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DIZPOT’s Weekend Quick Hits 6/28/2019

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Last updated June 28, 2019

Oregon has too much cannabis. Two laws may help the state manage its surplus

Oregon has been primed for producing an excess of cannabis since before recreational legalization. Through their effective “Go Legal” campaign, designed to transform black market producers into legal farmers, Oregon has found itself with the largest relative surplus in the country. Lawmakers have primed the state for export in order to alleviate some of the issues that arise from a cannabis overstock.

Illinois is expunging marijuana convictions from nearly 800,000 criminal records

Illinois has had the advantage of passing recreational cannabis legislation through the traditional routes of state government. Having learned from other recent recreational states, they’ve been able to prepare and polish their recreational bill before release. One of the most important aspects of this is that 800,000 people are being relieved of criminal records and punishments from outdated marijuana laws. How can states that will legalize recreational marijuana in the future learn from this example?

Burn Joints and Email Inboxes at This Weed-Friendly Co-Working Space

In the heart of downtown Denver, a historic business building known for eccentric parties is reinventing the meaning of a relaxing work environment. Balcony West Event & Business Space is a 21+ office combining all of the traditional amenities of a downtown office, with the freedom to smoke as much as you’d like on the private balcony.

Owner Phil Falco remarks “I’ve owned the space for a number of years, and I’ve had it as a co-working space. It’s ready to go. Now that I’ve got a new focus, I’m going to get some new furniture for the balcony.”

Hemp, Inc. Reports Latest Updates on “The Great American Hempathon” at “The Hemp Veteran Village Kins Community” in Golden Valley, Arizona

Competitions are nothing new to the cannabis industry, but The Great American Hempathon is not your average competition. Taking place southeast of Las Vegas in Golden Valley Arizona, Hempathon provides a regulated platform for growers to plant, care for, and harvest five to ten acres out of a 300-acre lot of CBD quality hemp. Each team is responsible for their own lot, while provided with equipment, security, and assistance in sale and harvest. Hempathon also includes a variety of Hemp University classes, from beginner to masterclass, and plenty of vendors, networking opportunities, and educational experiences.

California marijuana retailers charge product suppliers for shelf space, creating friction in the industry

A growing trend in California dispensaries is to sell shelf space to competing brands, which raises concerns for California cannabis companies trying to maintain a specialty craft brand. Smaller companies will have a harder time showing off their unique qualities, while larger companies will use their expanding resources to buy more space with higher price tags. Current legal murkiness adds to the confusion/friction on this issue, so future legislative action may have to be the deciding factor for this practice.

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