HK Cannabis Law Newsletter – January 17, 2020

Updated: Jan 24

In today’s newsletter: Will cannabis become more popular than alcohol?; GMOs coming to the cannabis industry; Weedmaps keeps its word; and more.

  • Will cannabis consumption supplant that of alcohol?

  • Much of the 2019 hemp harvest is sitting in warehouses.

  • Company based in Israel is developing genetically modified cannabis designed to increase yields.

  • Weedmaps keeps promise to drop illicit cannabis shops.

  • Cannabis firms are letting go of their real estate in sale-leaseback deals to raise much-needed capital.

  • A helpful fact sheet for learning about the markup rate and cannabis sales tax structure can be found here.

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