New poll shows Florida citizens overwhelmingly support cannabis legalization, Germany prepares for its own legalization efforts with the help of overseas investors, and $5 for a gram of weed? If you live in Michigan, that may be the price at your local dispensary.
There can be a lot to keep track of when it comes to the fast-paced world of cannabis information and news. Our roundup has everything you might have missed from the last week and more.
NCAA Lowers THC Testing Threshold For Student Athletes
Collegiate sports players can now breathe a bit easier around marijuana-smoking friends. Taking “rapidly evolving” views on cannabis use into consideration, the college athletics organization will raise the threshold-level for a positive test from 35 nanograms per milliliter to 150 nanograms per milliliter, a benchmark in line with the World Anti-Doping Agency’s standard.
New additional guidelines would also change penalties placed on students who test positive for cannabis use, replacing missed game time with a “management plan” and education set by their school.
Though the threshold-level changes have taken effect immediately (and retroactively to fall 2021), the change in punitive actions must be voted on individually by each division of the NCAA.
Germany: Legalization Brings Big Business & Big Questions
With Germany’s recent drive to legalize recreational cannabis use, massive gains in revenue could be around the country’s corner.
But even with giant companies such as Tilray and Canopy Growth staking claims in Germany’s future marketplace, national leaders warn that creating a new marketplace from the ground up – the proper way – will take time.
Fortune Magazine takes a look into the politics, cash, and dogged determination to do things right that is shaping up Germany’s path to cannabis legalization.
Florida: Poll Shows 75% Of Citizens Support Decriminalization
Research done by the University of North Florida was released this week, showing an overwhelming majority of Floridians support decriminalization of cannabis at a minimum.
Further data released from the study showed that 76% of Democratic voters supported legalization, while 64% of Republican voters wished for the same; the poll also showed strong support at upper age ranges, with 63% of all respondents 65 and up showing their support for cannabis reform.
California: “Post-legalization, cannabis industry loses luster” [Editorial]
The dream is alive, but it may cost you. Between licensing, infrastructure, construction, and legal fees, the small-farm advocates who fought for legalized cannabis now find themselves unable to continue providing their crops to others – In some cases, not even for free.
Rebecca O’Neil of The Union interviews several Nevada County residents about the trials and tribulations that come with legalization in this in-depth piece.
Michigan: Cannabis Prices Reach All Time Low
$50 for an ounce of weed? Completely reasonable, if you live in Michigan that is.
State cannabis prices are plummeting as record-setting marijuana supplies drive down prices across the region; good news for consumers, but not so much for the ever-expanding farm and production sector.
Despite over 80% of state municipalities blocking cannabis sales, Michigan ranks as the fourth-largest market for recreational sales in the United States; with marijuana-related businesses booming in the state, a glut of goods have given rise to pricing wars among competing dispensaries, leading to an average in-state price of $5 per gram of cannabis – Less than half the national average.