Welcome to the latest edition of “Last week in Weed,” catching you up on the latest breaking news and industry developments in the world of cannabis.
Here’s what you may have missed over the last week:
Cannabis Stocks Experience Mixed Movements
The cannabis stock market saw varied performances this week. Companies like Green Thumb Industries, Tilray Brands, Curaleaf Holdings, and Canopy Growth Corp. are exploring the hemp-derived THC market to offset declines due to delayed federal legalization. Hemp-based THC, legalized under the 2018 Farm Bill, offers a less regulated avenue that could potentially generate significant revenue. Are there risks associated? Definitely, but with the constant “maybe tomorrow” treatment the federal government continues to give, alternative avenues are bound to be explored.
Kosher for Passover THC Gummies Introduced
Jewish cannabis consumers everywhere rejoiced as kosher-certified THC gummies have been introduced just in time for Passover. This marks a historic first, allowing observant individuals to partake without compromising dietary laws. The move reflects the growing integration of cannabis products into every facet of life including diverse cultural and religious practices.
‘Cheech & Chong’s Last Movie’ Set for Release
Comedy legends Cheech Marin and Tommy Chong are bidding farewell with their upcoming documentary, “Cheech & Chong’s Last Movie.” The film chronicles their 50-year partnership, featuring a mix of animation, interviews, and unseen footage. Notably, Chong expressed surprise at Marin’s decision to forgo his iconic mustache for the project, symbolizing a departure from their traditional image. Fans can anticipate a nostalgic and humorous journey through the duo’s storied career.
Also Read: The Future of Sustainable Cannabis Packaging
Study Advocates for Outdoor Marijuana Cultivation
A new study suggests that transitioning to outdoor marijuana cultivation could reduce the industry’s greenhouse gas emissions by up to 76%. The research shows the environmental impact of indoor growing operations, which require substantial energy for lighting and climate control. Embracing outdoor cultivation not only offers ecological benefits but also aligns with sustainable agricultural practices, presenting a compelling case for policy shifts in cannabis production.
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