Trump to Congress: SAVE THE CBD🚨 Illinois Doubles Possession
Trump Signals Support for Full-Spectrum CBD as Dispensary Operators Share Compliance, Illinois Law Changes, and Market Updates
Hosts of Cannabis Legalization News announce a new operator-focused segment and newsletter, discuss a White House push to keep hemp CBD legal via a narrow mention of “full-spectrum CBD,” and debate how rescheduling could affect hemp and finished cannabinoid products. They tour their newly opened Pekin, Illinois dispensary with general managers Sean and Brittany, covering people-first management, education, Dutchie systems, payroll, menu updates, and compliance. The hosts describe Illinois legislative changes pending the governor’s signature, including a hemp regulatory scheme, delayed hemp provisions, immediate dispensary changes that may remove mandatory on-site licensed security costs, and potential hybrid medical sales. They also review stories on blocking medical cannabis in federal workers’ comp, Louisiana exiting a rescheduling lawsuit, Alabama’s first medical store after delays, Tennessee restricting hemp THC products, Kentucky expanding medical conditions, Trulieve’s NYSE uplisting path, Connecticut psychedelics efforts, and travel warnings about cannabis in Mexico, while promoting sponsorships and their Freedom Grow round-up donations.
00:00 Trump to Congress_ SAVE THE CBD_ Illinois Doubles Possession
00:22 Intro & Lead Story: Trump Pushes Full Spectrum CBD
04:44 Behind the Counter: Meet the Dispensary GMs
11:10 Illinois Doubles Possession Limits: Wedding Gift
16:53 Congressional Block on Medical Marijuana Workers Comp
18:22 Louisiana Drops Rescheduling Lawsuit
21:56 Alabama Opens First Medical Dispensary After Years of Delay
28:44 Name That Strain: Billy Ocean Edition
31:07 Tennessee Bans Hemp THC Products
36:30 Kentucky Expands Medical Cannabis Conditions
39:05 Trulieve Eyes NYSE Uplisting
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1 SPEAKER_03: What's up, everybody?
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you in your cars, for example, on Apple Podcasts, even.
So it happened.
Uh, we're open for business, and we're gonna have a new segment
on cannabis legalization news for the operators.
And if you want to get all the stories, we have 10 of them each
week each week.
Uh you can scan the QR code on your screen or go to cannabis
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for our newsletter from there.
The neat the main lead story is Trump is really telegraphing
that he wants full spectrum C B D.
We've been talking about this pretty much since November,
where yes, they're going to close the farm loophole.
The only hope is maybe full spectrum C BD.
He seems to be on that page.
Uh I was off last week, did a thing, did another thing, we got
back, and now we're open.
So it's games legalization news from two people who own a
dispensary.
Happy pride.
Happy pride.
That's right.
It's June now, isn't it?
Oh, yeah, yeah.
Only for a month.
Then you gotta be sad.
Well, what happened in your uh in your neck of the woods?
We were off last week, but um Oh you did a thing.
Congratulations to uh Mr.
and Mrs.
Howard, everybody.
That's right.
That's right.
We got married uh last week and uh it was a wonderful ceremony.
Hell yeah.
And then okay, the state of Illinois gave us a gift, even it
was great.
That gifts coming on on Monday, and so we'll talk about that
after we talk about our lead story.
And and we have we we haven't figured out the name of this bit
that we'll do, but now that we operate a cannabis dispensary,
we can for educational purposes only.
Remember, educational purposes only.
That's how you make sure that you are not failing the
compliance test with the YouTube overlords that we are um
beholden to.
But uh they we we have a cannabis dispensary now, and so
we can explain uh tips and tricks uh and compliance points.
But our our lead story was the the Trump administration.
SPEAKER_04: Yes, yes.
Uh hot take.
Uh what you what you uh I okay, Cotton.
Nice try, Cotton.
They really tried to come through on this one.
Cotton, I don't you were seeing uh uh dodgeball or dodgeball.
SPEAKER_03: Well, there's also a senator cotton, like literally
from uh from Oklahoma, I want to say.
I'm gonna I'm gonna okay, good.
SPEAKER_04: But uh yeah, the White House pushes Congress to
keep hem C BD products legal by amending broadband that's set to
take effect later this year.
Will it matter?
SPEAKER_03: No, like the only thing the only thing they're
gonna come save is C BD oil.
And then did you did you dig into did you read the um there
was they put out like a like that that news story, the
marijuana moment.
They do link to their original sources, but did you check out
the original source that they had from that office from the
administration and and the actual blurb that created that
news article?
SPEAKER_04: It was just a uh uh urge, it wasn't a real press in
it.
It's not a uh I mean that's what I got from it.
SPEAKER_03: Did you read the periodical the press release
from the federal government?
Okay, that's that's what I wanted to to have.
And so the periodical had like one sentence in it.
I I am not in front of that sentence, but uh that's all I
wanted you to uh bring that up, or uh I don't even have a show
notes up.
I'm sorry.
SPEAKER_04: No, you're good.
I got everything over here, but what's the uh um particular uh
sentence?
The summary is this is the federal kind of where does it
say CBD?
SPEAKER_03: I mean, because like the vast majority of that had to
do with farming.
SPEAKER_04: Let's see.
Uh welcomes the opportunity to work with the Congress to, at a
minimum, update the statutory definition of final hemp derived
cannabinoid products to allow Americans to benefit from across
two appropriate full spectrum C BD products.
SPEAKER_03: That's it, that's it.
That's it, to allow Americans to benefit from full full spectrum
C BD products because right now full spectrum C BD oil does not
exist as a term of art like hemp does, or like hemp derived
cannabinoid product does, or like marijuana does.
