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.
Major Companies Start Thinking “Beyond Tobacco”
This week, two tobacco giants — Philip Morris International, and British American Tobacco (BAT) — announced plans to stop selling cigarettes in the U.K. This comes in response to decreasing tobacco sales, and rising vape sales. According to the BBC, BAT’s future growth strategies involve CBD. Additionally, Philip Morris International announced plans to move “Beyond Tobacco.” While they don’t specifically mention cannabis; in a statement from the company, it seems they are also embracing “noncombustible alternatives,” like vapes as well.
Illinois Lottery for Licensing Begins
Two years after Illinois legalized recreational cannabis, state officials began distributing licenses for retail cannabis shops this week, reports the Chicago Sun Times. There are 75 legal licenses, and 110 social equity licenses up for grabs, according to Cova Software. The Illinois Department of Financial and Professional Regulation will award via a series of lotteries.
Sports Officials Says Olympics’ Cannabis Policy Needs Review
On Tuesday, July 27th, Sebastian Coe, World Athletics President, commented on the cannabis policy in the Olympics, reports Reuters. When reports asked if it officials should review it, he said, “it should be,” he added. “It is sensible, as nothing is set in tablets of stone.” Coe’s statement comes after co-founder of the World Anti-Doping Agency (WADA), Dick Pond, also commented on cannabis. Specifically he said cannabis should be taken “off the [WADA’s] list entirely,” reports The Washington Post. “Frankly, I don’t think there’s evidence it’s performance-enhancing, and/or it’s a drug that masks the use of other drugs.”