The Digital Dime: 2/7/2020

By Samantha Wahl

Following important cannabis news articles every day can be a real burn-out, we know. That’s why the Emerald rolls up a chronicle of the headiest news hits, and passes them to you at the end of each week. We Bring You: The Digital Dime.

 

Legal Cannabis Helps Businesses Thrive

We love to see the success legal cannabis brings communities around the country. According to an unreleased study, even non-cannabis businesses make more money in legalized states. A Marijuana Moment report demonstrated more profitability in company stocks, and more productivity in workers. Researchers chalk it up to, well, highness. ‘The inventors that are in the state both before and after legalization become more creative post-legalization,” one researcher explained. So, hold on, weed makes people more creative? Imagine that. Watching pot magic happen to giant corporations is one win the industry needs.

Colorado State University is Designing a Cannabis Research Lab

As the industry grows, it’s especially exciting to see educators turn some focus to cannabis. Colorado State University (CSU) received a $1.5 million donation from an alumna to put toward a brand new hemp research lab. Cannabis Business Times reports that research will be dedicated to filling the data gaps within the industry, post-2018 Farm Bill. They will study cannabinoids, and whether they’ll thrive beyond the plant.  

Bernie Makes Big Promises in Iowa

The Iowa Caucus was a wild ride, with the 2020 democratic presidential candidates neck-and-neck in the numbers. Sen. Bernie Sanders, D-VT, rallied to crowds of thousands of people about his aspirations to legalize cannabis nationally on day one of his presidency. All the while, he vowed to ensure its framework would be made up by people of color. The crowd loved his speech. But Cannabis Now questions his claims, explaining that while the president does have power of executive order, federal legalization on the first day in office is unrealistic. Maybe it was his contact high, or maybe Sanders could be the candidate to change the presidential office as we know it. 

Whoopi Goldberg was in Pot, But Now She’s Not

Actor Whoopi Goldberg co-founded a medical cannabis company, Whoopi and Maya, until deciding to shut it down this week. CNN Business says the sudden termination is partially due to personal issues between Goldberg and her business partner, Maya Elisabeth. On the other hand, the company launched before states began to legalize adult-use cannabis, and found it hard to acclimate to the recreational market. Goldberg previously spoke about the exclusivity and sexism present in the industry, expressing frustration that the medical sector refused to recognize menstrual cramps as cause for a cannabis treatment. Big changes are improving the cannabis industry right now, but it’s clear that not enough focus is being directed toward women.

Emerald contributor since September 2019

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