We are Pro Cannabis Media. Hi, everyone. Welcome to We Talk News. I'm Jimmy Young, the founder of Pro Cannabis Media. And I'm Kurt Dalton, the founder of cannabis.net. Every week, Kurt and I get together to review some of the biggest stories in the cannabis industry. He and I talk about them. We have a few comments, and then we get reports from Canada, New York, and Washington, D.C. And this week's No Different, Jimmy. We finally have Vermont moving toward recreational cannabis with retail opening in their state. We have an old state and a new state, Colorado and Illinois, both setting cannabis sales records in July, as well as multiple efforts to legalize the cannabis plant in America, including our friends, Steve DiAngelo, getting involved. But first, let's go to Deborah Borechart in New York to check on the financial weed scene. Deborah? Thanks, Kurt. Thanks, Jimmy. Well, things seem to keep going the wrong way for Charlotte's Web. This week, the CBD company reported that their revenue fell from $25 million in the 2019 second quarter to $21.6 million for the 2020 second quarter. The company also delivered a net loss of $14 million for the quarter versus last year's net income of $2.2 million. Fire and Flower delivered second quarter revenue of $28.6 million. Unfortunately, they also reported a net loss of $29.1 million. Trueleave is stepping out of Florida and into Pennsylvania. They're buying Pure Pen and Pioneer Leasing and Consulting, as well as dispensary operator Keystone Relief Centers. Trueleave agreed to acquire Pure Pen for an upfront payment of $46 million. And that's the big news this week. I'm Deborah Borechart from the Green Market Report for We Talk News. Here's something that is newsworthy and very disturbing for the cannabis industry. Twitter is getting in bed with the Fed's Substance Abuse Initiative.  It says, if you know someone who's struggling with substance abuse, you are not alone. Then, there's a link to that Federal Health Services Administration. Cannabis advocates are upset because there is no such link when you search alcohol or vodka, for instance. The point is, again, there actually is a way to use cannabis responsibly, and not everyone who uses weed needs substance abuse assistance. Kurt, here we go again. Hold on, Jimmy. Twitter, let's search for big breasts. Oh, I'm sorry. Are we supposed to show ads and pictures now and tell us we have problems? When is Twitter a platform to decide that if you're searching for cannabis, which is legal in, again, 33 states, some territories becoming legal, that you should see an abuse ad?  I agree with the cannabis people that, under no circumstance, should Twitter have that discretionary decision-making on a word like cannabis or marijuana. The federal government has been funding substance abuse studies for decades about cannabis, and they're still looking for a connection, and they just can't find it. Just in case you didn't know, that same federal administrative group is calling for a rule change on drug testing for federal employees. That group wants to test hair follicles for remnants of drug use. Now, in the past, testing hair follicles has been deemed unreliable because remnants can last on or in your hair follicles for months after you stop using it.  Kurt, here's another example of what they call systematic racism in our federal government. Absolutely, and it's completely unnecessary if you take out the part about darker hair. Why are you testing someone that I think hair follicles up to 90 days? Why would you care if they used cannabis two and a half months ago if they're interviewing for a job or doing some sort of service that would require like driving a bus or a large vehicle? So again, there's just no basis. Everyone seems to be going in the correct direction except the small anti-pot groups that make headlines for these outrageous, relatively stupid things they want to do. Exactly, and you know there are a few initiatives that are ongoing to make cannabis federally legal and we just found out that the U.S. House of Representatives that was supposed to vote on the Moor Act before the end of September has now pushed that off until after the election which really makes sense because let's face it, anything that the House does, the Senate is going to say no to. Now, there's another branch of the government that perhaps those who are using the federal laws to perhaps motivate them to get rid of those federal laws and who else but Steve DiAngelo was leading that fight. The last prisoner project has filed an amicus brief in Washington v. Barr as in William Barr, the Attorney General. It's a landmark lawsuit challenging the fact of that legality of the federal law that keeps cannabis. In this brief it says, quote, our country's federal marijuana policy needlessly entangles millions of people in the criminal legal system at a tremendous societal cost. We also know that the unjust burden of these misguided policies disproportionately falls on the most vulnerable segments of our society. So Kurt, can the Constitution be the key to getting cannabis descheduled and maybe even legalized federally? It has until this point. They've tried different challenges along this line all the way from medicinal purposes and the right to medicine and challenging. And basically the federal dodge kicks it back out and says, it's not that I don't agree with you, but this is not the court to hear this type of motion and just kind of gets dragged out and delayed. Now Steve has been through this process with the U.S. government for over 30 years. So I salute him and he's a friend of the show and I hope you can't fire enough cannons at this subject. So whether it's through voting, whether it's through politicians making a law or even if it's Steve or someone like him filing a lawsuit that changes it on a ruling. Let's try it and let's support Steve and I hope it's successful, obviously. In the meantime, there's other news coming out of Washington D.C. So let's go down to the Vote Pro Podcasts own Phil Adams for the D.C. Report. Phil? Hi, I'm Phil Adams from Vote Pro Podcasts and this is the Weed Talk News D.C. Report. Seven members of Congress, along with several pro-cannabis advocacy groups, have asked the U.S. Supreme Court to hear a lawsuit against the Drug Enforcement Agency. Lawmakers filed an amicus brief in support of the suit, originally brought in 2017 by a coalition of medical marijuana patients and pro-legalization activists. The brief reads in part, quote, this court must take action to remedy the unconstitutional system that has unfairly burdened petitioners and similarly situated patients who lawfully use medical marijuana. The Supreme Court justices will decide next