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The Dime: 10/29/2021

October 29, 2021 by Melissa Hutsell Leave a Comment

the dime

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 Dime.

Detroit Residents Vote on Legalizing Psychedelics 

On Tuesday, November 2nd, residents of Detroit will vote on Proposal E to decriminalize entheogenic or psychedelic plants. If approved, “the measure would not legalize the use and possession of psychedelics,” reports The Detroit News. Instead, “it would make it the city’s lowest law enforcement priority,” the publication adds. Justin Petty, spokesman for Decriminalize Nature Detroit, tells the Detroit Free Press that penalties will still exist for “use and possession.” He adds, “[people] may get a ticket… but there’s no confiscation of vehicles and kicking doors and things of that nature.” If voters pass it, it will be the second city in Michigan — after Ann Arbor — to approve of such a bill, according to Detour Detroit. In addition to this proposal, Detroiters are also voting on Proposal R; this proposal asks voters if the city should create a reparations task force, according to the Detroit Free Press. 

States Warn Parents About Infused Halloween Candy

Apparently, THC may replace razors as the new Halloween candy hazard. In an unrealistic twist — several state attorney generals throughout the U.S. have issued warnings to parents this week. Specifically, as Halloween approaches, they are warning parents to be on the lookout for (or hide) “[…] look-alike products [that] may contain high concentrations of tetrahydrocannabinol (THC),” reports NPR. “These products are designed to look like the real deal, and may confuse children, who can in turn ingest them,” explained New York Attorney General Letitia James, reports CBS News. “Accidental cannabis overdoses by children are increasing nationwide,” Illinois Attorney General Kwame Raoul said, CBS further reports. “And these look-alike products will only exacerbate the danger by appealing to children and youth.”

Industry’s Biggest Event Shows Cannabis is Flourishing 

Last week, the world’s largest cannabis conference — MJBizCon — wrapped up in Las Vegas. Approximately 27,000 attendees from 50 different countries attended the event, which ran from October 20th-22nd. Attendees included everyone from Mike Tyson, to Lil’ Kim, to the Blues Brothers (Dan Aykroyd and Kim Belushi), and Daymond Jones of Shark Tank. According to a report by CNN, the cannabis industry is flourishing, as made obvious by data released at MJBizCon. “Sales hit $20 billion in 2020, are on pace to top $26 billion this year, and are projected to leapfrog to $45.9 billion in 2025,”  said Chris Walsh, CEO of MJBizDaily, CNN Reported. “The nearly $46 billion in sales would make the cannabis industry larger than the craft beer industry.” 

Filed Under: Cannabis news, The Dime Tagged With: cannabsi sales, detroit, infused candy, MJ Biz Con, Proposal E, psychedelics

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