Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.
- Marijuana-friendly states want meeting with Sessions
(Albany Democrat Herald: Oregon & Northwest News, 30 March 2018)
California, Oregon and other marijuana-friendly states are seeking a meeting with U.S. Attorney General Jeff Sessions in hopes of resolving the conflict between federal and state laws that has left the nation’s cannabis industry in legal limbo.
- Big Canadian banks warming to legal marijuana industry
(Marijuana Business Daily: News, 2 April 2018)
The chief executive of one of Canada’s largest banks said it would weigh financing cannabis companies after legalization takes place later this summer. TD Bank CEO Bharat Masrani said the Toronto-based financial institution is studying the issue, and any potential clients in the cannabis industry should have a presence only in countries where recreational or medical cannabis remains legal on a federal level, according to the Canadian Press.
- Legal pot could help offset opioid epidemic, studies find
(CNN.com: Top Stories, 2 April 2018)
Experts have proposed using medical marijuana to help Americans struggling with opioid addiction. Now, two studies suggest that there is merit to that strategy.