Welcome back to The Week in Weed, your Friday look at
what’s happening in the world of legalized marijuana.
Let’s start out with the world of
cannabusiness. MedMen CEO Adam Bierman left the company effective
February 1. Shares climbed 13% on the news. Bierman is not the only
person in the industry losing his job; several companies recently announced
layoffs.
Turning our attention to the states, the New York State Bar Association announced its
approval of legal adult-use cannabis. Perhaps a thumbs-up from a
bunch of lawyers will do the trick this time?
Missouri is also looking favorably on recreational
marijuana. Missourians for a New Approach supports a
ballot initiative; they need 160,000 signatures by mid-May, so the
clock’s ticking!
