Happy New Year and welcome back as The Blunt Truth begins its
seventh year of publication.
Last month I was on a panel at CannaVest West, the cannabis
business summit held in San Francisco. This was held in the
days just before the Omicron variant dominated the news, so was
reasonably well attended by industry professionals. I would
like to share with you some of the buzz from the conference.
Federal legislation
legalizing or de-scheduling cannabis is not in the immediate
future. For some time now, industry leaders have
been saying publicly that federal legislation is just around the
corner. Well, it's not, and those in the industry have
come to recognize this. So, what does this mean? It
means that cannabis business will still be conducted on a state by
state basis while some members of Congress continue to advocate for
federal legalization or decriminalization of cannabis.