SPEAKER_04: But what you know, once rescheduling happens, is it
really gonna matter though?
You know what I mean?
Like it's one plant, one oh you can hear me, but I'm uh freezing
up.
SPEAKER_03: Our viewers don't seem like they have a problem
with it, so that's fine.
But uh, we have to work on a new name for for this bit.
Uh let's check in and and peek in at a dispensary and meet some
of the people that work there and figure out what it's like to
not just work in a dispensary, but to manage one.
SPEAKER_04: There you go.
SPEAKER_03: Hey, hey, hi Britney.
Hey, hey, Sean and Brittany.
And then where are you guys standing right now?
SPEAKER_02: Uh we are actually staying just behind the POS.
Um, kind of where patrons will be looking over the POS up
towards the menus here, uh, kind of behind the scenes, at least
back behind the counter here.
SPEAKER_03: Yep.
One of the cool things we were working on this past week is we
made that menu uh and we we customized it and we can we can
update it accordingly.
But you guys are our general managers at the shop, and so
what we want to do with this sketch is to educate people
about how it is to actually work for a dispensary.
So, what do general managers uh, you know, maybe each of you can
give us like two or three points about uh job of general managing
a dispensary?
SPEAKER_02: I would say, I mean, uh in terms of being a manager,
you've uh you've got to be a people person.
You know, I work with a lot of people, not only uh co-workers,
but patients that come in.
Um, you know, we we deal with those patients um one-on-one,
and uh just making sure that you know the people that we have in
place as managers um is what we're looking for.
Um not only that, um obviously lots of behind the scenes that
people don't see in terms of uh you know working with uh all
sorts of different types of uh apps, things like that, uh
payroll and uh ducky backend and um you know the menu, things
like that.
Um, you know, it's things that yeah, that we do uh kind of as
managers, but people first to first, you know, you got to be a
people first, especially you're you're dealing with your
employees all day uh and with uh patients all day, obviously.
Right.
SPEAKER_03: And then okay.
Well, uh Brittany, what about you?
What's uh uh because you're right, there's a lot of
compliances, a lot of people, but what are the things that uh
you find are important in managing a dispensary?
SPEAKER_01: Um, I think everybody being here for the
same goal, I think that you know, as long as everybody's
here for the plant and we can all respect each other and kind
of work off of that and you know, wait on a lot of time.
I know we're not exactly where we want to be, but we've moved
mountains, we just have to move them a little bit further, you
know, just to make us equal with the you know, alcohol or things
of that nature, make us just as acceptable.
Um, I mean, having a commitment to the healing of the plant, you
know, there's so many municipal uses, so many people are using
it for so many different things.
So just really working on your education and being able to
express those different points to people when they come in and
ask for specific things, whether it be for sleep, anxiety, just
to get stoned, you know, just you have to be really
well-rounded in the plan and the different products that you have
behind the scenes.
And uh, you know, a lot of people are like they're familiar
with us working with Dutchy, but they don't realize that Dutchie
might have three different uh, you know, applications to it,
and that you have to work with all of them coincidingly to get
them to, you know, work the way that we need them to.
So having the soft launch that we've done is really beneficial
to us as managers and being able to really zone in on the things
that we need to work on.
That way we can give the best experience to our future
employees and to our customers that come in every day.
SPEAKER_03: Right.
Well, thanks for stopping in and and we'll let you get back to
it.
And then we'll talk about other aspects of running the shop that
we think are important for people to know and understand
because it's not just it's not just breaking down pounds and
selling wheat.
There are so many things that you have to do to do it the
right way.
And you know, with hemp going away, uh, I'll do a video about
um why uh the hemp industry was able to spread so quickly
because they had no they were not weighed down at all by
anything.
But thanks, guys.
Uh thank you for coming on.
We'll see you next week or so.
See you next week.
Thanks so much.
Thank you guys.
Hell yeah, dude.
Oh, you're good.
Awesome.
Well, um, yeah, shops open, man.
I can't believe it took us how many years.
SPEAKER_04: So I you know, it's the funny you say it's a new
segment, dude.
And I I really think like people don't grasp like this is like
step seven on a fucking 10,000 mile journey, you know.
It's you've been announcing and showing like it started on a
fluke with the with our shop, at least, when it came to applying,
right?
Like people all this bitching and moaning about like, oh well,
you know, big MSO and this and that.
And it's like, if you want to to be in weed, if you really again,
there's so much bullshit you gotta put up with.
My Reddit ad lasted a day.
Oh, uh and that's all it showed.
SPEAKER_03: We looked at how how Verano does their Facebook ads,
and I ripped off their funnel.
And so the next time I talk to the Verano salespeople, I'm
gonna be like, Thanks, man, that was freaking awesome.
And so we have a Facebook ad right now that is compliant, but
what is compliant?
SPEAKER_04: That's a problem with cannabis, is like we've
been doing this for so long, trying to play by the rules of
like not smoking on screen.
We've always been educational.
This is not uh uh uh uh YouTube, like let's do as much blinkers
as we can.
Uh show, you know, this whole time.
Uh, people who watch us are just like really weird potheads are
into policy, you know.
It's like nobody wants to go to jail, I would hope.
You know, no one wants to be an asshole.
Yeah, so you've been doing this journey.
This is more than just uh uh you know the beginning of how to be
a dispensary.
This is like okay, we're here and now we we're running a show,
right?
We're we're still finding price points, you know.
SPEAKER_03: There's still finding yeah, that's gonna be
another video that I gotta do now that that software is
working.
