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

Transcript

SPEAKER_03 0:02

What's up, everybody? You're tuned into Cannabis Legalization News, the number one podcast for cannabis law and policy on YouTube. Or wherever you get your podcast, you can take it with 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 legalization news.com if you're in your car and uh sub sign up 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 2:19

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 2:33

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 2:41

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 2:51

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 3:13

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 3:19

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 3:36

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 3:44

I mean, because like the vast majority of that had to do with farming.

SPEAKER_04 3:47

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 4:00

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 4:17

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 4:26

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 4:43

There you go.

SPEAKER_03 4:44

Hey, hey, hi Britney. Hey, hey, Sean and Brittany. And then where are you guys standing right now?

SPEAKER_02 4:50

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 5:02

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 5:32

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 6:31

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 6:41

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 8:03

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 8:49

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 9:24

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 9:40

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 10:20

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 10:53

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 11:10

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 13:41

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 14:02

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 14:36

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 14:45

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 15:20

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 15:29

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 16:04

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 16:13

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 16:27

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 16:41

Anything, please, to not show me on the screen because this this doohickey finally warmed up.

SPEAKER_04 16:45

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 17:23

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 17:58

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 18:05

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 18:14

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 18:34

I thought I thought Louisiana pulled out, Sam got dismissed.

SPEAKER_04 18:37

Oh, did it was everybody I guess?

SPEAKER_03 18:39

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 18:59

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 19:15

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 19:35

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 20:28

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 21:28

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 21:38

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 21:55

Well, Alabama has their first medical uh store opening up after.

SPEAKER_03 22:00

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 23:33

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 23:38

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 23:45

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 23:53

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 24:56

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 25:07

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 25:23

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 26:13

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 27:16

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 28:06

You need that registration process that's going on right now.

SPEAKER_04 28:10

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 28:22

They're private, they're private.

SPEAKER_04 28:24

There you go.

SPEAKER_03 28:25

So, like, you know, they aren't the federal government.

SPEAKER_04 28:28

So, I mean, like change is slow and painful.

SPEAKER_03 28:33

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 28:40

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 28:46

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 29:02

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 29:42

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 30:02

It's a good song, it was a very popular uh song he had, but um what else can I give you?

SPEAKER_03 30:08

Leslie Sebastian Charles, a Trinidadian British singer, or Trinidadian uh I like Trinidadian better, but whatever.

SPEAKER_04 30:18

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 30:33

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 30:44

Oh, you're so close. You got it, you got it.

SPEAKER_03 30:48

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 31:09

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 31:22

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 31:58

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 32:18

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 33:34

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 33:47

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 34:26

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 35:43

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 35:57

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 36:37

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 37:11

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 38:37

They edibles, edibles can do that because like the metabolization is different.

SPEAKER_04 38:43

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 39:01

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 40:13

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 40:49

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 41:24

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 42:37

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 42:46

Um, so the easy access to cash? Like this is a a crime?

SPEAKER_03 42:50

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 43:12

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 43:35

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 43:44

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 44:01

Sorry, it's just a joke. It should be.

SPEAKER_04 44:05

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 44:25

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 44:44

Yeah, it's automation, baby. I mean, I hate to say it, but that's what I do for a living.

SPEAKER_03 44:49

I automate too, but you know, it's one of those where um things change.

SPEAKER_04 44:55

Yeah, well, there at one time being uh a buggy mechanic was right vital, right? Yeah, or stagecoach.

SPEAKER_03 45:03

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 45:37

I'm just saying we are cannabis legalization leaders, your number one source for information.

SPEAKER_03 45:43

Hey, do we have any more information?

SPEAKER_04 45:45

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 45:59

Be careful, even if it's saying it's legal and ain't legal.

SPEAKER_04 46:03

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 46:23

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 47:40

Well, and then once we uh get Dutchy, we will uh be doing a roundup for Freedom Grow.

SPEAKER_03 47:44

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 48:04

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 48:14

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.