Jay Rosenthal and Jeremy Berke (Cultivated) are joined by AnnaRae Grabstein (High Spirits) and Marc Hauser (Cannabis Musings) for a wide-ranging look at where the cannabis industry stands right now.
This week: Congress surprises everyone with a serious bipartisan hemp regulation bill — Representatives Andy Barr (R-KY) and Angie Craig (D-MN) introduce a framework for consumable hemp, potency caps, and FDA oversight. Is it destined for a continuing resolution or the chopping block? The panel breaks it all down, including why inhalables are the elephant in the room.
Then: The so-called "Year of M&A" has so far been mostly Vireo doing the heavy lifting. What does deal flow actually look like right now, and are private companies quietly outpacing their public counterparts? Plus, Jeremy's interview with Rove founder Paul Jacobson reveals what building a $100M private cannabis company actually looks like.
On rescheduling: When will the ALJ issue its finding? (Jay bets the Friday before Labor Day.) And what happens next — Marc walks through the lawsuit landscape, the DC Circuit, injunctions, and why the real action is still to come in federal court.
Winners & Losers: AnnaRae salutes the California State Fair's cannabis activation (100,000 sq. ft. and counting), Marc mourns the layoffs at CannaCraft, March & Ash, and NorCal Cannabis, Jeremy praises the bipartisan hemp effort, and Jay shouts out the Oakland Ballers — soon to become the Oaksterdam Blazers for a day.
Guests:
AnnaRae Grabstein (High Spirits Consulting)
Marc Hauser (Cannabis Musings)
Jeremy Berke (Cultivated)
Host:
Jay Rosenthal, Cultivated