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Inside Cannabis

Inside Cannabis (Mar 13th, 2018)

Federal prosecutors won’t take on small-time cannabis cases, according to Attorney General Jeff Sessions. Despite the Justice Department’s decision to lift the Obama-era policy protected cannabis businesses in states with legal policies, Sessions said that federal law enforcement lacks the resources to take on “routine cases” and will continue to focus on drug gangs and "larger conspiracies." – AP

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Wholesale cannabis prices fell in 2017 and have yet to hit rock bottom. Analysts at Cannabis Benchmarks, an independent price reporting agency, found the price per pound of legal cannabis was down 13 percent in 2017 compared to 2016, and they’re projecting prices will continue to fall in 2018. “It’s anyone’s guess exactly where [the bottom] is, considering the different market structures in the various states,” said report author Adam Koh. “But I think we’re getting close.” – THE MERCURY NEWS

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In New Jersey, racial justice is the driving force behind the legalization of cannabis. During his campaign for governor of New Jersey, Philip D. Murphy pledged to legalize the recreational use of cannabis, but not as a new source of tax revenue. “People ask me all the time, ‘Hey, are you sure you can generate $300 million from the legalization of marijuana?” Murphy said. “I say, ‘You know what, I’m not sure, but that’s not the question. We’re not doing it for the dollars. We’re doing it for social justice.’” – NYT

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By collecting user data, the cannabis delivery app Eaze has an edge over competitors. "When we share the numbers and types of ways people use cannabis, there definitely is an epiphany we see happen," says Jamie Feaster, Eaze's VP of marketing. "The modern cannabis consumer isn't the stoner of the past. It's a woman, it's a baby boomer and the way they use cannabis isn't necessarily packing it into a bong or rolling up a joint." Bolstered by this data, Eaze is pitching itself to dispensaries and growers alike as an industry expert. – AD AGE

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Trimming cannabis may cause carpal tunnel, according to the Center for Disease Control. The CDC published an occupational health assessment of the potential risks associated with cannabis farming. Those who frequently trim the plant, they concluded, may be at a slightly higher risk of developing muscular-skeletal problems from all the repetitive motion—namely, carpal tunnel syndrome. – QUARTZ

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A CBD company is making a play for convenience stores. California-based Marijuana Company of America is making a line of tinctures, topicals and edibles in sample sizes that it hopes to get into convenience-type stores across the state "where CBD commerce has a greater likelihood of generating sales from the impulse buyer at the register." – MJ BIZ DAILY

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The cannabis industry is struggling to attract stars in Hollywood. While show business tolerates cannabis use more than any other industry, stars remain wary of associating themselves with the drug. But weed companies in LA are attempting to attract the most coveted “ambassadors” for their brands by setting up booths at star-studded events such as the Oscars. – THE GUARDIAN 

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A new study has found 'no good evidence' that cannabis can help relieve nerve pain. Nerves send all kinds of pain signals to the brain, like the ones that come after a surgery or a broken bone. The pain that happens when someone is going through chemotherapy, for example, is different—the source of the pain is the nerve itself. According to a study published Wednesday, cannabis might reduce this kind of neuropathic pain—but not by much more than a placebo. – NEWSWEEK

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Cannabis could become a widespread replacement for sleeping pills. Pharmaceutical sleeping aides can be addictive and dangerous, but CBD has proven to be a safe and effective replacement. While some doctors are advocating for its use, mainstream medical practitioners are reluctant to recommend the drug. Though they cite a lack of research and evidence, studies show that CBD does help sleep. “Almost every clinical study that’s looked at cannabis-based medicines has shown an improvement in sleep,” said Dr. Ethan Russo, one of the world’s leading cannabis researchers. To say otherwise, he said, is “to be staring in a deep hole — a deep hole of ignorance.” – GREEN STATE

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