Uh how and it's it's but it's also a marketing video because
we're gonna be able to say, like, why do you know our prices
are uh we meet or beat 90% of the prices in our competitors,
and we have 70 different inventory than they do.
So if you want differentiation, great prices, you know, you can
come to us, and I'll and I'm gonna walk people through the
pricing algorithm that we invented over the past uh month.
So one of the reasons I wasn't making videos is I was working.
SPEAKER_04: Sorry, right, and again, this is all part of the
process you've been doing.
First, you secured the bill.
Well, again, how many times did you get denied first?
74, and then you know, and then our our state social equity
fiasco, you know, like because we're not social equity.
SPEAKER_03: Let's talk about the gift this the state of Illinois
gave us for our wedding.
Uh uh, yeah, that was Monday.
Waking up to this on a Monday was crazy.
Illinois lawmakers have uh changed the game the most they
ever changed it.
Probably the most they've changed it uh, you know, since
2019, but definitely since they changed the law to allow for
Miggie and I to qualify social equity and win that lottery.
That was four years ago.
Uh what they've done now is huge.
They've created a hemp regulatory scheme uh to get it
in line with the federal regulatory scheme.
So now they have the same federal and state definition,
provided that the governor signs it.
But the governor has been trying to ban hemp for a while.
And they have they've even built in the same uh ticker, you know,
so like the hemp parts won't go into effect until November 12th,
but the non-hemp parts are immediately.
Uh, one of the nice things with our immediately is, and one of
the reasons why the hemp uh people that pedal online uh or
just down the street uh can beat you, is that they don't need to
have a contract with a security guard that's licensed by the
state of Illinois, and you have to pay somebody and have a
security guard on-prem for all operational hours.
So, you know, you have in there at$2,850 an hour.
Uh so that that is your large, one of your larger um employee
expenses is actually your security guards in the state of
Illinois.
So, like, we're gonna be spending over$100,000 a year on
the security guards.
Now, we don't need to.
And so, like, we'll we'll let them go, but then we'll we have
to have somebody who's in charge of security.
We're gonna get a hat that says security on it.
We're gonna hire the strong guy, maybe like uh some strong guy
who likes wheat.
We could probably pay him substantially less, and uh then
we'd be able to also have another badged in employee who
could be a bud tender.
Uh, but that will save us some cash.
And then the uh other thing is now we could do uh a dedicated
pickup area and we can be hybrid.
So we can file a piece of paper and have the ability to sell to
medical patients without the tax.
I mean, we can sell to an adult medical patient in Illinois, but
we still have to collect the taxes.
And so the the medical would have the ability to have, for
example, this is Billy Ocean, an eighth of an ounce of him.
Uh and uh so that would have had two different taxes and two
different tax schemes, and so it would be cheaper for the medical
patient.
SPEAKER_04: I'd like to point out too though, I mean, people
are gonna gripe about you talking about the security guard
and the the like because we're forced to to to have this
because with the security cards the insurance and all the other
stuff that's along with it that increases the price, but like
you can't be profitable.
Well, and that's the thing, is we're just two people.
SPEAKER_03: We are two, so uh like by the way, you want you
you want the cannabis industry to be like the airline industry,
but I mean the best person loses uh quarter thousand dollars or a
quarter million dollars a year, but they grew by like three
percent, so they can just kind of absorb the the the loss.
However, you can't absorb the loss, there's no F in banking.
So the rules of uh you know uh startups don't apply.
It actually has to be the rules of cash flow.
We will address this on the other side.
Why is that not coming off?
Okay, there it is.
SPEAKER_04: My my point being though, bro, is like people who
who who like the Chris 420 buddies that's and everybody
else, Hawaiian sustainable is in the chat.
SPEAKER_03: You know, they're gonna be like uh oh, you don't
want to pay a we're living wage, or or the state forces you to do
a thing, but again, we are not truly we're not a big MSO, it's
just two two two friends that come along, but then with truly
for those other big USO MSOs.
So great, you go now.
You want it to be like the airline industry where you have
to go raise billions of dollars to lose money.
So you created this regulatory scheme to be able to sell this
thing, and you made it so expensive to operate in the
industry, the only way to operate in the industry is at a
loss, yeah.
SPEAKER_04: I well, and and that's kind of the argument of
social equity, right?
A lot of people who do get these licenses are not are signing
into lost contracts, right?
SPEAKER_03: Or they're getting screwed over, essentially,
right?
Well, uh, it depends on if you can actually sell enough
product, that's the thing.
And so if you can't move enough product, uh it's and so there's
like a a minimum threat.
That's one of the reasons why they have the limited licenses,
and so like they should be able to administer the regulatory
load in a sufficient way to allow for people just to you
don't open up shop to go completely out of business, and
you can't even file for bankruptcy because it's in
cannabis.
Maybe you can after schedule three.
Uh, it's just that the economics of it are not what people think
they are.
SPEAKER_04: Well, is that you brought it up, schedule three?
That's about another thing that's going to change
everything as well, right?
Wouldn't this now because states are gonna try and and
restructure, I would hope, to be everything medical.
SPEAKER_03: A lot are, yeah.
I mean, that's one of the things with Illinois is doing.
I I think Illinois doing the hemp and then also the medical,
and so like now all their dispensaries would be compliant.
So, I mean, that they can all get regular uh registered.
SPEAKER_04: Do we have the opportunity to doing that or is
it just a medical?
Yeah, so again, we have to wait for those rules to apply so we
can apply for the bigger.
SPEAKER_03: Anything, please, to not show me on the screen
because this this doohickey finally warmed up.
SPEAKER_04: Oh, you're good.
Go ahead and smoke your uh what you got?
