgiving! Still a lot of news, even with this short week. Here we go.
Editor's top pick: The art of the $300 million deal
While Nancy Whiteman is technically the CEO and co-founder of an edibles brand, and not a cultivator, the $300 million deal she made with Canopy Growth should be of interest to any plant-touching cannabis company. Here's why she decided to structure the proposed acquisition the way she did.
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Recreational cannabis has been legal in Washington DC for many years, yet there’s not been a working market. That could change soon. In this story, Chief Correspondent John Schroyer has the details.
Other cultivation-related headlines this week:
  • U.S. Senate Majority Leader Chuck Schumer said his federal marijuana legalization bill is modeled in part after New York’s and intended to provide opportunities to small businesses and minorities, not the “big boys.”
  • Mississippi state lawmakers say a special session of the Legislature to legalize medical marijuana this year is increasingly unlikely, given that the regular legislative session convenes in January.
  • A group of cannabis growers is suing a county and its sheriff in east central California for allegedly blocking adult-use cannabis licensing against the will of the voters.
  • For the second time since California launched its legal cannabis market in 2018, regulators are going to raise marijuana taxes statewide.
  • A California hempseed farm operator has been charged with grand theft after allegedly failing to pay employees.
  • Nevada regulators suspended the license of a recreational cannabis grower for storing cannabis while operating under expired business licenses and not being able to account for large quantities of marijuana products that had been logged into the state’s seed-to-sale tracking system.

Hope everyone has a great holiday. If you’re looking for some cannabis-inspired Thanksgiving recipes, here’s some inspiration from the Denver Post.

Bart Schaneman, cultivation editor for MJBizDaily
P O D C A S T
When Jill Ellsworth, founder and CEO of Willow Industries in Denver, looked to bring her food and beverage safety knowledge to this new industry, she noticed a huge gap in the process of getting safe, clean cannabis to consumers: a “kill step” to eradicate pathogens. Legalization might be spreading rapidly, but testing is still trying to catch up – and the lack of regulations at the time Jill launched Willow required the creation of such a step.

In this episode of Seed to CEO, Jill talks about how initial process failure eventually led to a product and process with global aspirations. 
Decontaminate This: Willow Industries’ Plan to Make Dirty Cannabis Obsolete
Resources:
 
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