It would be the first in the country.
Here’s your daily round-up of pot-news, excerpted from the newsletter WeedWeek.
Denver’s social use initiative is in the lead with some ballots still uncounted. If approved it would be allow bars and other businesses to apply for on-site pot consumption permits.
After Election Day, there are now eight more Senators and 68 more members of the House representing REC states, and six more Senators and 33 more members representing MED states. Marijuana.com predicts that it will be harder for them to reject cannabis reform legislation out of hand.
How Florida’s MED program will work remains hazy.
Rob Sands, CEO of Constellation Brands, whose portfolio includes Svedka Vodka and Robert Mondavi wine, said the company is interested in going green. “There are going to be alcoholic beverages that will also contain cannabis.”
The New York Stock Exchange accepted cannabis real estate investment trust (REIT) Innovative Industrial Properties’ listing. It will be the first cannabis REIT to trade on the exchange. It’s ticker will be IIPR.
Canadian producer Aphria announced a C$35M raise, the largest by a public company to date. Legal Canadian growers have raised more than C$313M in the last 13 months.
WIRED tells us to “Get ready for the Budweiser of bud.”
Adrian Sedlin, CEO of California grower CannDescent, told Fortune that leaving California companies without bank accounts is “ not a tenable position.”