Let me pull you out.
Let me add uh this little trigger there.
Congressional committee votes to block medical marijuana from
being covered under work employees comp for federal
employees.
So again, let me just guess here.
Republicans Republicans hate weed.
I I uh why don't we this administration is obviously
making uh moves to go forward?
Do people try and push back?
Like, uh, looks like you had your smoke.
I'll add you back.
Yep, hello.
But like, what is up with these people who hate weed, man?
SPEAKER_03: Like, like, like why they should rename it Freedom uh
Freedom Lettuce.
They renamed it Freedom Lettuce or like Patriot Grass, you know.
Uh and then that's that's what we need for our 250th
anniversary uh in America euphemisms for for marijuana.
Let's let's uh and then that's that would be exactly the only
bill we would need.
Just like it's a bill to rename marijuana patriot grass or and
uh freedom salad, and and then uh you can't let it be called
patriot glas grass and keep it at schedule one.
SPEAKER_04: We got a patriot pot, or how about we just tell
the administration there's oil and weed, and we just have a
world oil and weed, that's it.
SPEAKER_03: Uh, and there literally is, but then when they
get there, they'll be like, I can't put it in my car.
Sorry, kind of dab is this, but um yeah.
SPEAKER_04: Uh next up, uh another person.
Uh uh, but this one's kind of uh called toe in the line.
Here we go.
Louisiana Attorney General withdraws from the lawsuit
against Trump administration, marijuana rescheduling move.
So at the same time, you have people who recognize like
they're not gonna win this fight.
Sam just pulled out.
SPEAKER_03: I thought I thought Louisiana pulled out, Sam got
dismissed.
SPEAKER_04: Oh, did it was everybody I guess?
SPEAKER_03: Sam got dismissed, Louisiana pulled out.
It was a different lawsuit.
The Sam lawsuit got dismissed.
Louisiana and two other states filed suit, and then they're
like, Oh, okay, I guess.
So Louisiana's lawyer must have actually checked the law and
been like, this is uh not gonna end well.
And so they just they just dipped.
SPEAKER_04: Well, I think big picture, uh rescheduling is
gonna eliminate the this hemp conversation eventually, right?
Like, like, like if uh hemp is gonna be back to no, no, like um
to the extent they're trying to sell hemp as marijuana.
SPEAKER_03: Yes, it should get that out of there.
Uh, because then with rescheduling now, you're gonna
you're gonna it's gonna be weird.
I it wouldn't surprise me if cannabis or marijuana stays in
two schedules, they'll be like the the regulated market will be
schedule three and the uh irregulated or the the
traditional market, the illicit market will be schedule one.
SPEAKER_04: I mean, would it would the whole thing still be
goddamn THC percentage being the dividing line between medical
and adult use?
I think it's gonna be a license.
Even with like in this uh adult use market here in Washington
State, uh the consumers they they became educated where in
the beginning you couldn't find anything high C B D site CBN
while everybody was growing C, you know, ITHC.
That's the biggest problem.
So do people buy?
Well, then that's the thing though.
The market per dollar it did, but eventually the market has
panned out where I can go to the store and buy a C BD only joint
that's grown in the regular marijuana market, right?
Where these cats aren't like worried about the percentages,
they're just this is a higher CBD percentage than the other
one.
Doesn't have to meet a spec to be considered hemp, just
automatically is marijuana.
SPEAKER_03: Well, you know, that leads story.
What was what were we talking about?
Full spectrum CBD products, finished hemp goods.
And so I think we're gonna have some finished hemp good issues
uh become what the law will actually be, and then you're
gonna have a new term of art that the Congress has to make up
that says that it's uh whatever full spectrum CBD is, uh but
that they have to make that up.
That's like legislation, and so I don't think that's gonna get
made up until after the midterms.
I don't think you're gonna get a definition of full spectrum C.
But like the FDA is out there.
I mean, when when was the FDA supposed to give us those those
lists of cannabinoids?
That was in February.
So they're like only about four months late.
Remember when we applied for that loan?
Yeah, because you're literally social equity, and we literally
followed the rules, and they gave us a license, we got it
open, and then they said you weren't social equity.
That was the funny thing.
Like I file, I filed that lawsuit, and then I had to go to
uh and then we did a show, and then and then I I went to
Florida.
Yeah.
SPEAKER_04: Well, this is also the state where smell is not a
crime, but it also is right.
Burnky, good uh raw crime, yeah.
SPEAKER_03: And so and hemp legal, uh very confusing, you
know.
Uh arbitrary and capricious is a term that's tossed around from
time to time in legal circles.
In this instance, it fits.
Uh we'll see cannabis.
Yeah, let's see.
So, what's uh what's the next story going on in the cannabis
world for the week?
SPEAKER_04: Well, Alabama has their first medical uh store
opening up after.
SPEAKER_03: You think we had to bleed?
The Alabama licenses were extremely exclusive, like
extremely expensive.
And uh it took look at that enacted in 2021.
I want to say 2023.
It happened the same time we did, I think.
The Alabama license round closed in uh April of 23.
And then they I think that could have been Texas and Florida, it
might have even been before then.
I think it was.
And so, like uh they had very few winners, and then though
those winners all sued one another uh because they didn't,
some people didn't win, and then they had to uh eventually get
open for business five years later, so just taking a loss for
forever.
And so then if you can control the supply of customers and not
share them, you might be able to make that money back.
But if you just are competing with the internet selling
marijuana and calling it THCA, uh, or you have a town of 30,000
and three dispensaries in it, um because like the way Illinois's
done it, we have weed deserts, and and uh, and then so you go
from a desert to an oasis of dispensaries, and so that
dispensary is serving a population that is too small for
the number of dispensaries that you have.
