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Here’s to a great holiday for everyone out there, along with friends and families.

We are thankful for the privilege of working with so many great people and companies every day, and in such a dynamic area of law and policy.

Enjoy the holiday! We’ll be back tomorrow.

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Bud Digest

UK firm 4C Labs has been given the first licence to cultivate medical cannabis in Guernsey.

It follows a visit from the UK Home Office to the island to look at the company’s infrastructure and security.

Deputy Neil Inder, president of Guernsey’s Economic Development Committee, said cannabis would not replace the finance industry, “but it’s evidence of diversification and that is a good thing”.

– Read the entire article at BBC News.

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Bud Digest

CNN is releasing the sixth installment of its famed Weed documentary series.

Hosted by CNN chief medical correspondent Dr. Sanjay Gupta, the series focuses on the medical and therapeutic benefits of cannabis and hemp and has been credited for changing the paradigm around medical cannabis and CBD around the world.

It all started nearly 10 years ago when Dr. Gupta began traveling the globe to investigate the benefits of medical marijuana. The first installment of the award-winning documentary series premiered in 2015, highlighting the remarkable benefits of CBD in treating seizure disorders in children.

– Read the entire article at Benzinga.

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Bud Digest

Fresh off of news that California is set to raise the cannabis cultivation tax despite projections of a $31 billion surplus, one marijuana entrepreneur is calling for a potential tax revolt this summer.

Michael “Mikey” Steinmetz, co-founder of the company that makes the Flow Kana cannabis brand, is threatening to withhold his taxes unless Gov. Gavin Newsom and the Legislature adjust state marijuana regulations July 1, 2022. He is calling on other CEOs to join him in this effort.

Steinmetz issued the declaration in an op-ed on Medium, published Monday and co-written by his wife, Flavia Cassani. He criticized the California Department of Tax and Fee Administration’s plans to increase the cultivation tax this January, writing “We simply reply: We’re not going to pay.”

– Read the entire article at The Sacramento Bee.

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Bud Digest

As Connecticut prepares for the lucrative sale of adult-use cannabis, an advocacy group announced Tuesday it will work to make sure the new industry draws broad participation from Black and other underrepresented communities as called for in state law.

“All these out-of-state operators … are coming into our state and they’re coming into our state because they see the money that can be had and so we want to make sure that those funds are invested in our communities,” said Andrea Comer, chair of the Social Equity Council and deputy consumer protection commissioner, But translating that into action will be complicated. Those who want to be cannabis sellers must meet requirements for income, residency and business verification that will be approved next month by the council, Comer said at a news conference in Hamden announcing the Alliance for Cannabis Equity collaboration.

– Read the entire article at Courant.

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Bud Digest