Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.
- Legal Marijuana Sales Are Expected to Hit $10 Billion This Year
(Fortune, 6 December 2017)
That’s a record high.
- UPDATE: America’s biggest marijuana market finalizes rules for recreational weed
(The Cannabist: The Cannabist, 6 December 2017)
The Los Angeles City Council approved a dense set of recreational marijuana regulations for cultivation, sales and business licensing.
- Will federal marijuana safeguard be extended again?
(Marijuana Business Daily: News, 7 December 2017)
With the current federal budget set to expire Friday, speculation has swirled in Washington DC over whether Congress will once again reach a deal to keep the old budget in place temporarily and prevent the U.S. government from shutting down. Medical marijuana businesses have good reason to pay attention: If the previous budget is not extended – as it has already been multiple times this year – it means the federal protections of the Rohrabacher-Blumenauer Amendment will also evaporate.
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