So, like you kind of need this desert oasis type thing to
support migratory like uh sales, but you know, the the cost of
running one of these shops is stupid high, just stupid high.
SPEAKER_04: Well, especially in the in in in nascent states, I'd
imagine, right?
You're getting the rules together.
How how long do those guys?
SPEAKER_03: Your TAM's your TAM, your TAM is your TAM, and so
like you really can only grow into the size of the business
that's around you, right?
SPEAKER_04: Sure, but but but getting your foot in the door
for it to start, right?
Because this whole regulatory lawsuits and everything else
that happens.
Well, we're not even on Google Maps yet, yeah.
SPEAKER_03: Well, even before that, though, how like you do
you want to know why we weren't on Google Maps, everybody?
Because I have an iPhone.
Wow, that's it.
Get the fuck out of here because I have an iPhone, and so like
for Google, they tell you how to get on, and then it's a
marijuana license, so they tell you how to get on Google Maps,
and then there's a QR code, and then it goes, make sure that
your um your phone is situated so that you can allow for the
usage of the camera and the microphone and the location
services, and you turn all that on, and Google goes, you haven't
turned it on.
And I'm like, God damn it.
And so uh uh Sean, our GM, has an Android, and so I said, Can I
use your Android?
And it worked.
That's that's just troubleshooting fly.
Because Google hates Apple.
I'm sorry, yeah, yeah, Google and Apple.
But we got on Google Maps, couldn't get on well, god damn
it, and then both of these companies name their their their
product maps, so it's Apple Maps, Google Maps.
We're on Apple, but not Google.
SPEAKER_04: But that that's that's not because of weed,
though, but there's so many other things that because it's
weed, you know.
I mean, like if we are a restaurant, the advertising can
take seconds, everything, right?
SPEAKER_03: Everything, right?
You could get a bank account, you could have your cash flows
be used for um uh you know credit services.
You wouldn't have to pay hundreds of dollars a month for
cash handling or for like a bank account, you wouldn't need a
eighty thousand dollar vault.
SPEAKER_04: You know what's funny, uh, and it's not funny
really, but like the bitch and a moaning I hear from the hemp
people, like like the the Chris's is like uh they're
they're they're talking about like oh well you know weed's
already legal, here I am doing it.
But like the the thing is that was bound to go away because the
consumers had no rights, then there was no regulation, yeah.
Well, that's what I'm saying.
But the regulation, the fact that each state was trickling
their own thing down, like a form of legalization, and with
no federal guidance, you just knew it was coming, like like
even now if they extend this, this, this they won't in the
beginning, but even if they did, eventually it's gonna go away
because rescue it's the same plant.
Will you be full spectrum hemp?
It's weed, right?
SPEAKER_03: You know, so that's why I think you're gonna get
more levels, and so the FDA has to show uh the FDA needs to say
something on this issue, yeah.
And and when the FDA says something, that's when I think
you get full spectrum.
That's when you get the ratios and the levels and the amount of
THC that can be in a finished good, and then you get you get
you get another one as well, and so you have hemp derived
cannabinoid products, and then you have full spectrum CBD, and
then after that, you'll have marijuana.
Well, actually, maybe after that you should have cannabis, and
then after that, you would get marijuana.
Now, cannabis and marijuana are basically the same thing.
Here's the difference one's grown on a license and it's like
tested and controlled and taxed, and the other one ain't.
See, you're you're making it just as confusing as the hemp
shit.
Like, like, like, like it's the same fucking plant.
Well, how do you how do you like but moonshine wasn't moonshine
wasn't bourbon?
So, like, there's gonna be a moonshine aspect of it, there's
gonna be an unlicensed component.
That's still the same plant.
That's what I'm saying.
SPEAKER_04: No, I get you.
I understand.
You're just you're trying to draw a line of like what used to
be a traditional market to what is becoming the regulated
market, right?
But yeah, I think confusing that most people just want to be
law-abiding citizens, I would imagine, right?
Like, like you you you find weed, you're like, man, this
plant's not that fucking bad.
Not like, why is this illegal, right?
And then it goes on to other questions in life, but like but
like this this ambiguity because it's the same plant.
I think like like one of the things everybody's like, this
schedule, yeah, no shit.
But like, how do we get there, folks?
How do we get to real legalization where where a
consumer has rights, where truckers have rights?
You know, how do we get to this point where cops aren't
arresting you for smell?
SPEAKER_03: You need that registration process that's
going on right now.
SPEAKER_04: Well, there's gonna be the eventual right, yeah.
Uh uh the change, the rules need to change with it.
Um, and it is happening, I mean, slowly but surely, but it's
unfortunately it's just the sports, you know.
WNBA removes marijuana.
SPEAKER_03: They're private, they're private.
SPEAKER_04: There you go.
SPEAKER_03: So, like, you know, they aren't the federal
government.
SPEAKER_04: So, I mean, like change is slow and painful.
SPEAKER_03: Well, I heard I heard the uh the the current
president's supposed to show up, so nothing makes you lose like
having him show up.
SPEAKER_04: Well, it's funny how how you show you.
Oh shoot, dude.
Yeah, oh you know what we should do.
We should play a little name that strain.
SPEAKER_03: Uh okay.
Um, hopefully, let me see if because that one I think I put
okay, good.
I dropped the name in the in the show channel, and so like the
the leafly link is there.
We could do some name that strain.
Hit the button.
SPEAKER_04: I alright.
There it is.
This bad girl's uh blawerful sativa dominant hybrid with THC
levels reaching up to 30 percent.
