Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.
Starting off in the international sphere, the European Parliament has passed a resolution recommending the descheduling of cannabis. The hope is that this could lead to the establishment of bloc-wide medical marijuana laws.
In South Korea, medical marijuana will be legalized in March.
Among the states moving towards legalization of cannabis or medical cannabis are: Kentucky, Georgia, North Carolina, Wisconsin and Vermont (which currently has a “DC-style” system: you can grow it and you can use it, but you can’t buy it or sell it).
New Jersey’s move to legalize had been held up by tax considerations. Now that those have been worked out, look for a bill to be introduced in the legislature in the near future.
The New Mexico Senate has approved a bill allowing the use of medical marijuana in schools. The legislation now moves to the House.
Lawmakers from Maryland have formed a bipartisan group to study legalizing recreational cannabis in 2020. The state currently allows the use of medical marijuana, which has generated $100 million in sales in its first year.
And speaking of sales, Pennsylvania’s medical cannabis program brought in $132 million in its first year.
One of the difficulties facing cannabis businesses is the lack of access to financial services. Alaska’s Credit Union 1 seeks to change that next month.
The United Parcel Service is less than happy over the logo used by United Pot Smokers. The first UPS is suing the second UPS in federal court for trademark infringement. If High Times suggests it’s time to drop the “sassy parody brands,” it probably is…
Finally, from the “I Could Have Told You That” files, researches have discovered a correlation between recreational marijuana laws and junk food sales.