LOTS TO TALK ABOUT
• A former alcohol lobbyist weighs in on the similarities and differences about the booze, bud and tobacco industries.
• The commercial legalization of cannabis in Colorado isn’t a perfect system. What’s wrong, and how it could be improved?
• Other states, take note: These are the biggest issues facing Colorado’s cannabis future.
• Building databases and following trends in weed prices for legal markets.
TOP MARIJUANA NEWS
Cannabis real estate company gets NYSE approval, but Wall Street debut delayed: The first cannabis company to land a listing on the New York Stock Exchange could soon go public; however, a culmination of factors — including marijuana’s uncertain future on the federal level — appear to be giving investors some pause, an analyst says. For the second time in three business days, Innovative Industrial Properties, a San Diego-based real estate investment trust (REIT) for medical cannabis facilities, downsized its planned offering. On Tuesday afternoon, just before 2 p.m. MST, the company notified the U.S. Securities and Exchange Commission that it planned to offer 4 million shares at $ 20 per share. –Report by The Cannabist’s Alicia Wallace
Want to smoke Hunter S. Thompson’s weed? Since we broke news of plans for a Hunter S. Thompson museum near Aspen two summers ago, his widow, Anita Thompson, has steadily been hard at work to honor the literary legend and counterculture icon. In June, Thompson closed on a legal trust transfer of the 42-acre Woody Creek compound known as Owl Farm, in the central Colorado Rockies where the author lived from 1969-2005. The transfer now gives her full control of the property, along with ownership rights to the “Gonzo” logo and her late husband’s likeness. Aside from the private museum (slated for a late-2017 opening), up first is “a Gonzo brand of cannabis to be sold in recreational marijuana dispensaries,” she exclusively shared with The Aspen Times. –Report by The Cannabist’s Katie Shapiro
Colorado gov debuts plan to battle homelessness with pot taxes: Gov. John Hickenlooper is proposing “aggressive” new efforts to address homelessness in Colorado, returning to an issue that helped launch his political career in his final two years in office. The governor’s budget request for fiscal year 2017-2018 asks lawmakers to put $ 12.3 million in annual marijuana tax revenues toward building new housing units for people who experience chronic and episodic homelessness. His plan also includes another $ 6 million a year for housing for low-income residents and others with behavioral health needs. –Report by The Denver Post’s John Frank
Test your current-events knowledge about Maine’s marijuana recount, the U.S. Supreme Court refusing to hear an appeal about federal marijuana laws, a new pot shop that had it’s opening delayed and more.