I question that value.
Like I I think that's what we still need to learn, like high
percentages of THC, but uh well that's just what they they try
to grow for, sure.
It's uh cross of uh forbidden fruit, watermelon Z, and purple
punch and Caribbean cookies.
SPEAKER_03: That's delicious.
Yep, and then uh it is, and so is its namesake.
It's named after a uh a singer, yes, and a singer who has got a
very strange name.
Never mind very strange name for this singer, his real name.
This is his stage name.
SPEAKER_04: It's a good song, it was a very popular uh song he
had, but um what else can I give you?
SPEAKER_03: Leslie Sebastian Charles, a Trinidadian British
singer, or Trinidadian uh I like Trinidadian better, but
whatever.
SPEAKER_04: Um tour that's funny, dude.
That is some good suddenly up for its 40th anniversary.
Where could I get that if I wanted to buy some?
SPEAKER_03: Oh no, no, we're not allowed to say that.
I can't explain that that is uh on special in Pekin, Illinois,
somewhere.
I'm not allowed to say that.
I think we saw those people today.
I think that's it.
SPEAKER_04: Oh, you're so close.
You got it, you got it.
SPEAKER_03: Uh huh.
Yes, Billy Ocean.
It is suddenly 40 years old, but yes, that's also who the full
name is Leslie Sebastian Charles, better known as Billy
Ocean.
He's got his own strain, it's pretty good.
I should check it out.
Pretty cool, man.
Tennessee making news.
Tennessee.
SPEAKER_04: Is it because they're banning hemp?
Yep, we'll make it illegal to sell TCA and other hemp products
starting on July 1st under new finalized rules.
Uh no shit.
SPEAKER_03: Well, that's that's that's what you're gonna see.
We're gonna that is headline number 8327 of here comes the
end of illegal hemp or of uh hemp that gets you high.
Uh, the only thing that'll be left will be full spec from CBD,
and uh um that's it.
And I guess like C BD products, and so like we'll see what the
hemp industry becomes, but I don't even think beverages are
gonna get an out.
Or if if the FDA comes out and says we will allow this much
into the beverages, and there will just be like a strict
limit, and then if you want to go over that, you're gonna have
to go to the shops.
SPEAKER_04: If the FDA puts out actual guidance, is that when
like the present people who are already because I mean you need
the producer, you need the processors, you need the
shipping, like there's different tiers to actual uh well, that's
the only time that you're gonna get Congress to maybe move your
point four floor.
SPEAKER_03: And so they were the FDA was also supposed to give
some guidance regarding what they think the per container
should be, and they haven't done that yet.
Uh the C D B D market might actually go up if they figure
out a way to get CBD in the hands of seniors and the demand
for CBD and and natural THC, you know, with THC light, you know,
25 to 1 ratio.
Uh so it's vast majority, it's it's what hemp used to be, you
know, your 21 to 25 to 1 strains.
Yeah, uh, and then uh dosed and and purified and put through the
lawful chains.
I think you're gonna see that, and that might create a lot of
demand for hemp cannabinoids.
But then also you'll see stuff that is not full spectrum that
has too much THC, and that will go to uh the stores.
And I think you're gonna see a lot more stores.
I I'd like for Illinois to, you know, kind of make sure that
they don't they have the the droughts and and the floods,
they don't have a more uniform state similar to like what
Minnesota did, saying that the municipalities and Virginia's
setting this up, but we'll see if Virginia actually gets
anything done this year, uh, where the municipalities can't
be more stringent than one per twelve thousand five hundred.
SPEAKER_04: Damn.
But with CBD though, I mean the market won't won't it turn into
a uh it has to be part of that CMS project, right?
It's not a on its own type thing again.
Now you need a prescription and all this other shit.
SPEAKER_03: Well, that that that's different, and so like
you know, uh CMS and and so like Medicaid Medicare uh is a buyer
and and it's like a participant in the marketplace, and so like
they might still put the full spectrum CBD into the
marketplace for purchase, but it may be uh OTC or it might not
even be scheduled.
Okay, yeah, uh it it really depends, and we need some
guidance from the FDA about all these different cannabinoids and
what they think enough amount enough THC is, but they might
move it to schedule three and then do some studies and get to
us that later, you know.
I I don't know because the FDA chief, I think he was just
ousted.
SPEAKER_04: You you know, earlier when I was rambling and
I cut myself off, uh uh because you're so angry.
Well, it's the excited in the fucking anyways.
Um just this whole like this the CBD schedule three.
Uh one of the things I think we need to and and like what
Brittany was saying about education, you know, I and I
think it's what we've been doing this whole time, as far as like
trying to show normies is like this past weekend while you were
getting married, I smoked weed with a bunch of cops, you know
what I mean?
Like, like and it was enlightening for both of us
because uh, for one, I think it was let's just say 10 times I
had to go through this uh different groups of police
officers who are supposed to identify your intoxication
level.
Every single one of them was like, Yeah, I wouldn't have he
would he would have been let go, you know what I mean?
So so like none of these guys could tell I was high, and even
though there was other people there who were like super goofy,
and and and my lady as much as you well that was the the the
the the thing too, but also like the thing about cannabis over
overdoing it, right?
It's it's we have to like show people what over and overdoing
it for me at least is just like all the one time I did green
out, it's high anxiety, right?
SPEAKER_03: Like when you take too much damage, you're
overloading your ECS, you're just like uh you think you're
gonna die, but you're not really gonna need to sit down and get
some fresh air, you know.
Yeah, just got my uh my pepper grinder, and you know, opposed
to when I was a cop back to it, yeah.
