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It currently sells a powerful opiate.

Here’s your daily round-up of pot-news, excerpted from the newsletter WeedWeek

The Intercept reports that Insys Therapeutics, the company that donated $500,000 to oppose REC in Arizona, is about to release a synthetic THC spray to relieve side effects associated with chemotherapy that would compete directly with MED. It’s been more widely noted that Insys’ only current product is an opioid spray. Insys noted in a 2007 SEC filing that legalization is a threat to its business.

Forbes surveys a list of cannabis-involved pharmaceutical companies that are takeover targets. Insys is among them.

There wasn’t much talk of marijuana inside the arena at this year’s Democratic National Convention.

The industry was all over Philly.

The following is excerpted from the newsletter WeedWeek. Get your free and confidential subscription at WeedWeek.net.

Marijuana wasn’t often mentioned in the Democratic National Convention’s official program.

Unofficially, it was the “star.” A trade association had a party. MPP had a fundraiser. Marchers carried a 51-foot joint.

At Marijuana.com, Tom Angell (@TomAngell) unearthed the Tim Kaine quote, “I actually kind of like this option of the states as labs and they can experiment [with legalizing]and we can see what happens.” NORML revised its rating on the vice presidential candidate from F to C. (Last week, I referred to MPP ratings for presidential candidates as NORML ratings. I regret the error.)

Marijuana Business Daily interviews former U.S. deputy attorney general James Cole, whose eight-point 2013 memo gave the industry confidence that it could grow without federal prosecution. “It wasn’t really intended to be a huge policy shift as much as reacting to the situation and trying to use some common sense,” he said.

California Lt. Gov. Gavin Newsom (D) wants more lawmakers to support legalization.

Former Massachusetts Congressman Barney Frank (D) said heroin and crystal meth should be legalized. “We should outlaw a drug if it is likely to make you mistreat others. People don’t hit other people in the head because they’re on heroin; they hit other people in the head because they need to get money to buy heroin.”

The New Yorker profiles Gary Johnson, the Libertarian Party’s presidential candidate and a legalization supporter. He said he would not use cannabis as president.

Quartz introduces us to Tick Segerblom (D), a dogged cannabis supporter in the Nevada State Senate.

The U.S. Trademark Trial and Appeals Board said cannabis sellers can’t receive federal trademark protection.

Illinois Gov. Bruce Rauner (R) decriminalized possession, making the state the third largest after New York and California to do so.

About half of the 100 Oregon communities that don’t allow REC businesses will vote on whether to lift their bans in November.

Ohio legislators knew that the provision in the state’s MED law to guarantee 15% of business licenses might be unconstitutional but they kept it in to win votes, the AP reports.

Florida billionaire Carol Jenkins Barnett, a Publix supermarket heir, donated $800,000 to oppose the state’s MED initiative.

A Los Angeles county ballot initiative that proposed a pot tax to benefit the homeless has been shelved. Canna Law Blog dives into the business climate in L.A, one of the world’s largest cannabis markets.

The DEA compared home grows to “meth houses.”

Italian lawmakers are beginning to debate legalization. Opponents include Pope Francis. The Italian military grows MED for the country.

Politicians have not caught up with public opinion. 

The following is excerpted from the newsletter WeedWeek. Get your free and confidential subscription at WeedWeek.net.

A new poll found that for the first time, Republicans narrowly favor legalizing marijuana, 45% to 42%. Last week, however, Republicans voted against including support for MED in their party platform. As far as I saw, the plant went unmentioned at the convention.

Hillary Clinton named Virginia Sen. Tim Kaine (D) as her running mate. Speaking at a high school in April, Kaine said he favors “drastic changes in sentencing laws…[but] wouldn’t vote for a law at the federal or state level that would decriminalize marijuana.” Kaine has a NORML rating of F.

Donald Trump has a NORML rating of C+Hillary Clinton gets a B+Libertarian Gary Johnson scores an A+.

Leafly meets Ann Lee, founder of Republicans Against Marijuana Prohibition (RAMP). Lee, 86, attended the GOP convention as an alternate in the Texas delegation. Her son Richard Lee founded the trade school Oaksterdam University in Oakland.

Decriminalization appears to have support from the Texas Association of Business and  bipartisan support in the Texas legislature. Gov. Greg Abbott (R) opposes legalization.

Marijuana.com digs up that the DEA has reduced the size of its 2017 cannabis order from last year. This hints, the piece suggests, that the agency will not reschedule. The DEA gets its weed from a facility at the University of Mississippi, the only federally legal grow in the country.

Fifty-one percent of voters oppose Massachusetts’ REC initiative and 41% percent support. The numbers are similar in Arizona.

An Arizona judge will hear cannabis-opponents in a case that could block the upcoming REC vote. They argue that the 100-word petition voters signed didn’t adequately explain the effects of legalization. Plaintiffs include Maricopa County Attorney Bill Montgomery (R), Phoenix’s lead prosecutor.

Last year, before a weed convention in Phoenix, Montgomery offered “An aside, just a polite warning to folks traveling here…I can’t confirm or deny whether or not local or federal law enforcement may be on hand in an undercover capacity. So welcome to Phoenix, enjoy your stay, but be careful.”

Arkansas Gov. Asa Hutchinson (R) opposes the state’s MED initiative. In Wisconsin, a poll found that REC legalization has 59% support. Activists are collecting signatures for a MED initiative in Oklahoma.

Florida’s first CBD dispensary opens this week. The state is expected to vote on MED in November.