August 13, 2019
A Florida lawmaker just introduced a bill that would decriminalize low level marijuana possession in the Sunshine State. Democratic Representative Shevrin Jones joined Cheddar to discuss filing legislation that would make possession and delivery of 20 grams or less of marijuana a non criminal violation that won’t carry jail time. CannTrust received a report from Canadian regulators informing the company that another one of its manufacturing facilities is non-compliant with certain regulations. Matt Karnes, Founder of GreenWave Advisors, joined Cheddar to discuss. CBD is on track to be a $5 billion industry this year according to industry analysts at The Brightfield Group. Generally more customers mean bigger lines. However, California based cannabis company, Greenbox, thinks it has found a solution.