Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.
- California ready to go green with legalization of marijuana in 2018
(CBS News: 28 December 2017)
Pot smokers in California are counting down to the New Year’s “toke of midnight.” On Jan. 1, the nation’s most populous state will become the eighth (along with Washington, D.C.) to have legalized recreational marijuana.
- Year in Review: Top 10 stories in the marijuana industry from 2017
(Marijuana Business Daily: News, 28 December 2017)
It was a lung-busting 2017 for the North American cannabis industry, with marijuana executives stateside holding their collective breath wondering whether the new Trump administration would crack down on legal MJ businesses.
- Florida’s marijuana bank closing canna-business accounts
(The Cannabist: The Cannabist, 27 December 2017)
First Green Bank, a community bank that was handling accounts for six of the state’s seven licensed producers of medical marijuana announced it is closing the accounts of its cannabis clients.
- This Is the Biggest Marijuana Story of the Year, in Case You Missed It
(The Motley Fool: Fool.com, 23 December 2017)
This announcement may have huge implications for the cannabis industry.
That’s our last report for 2017 – we wish everyone a Happy New Year!