SPEAKER_04: Yeah, but when I was in college, I had a friend that
uh uh woke up in a ditch and had to get taken to the hospital
because he drank too much because that's what alcohol can
do for you, correct?
Right?
Like we have to educate more of the consumers, even with like
smoking as a as a as a uh a way of consumption for medicine, you
know, like the the one doctor we had on, where she there she's
doing her studies.
You know, we all are just fixed on certain ways that things have
to be and for medicine and wellness and stuff, and then
there's still more education out there that we have to do, but uh
until then, Kentucky's kind of uh the added to the qualities.
But she expands the list of conditionals for Kentucky
Medical Cannabis program.
SPEAKER_03: Well, Kentucky is a state that is on the march to a
full adult use, probably within the next four years, and as they
continue to expand and as they roll out their licenses uh still
in Kentucky.
Uh, that's it's it is if you are a state in the South or that
hasn't really got a robust medical program, look at how
Kentucky is doing their stuff.
They have made it about as fair as you can, and they're
encouraging the industry, which is welcome to see.
SPEAKER_04: That's exciting.
I mean, these people get medical, they realize the
properties and potential this plant has, you know, and it's
back to like people understanding that this is
medicine for various reasons for various people, IBS, pain, uh,
sleep, you know, your endocanity system.
That's just part of like the education where we have to
treat, and that's what we did with the with the cops when I
was smoking.
The one officer who was my liaison totally was explaining
to the other cops about decarbonization.
He was like talking about TACA.
He was talking about um like how like dude, when I go on the
tent, I got azooted.
We walk into this warehouse smelling, you know, a little
high, and then uh uh I think I'll just have a little bit.
I'm just gonna get a little high.
Just I was I was at 11 from one to 10, but like that didn't
last, right?
Like when you get to that that that mindset or whatever of
high, and then like it calms down.
Let's go, yeah, you know, and then you maintain that energy
for a long time.
Um, my uh overdoing it, uh, because I had to do two rounds
of this.
Uh, I just wanted to go to home, roll bed, and sleep.
That was the end result of doing too much weed for me, you know.
Opposed to like some other people who were super goofy,
like there were some uh uh edible people, a lot of people
took that.
Some people really trying hard to get fucked up.
SPEAKER_03: They edibles, edibles can do that because like
the metabolization is different.
SPEAKER_04: Oh, it was it was it was a it was an educational uh
experience for both parts as far as like the fear of being pulled
over.
Because honestly, as someone who's been advocating for this
plant, uh I've always wondered like what am I encouraging, you
know, and it really comes down to personal responsibility uh
for ourselves.
SPEAKER_03: But uh, anyways, uh dude, what about true leaves
hitting the stocks?
Yeah, isn't that fascinating?
True Leaf is on the way to be uplisted to the New York Stock
Exchange.
Uh basically all of True Leaves licenses are medical, which and
then they they filed their uh their registration for all their
dispensaries because think about it, they're like in Florida,
they're in Georgia, they're in the south.
Right.
Um, I don't know if they really have a foot, I don't I don't
think they're in Illinois, they're not in Washington State,
you know.
I don't think they're in states where they have uh non-medical
adult use programs, so that they could be the most in compliance
with the new uh law, but then by the end of the year, if they
have a process and a procedure to uh make all the dispensaries
hybrids and make them all file follow the same rules and all
register with the the uh the feds, then those hopefully would
all be recognized as is you know uh schedule three, and then with
the adults that go in there uh self-certifying that they are
it's for medical purposes, kind of like an OTC, kind of like how
they do in Washington, DC for medical purposes.
SPEAKER_04: I just think it's I think it's a great deal what
she's doing.
I I think it's um impressive, and uh uh I think it's a shame
that so many people want to hate on her.
And this and again, the MSO big big fucking Walmart weeds here,
man.
Like, like, like if you want to change the rules, get involved,
don't bitch about it.
Like, like you know what I mean?
Like, actually do it, take action, man.
Like and get locally.
That's still the thing for everybody, you know, because we
don't have federal legalization, we don't have that parody that
uh with alcohol.
Right, we're Connecticut's still trying.
SPEAKER_03: I'm I'm I'm glad for that, you know.
Good for Connecticut and trying to expand the bill for
psychedelics.
Uh, the psychedelics, you know, they're that's its own problems.
I think that it with the more widespread acceptance of
cannabis, uh, you'll see more widespread acceptance of
psychedelics.
They're making progress on it, though, for certain.
But it's you it won't be it won't be shaman and like you
know that kind of stuff.
I think it's going to be pretty clinical.
I mean, that the clinical might be one of those inpatient
clinics, you know, where you go in there and trip, but sure,
it'll be pretty clinical.
SPEAKER_04: Well, I think the whole shaman thing, like what
that is, is also a one-to-one with a person that's really like
there to guide you with your best interests, right?
Like, that's what you hope healthcare is about.
That's what you know, like uh whenever I see a lot of like uh,
because I live in a city and you see a lot of the bad shit,
right?
The broken, homeless, all that shit, right?
Yeah, you know, uh, every city has this, every town has these
people who are just just give up.
And honestly, I just don't think most people have the energy to
help people, and uh uh, but that's what like realitation,
right?
Like, even with cannabis, like you need someone to help you
walk you through it.
I mean, you jump in the pool, uh the deep end right away, and you
you know, no one's there to help you.
Yeah, you hope someone will, man.
But uh uh, I got this thing I wanted to show you, man.
Let me uh this is a hot take on on a raid that happened in a
different place.
And what bothered me is what this cop had to say.
Like really, yeah, let me just pause this for you real quick.
Uh see if I can put us in the corner like last time.
