Canadian Weed Legalization in a Bind Over International Treaties


Prohibition is part of the international order.

Here’s your daily round-up of pot-news, excerpted from the newsletter WeedWeek. Download WeedWeek’s free 2016 election guide here.

As Canada moves to legalize it has two options regarding international treaties to which it is a part. It could take a “ principled stand” against prohibition or quietly withdraw from the treaties and then attempt to re-enter them with exemptions. Canada being Canada, it is leaning towards the quiet approach.

Former Portuguese prime minister António Guterres is the U.N.’s new secretary general, leading to speculation that he could push against prohibition worldwide as he did in Portugal.

The New York Times visited Jamaica which is betting on the plant to charge the nation’s economy.

Snopes dispels the myth that JFK used MED while in office.

The SEC is investigating publicly-traded Infinex Ventures and CEO Ronald Salem. The agency says infinex claimed to have access to $100M to invest in cannabis companies but had no “operations, specialized expertise, revenue, or funding.”
Gummies have dethroned chocolates as the most popular edibles in Colorado.

MassRoots has repaid the nearly $1M debt payment it owed and its executives took pay cuts.

A study found that indoor grows have energy needs comparable to data centers.

Stock in Canopy Growth reached a record high following a deal with Snoop Dogg’s brand Leafs by Snoop. Leafs is also embroiled in a trademark dispute with the Toronto Maple Leafs.

Denver packaging company High Supply filed for bankruptcy.

A piece in the Huffington Post suggests that much more work is needed to market cannabis to minority customers.

Real estate developer Peter Knobel plans to increase his stake in Colorado chain Native Roots.

A study found that legalizing MED can boost workforce participation by older adults. It found that the policy improves health for older men but has more mixed health results for women.