Hi,

California Governor Newsom has 17 drug reform bills awaiting decision, including the legalization of certain psychedelics and cannabis-related employment and environmental protections. He'll decide on cannabis bills by October 14th and on psychedelic legalization by October 17th. Newsom can affirm, veto, or not take action, and the bill will pass without his signature. In the latter case, when critics attack him, he can say, "What bill? I was really busy. Do you know how busy a governor is?!"

In New York, health concerns arise as cannabis products exceed microbial standards, while Missouri faces a massive cannabis recall due to tracking issues, causing financial strains.

In New Hampshire, an innovative proposal has been introduced for a state-run cannabis model that mirrors a franchise system. Under this plan, the New Hampshire Liquor Commission would have oversight on product quality and marketing strategies, while private entrepreneurs would manage individual retail outlets. The state envisions establishing up to 65 cannabis stores, with a strong emphasis on implementing strict packaging and marketing guidelines. So, think of people owning a franchise like McDonald's but with really bad advertising and run by the government. ;)

Feel free to subscribe to our CBD or Investors International News Roundups.

Have a pleasant week!
Jessica