Hey, here we go.
Tell me if you can hear it.
SPEAKER_00: It's just marijuana.
That that doesn't encapsulate it, that doesn't cover
everything that goes in with it.
Again, the violence, the firearms, the the easy access to
cash.
SPEAKER_04: Um, so the easy access to cash?
Like this is a a crime?
SPEAKER_03: Well, yeah, the easy access to cash on the street.
I mean, like, if you're doing if you're trapping, right?
And so there's that aspect, I think, is what he's getting at.
I mean, our we don't have easy access to cash.
We have like a ridiculous amount of cash handling and and and
other constraints around it.
But if you're just if you're selling hemp or trapping, I
could see that being an issue.
SPEAKER_04: Well, I I I just find reasons for fear of what
any prohibition could be.
You know what I mean?
Like uh he's bringing up guns and violence.
Well, that's the fucking prohibition itself.
When you make something, you know, against the law.
How do what where's the recourse that an individual has?
You know, court?
You don't.
SPEAKER_03: You yeah, what am I gonna do?
You're gonna you're gonna go get thrown out of court.
It's like, Your Honor, you gotta help me enforce this illegal
contract.
Get out of here.
SPEAKER_04: You see, you see, he took a hundred pounds from me
and and never paid me back, or he jacked me of my illicit
goods, Johanna.
You know, every time someone like called 911, I gave him
twenty bucks and never got my dub.
I mean, like.
Don't.
SPEAKER_03: Sorry, it's just a joke.
It should be.
SPEAKER_04: But yeah, uh, and also uh one thing you didn't
know was the the the public champ the department of
transportation did put out a rule about this rescheduling
coming up.
So it's nothing's changing, it's a reminder that nothing's
changing.
But when the actual rules happen, that's the opportunity
to uh petition and and and get that change, right?
SPEAKER_03: Well, I think when they're all schedule three, then
you're really gonna see it.
And then what happens with a trucker that has a medical card,
you know, and so it it eventually they will get their
rights just in time to re-be replaced by Tesla bot.
That's the thing, it's called irony, yeah.
It's it's it's uh uh and then it's like I lost my job.
Hey, at least you can smoke a joint now, buddy.
SPEAKER_04: Yeah, it's automation, baby.
I mean, I hate to say it, but that's what I do for a living.
SPEAKER_03: I automate too, but you know, it's one of those
where um things change.
SPEAKER_04: Yeah, well, there at one time being uh a buggy
mechanic was right vital, right?
Yeah, or stagecoach.
SPEAKER_03: I'm a wheel salesman, I sell wheels.
Hey, did you know you can sponsor us?
Oh, yeah, we updated the sponsorship page over at
cannabis legalization news.com.
Let me put this in the chat.
Go for it.
Join us, uh, especially if you're an ancillary company or
you're an operator, because I'm assuming that operators will
soon have marketing budgets.
Uh Budweiser sponsors podcasts, they get away with it.
When will Cresco sponsor a podcast and get away with it?
SPEAKER_04: I'm just saying we are cannabis legalization
leaders, your number one source for information.
SPEAKER_03: Hey, do we have any more information?
SPEAKER_04: That was the end of the stories, but I do have uh uh
TSA or uh not TSA, uh the States Department, they put out this
about Mexico with coming up with the uh um the World Cup.
Uh yeah, it's still illegal down there.
SPEAKER_03: Be careful, even if it's saying it's legal and ain't
legal.
SPEAKER_04: Well, it is a small amount, but again, it it's it's
really lawless.
But um, the they're just saying including medical marijuana is
illegal, which I found out the hard way going to Puerto Rico.
Um yeah, the weed down there sucks.
Oh, it's so bad.
But uh uh no, that was we have good yes, our weeds awesome,
right?
SPEAKER_03: We export it to them now.
Uh okay, so yeah, cannabis legalization is things are
changing all the time, and we're gonna have more change for you
next week.
I don't know if I'll actually get to make a long form video.
I I do have a filing deadline on Friday, but um there's there's
so much that we're gonna be reporting on from the store as
we because like I think we'll do better business once we're on
Google Maps, but um it just takes time to to get a business
going and to then to market it, and then it but you can only
grow really into your TAM, and so like there is a uh size of
the market that's in that location that we're at, and we
just have to hit it.
Oh, that's it.
We are open.
Yeah, there you go.
We're open, so you can find us at uh peacans dispensary.com.
Uh we're not on Google Maps yet, but maybe by next week.
Uh, and then that's that links out to our um website where you
can make purchases.
We'll have Dutchy Pay, which is an interesting thing by next
week.
That's kind of like you'd be able to link your bank account
to your account and then just pay kind of like with your
credit card or with your bank card that way.
Um, we have discounts for our members and a membership punch
card where you have to do so many points, and then if you get
points, then you get other crap.
SPEAKER_04: Well, and then once we uh get Dutchy, we will uh be
doing a roundup for Freedom Grow.
SPEAKER_03: Uh oh no, we already have that going.
We how much did we donate to Freedom Grow in the past?
Uh let's see here, let's make this be until today.
I'm gonna just because we didn't we only started on on Fry on
Thursday.
Let's see, we've donated six bucks to Freedom Grow.
There we go.
SPEAKER_04: That's toilet paper.
I hate to say it.
Like, that's money for prisoners' books, uh, sometimes
for their families and kids that are out.
I mean, if you want to make a fucking difference, buy our
weed.
SPEAKER_03: Yep, and round up, round up for freedom grow.
There you go.
Awesome.
Uh, we will see you next time when it is 4 20 somewhere.
Stay tuned, everybody.