Weekly Cannabis Roundup June 26th
June 26, 2020 02:47 pm ET
Estimated Read Time: 2 Minutes
Do you think it’s ok for the US Attorney General to target cannabis businesses based on his personal opinions on legalization? Also, did you know that Portland City police have been earning money off of the backs of cannabis businesses? Thankfully, the World Health Organization wants to reclassify cannabis from its ‘drug’ category. Watch the video above to learn more about the latest cannabis news.
U.S. Attorney General Barr ordered investigations into 10 cannabis business mergers solely based on his own opposition to legalization.
John W. Elias, former chief of staff for the DOJ Antitrust Division stated that “The mergers in question did not meet the department’s criteria for antitrust investigations.”
In 2019, cannabis cases accounted for nearly one-third of DOJ’s antitrust workload.
Barr’s abuse of authority and misuse of funds raised many concerns.
In his Congressional testimony, Elias explained that the DOJ’s Antitrust Division investigates only 1% to 2% of the thousands of mergers that happen every year.
The DOJ is only supposed to act on “only the most concerning deals,”
Stay tuned as the details of this story unfold.
The World Health Organization has officially recommended that cannabis be removed from its ‘drug’ category.
The organization recognizes that there are no reported cases of abuse or dependence and that cannabis does not represent a danger to public health.
This was done in an effort to help make conducting research easier, to reduce the restrictions around medicinal use, and to help strengthen the international legality for the emerging medical cannabis market in several African countries.
Did you know that Portland, Oregon has been using its cannabis tax revenue to fund their police department?
A recent audit found that 46% of cannabis tax revenue went directly to Portland police.
The MCBA publicly called upon Portland City council to stop,
They further emphasized that a significant portion of the funds go straight to the police department despite that the city had previously passed a measure to allocate those funds toward addiction treatment and small business development.
This is a gross misuse of funds considering that cannabis and cannabis prohibition have all been tools to use against communities of color.
The racial disparities caused by The War On Drugs and sketchy instances such as these are more criminal than cannabis itself.
It’s high time for criminal justice and cannabis reform.
Author, Share & Comments