month whether to grant a hearing. The House of Representatives will not be voting on a bill to legalize cannabis next week as planned. House Majority Leader, Steny Hoyer of Maryland said on Thursday that a floor vote on the Marijuana Opportunity Reinvestment and Expungement Act scheduled for next week will be postponed until after the election. Hoyer explained that passing a continuing resolution and a COVID-19 relief bill were the more pressing issues. In the meantime, California Representative Barbara Lee, co-chair of the Congressional Cannabis Caucus, said a delay on the more act vote could be used to get more House members on board. Senate Minority Leader Chuck Schumer says if you want to see marijuana legalized, you need to vote Democratic. In an interview with Leafley, Schumer said the differences between the two parties are like night and day, and that Majority Leader Mitch McConnell will scuttle any attempt to bring a legalization bill to the Senate floor. While McConnell has stated in the past that he would not support marijuana legalization, he was instrumental in passing the 2018 Farm Bill that federally legalized hemp the non-intoxicating form of cannabis. That's the We Talk News DC Report for this week. I'm Phil Adams from Vote Pro Podcast. Believe it or not, Iowa is another state out there that is going to ask the DEA to make an exception to the federal drug laws before the end of the year. Why Iowa, you ask? Well, they are worried about their federal cash flow, and it might just be taken away because in that state they have medical marijuana there, and yes, they allow school children to take their medicine in school. Sure enough, when that happened in Maine, the feds revoked $3 million from vacation land. So Kurt, is the injustice about cannabis as a Schedule I drug ever going to change? Let's see, how many weeks till voting day? This administration is certainly not a friend of the plants, and you saw what happened in Maine, which is bordered on ridiculous. So they're trying it again, and Iowa is trying to preempt a federal movement if they do the same type of legalization for kids, especially with medicine. So it's a shame that states have to do this, but until there's an election and a possible change in government, this is what you have to do to get medicine to your kids, all natural plant medicine. It's incredible to me that we're still fighting this, but there's a lot of things that are incredible to me. In the meantime, Vermont, a state where you can possess cannabis legally is getting closer to setting up their adult use retail market. The House of Representatives in Vermont has passed that legalization bill, and now, ready for this, it's going on to their Senate. But in that Senate, they're expected to pass it and send it up to the governor, Phil Scott, perhaps by the end of this month. Kurt, that's good news for everybody in Vermont, who's really, there aren't that many people in Vermont, but they're all pretty cool, nice laid back people, you know. The irony is the whole state of Bernie Sanders, Bed and Jerry's and Fish do not have recreational cannabis. But I would be remiss because we're heading north if we didn't get our good friend Solomon Israel from marijuana business daily to give us his Canadian report on the cannabis scene. Solomon, take it away. I'm Solomon Israel from marijuana business daily international and this is the we'd talk news Canadian cannabis report Aurora cannabis is warning investors to inspect big write downs when it reports earnings next week. The producer expects to post impairment charges of up to 1.8 billion Canadian dollars Aurora also announced its new CEO last week Miguel Martin is the former CEO of Reliva and joined Aurora when it acquired that company earlier this year. Executive shakeups are also in the cards at Hexo corporation. This week the Canadian firm appointed its fourth chief financial officer in two years. Hexo posted a net loss of 19.5 million Canadian dollars last quarter. And the Canadian cannabis events firm lift has filed for bankruptcy after failing to raise enough money to repay us debt holders this month. Despite the bankruptcy lifts virtual expo is scheduled to take place in November. You can read all those stories and more at mjvisdaily.com. I'm Solomon Israel for marijuana business daily. A few final notes from the states New Jersey is opening up another medical dispensary and now has 11 operational in that state to other states in the meantime set monthly sales records for the month of July first year state Illinois top $63 million in sales in one month. And in Colorado they passed the $200 million mark in sales in the month of July. Oh and Kurt guess who is setting up a dispensary in downtown Chicago. Med men expanding to 2000 square feet. Is that enough room for social distancing and weed. In downtown Chicago it's called the miracle mile but what a great job Governor Pritzker has done in Illinois roll out to get this moving to get those kind of sales numbers and tax revenue which Illinois these are a third world country debt at this point. But look at the difference between Vermont main and even our home state Massachusetts with the slow rollout main voted on recreational two and a half years ago they approved it. They've yet they're about to open their first shop. So kudos to progressive governors who see this as a not only a healing and helpful product but also for the tax revenue. I think the word now is essential and speaking of essential. Did you know that college students are actually using this COVID thing as a gap year. And what are they doing during that gap year. They're applying for jobs in the cannabis industry or they're actually going to school to study cannabis. And the reason why is that is because the college in California enrollment is up and I suppose that comes as no surprise because jobs are available in the cannabis industry that continues to expand. So Kurt I guess you go to school now and then you come back and you teach your buddies about how to roll the joint the right way. I guess or wait wait college students are really interested in weed. Wow. Let's get that one rolling. So obviously it's nice to see him putting it a little bit into education and say hey maybe I can make some money in this industry whether it's it's growing or marketing or learning about how the plant works or extraction. That's obviously a plus. And people are seeing what sells where the jobs going to be when this ends or continues is cannabis sells men men's opening. I don't know where they're getting the money the terms of their $20 million loan were ridiculous. They have to hire people for grows and for retail. So good for the college kids to not only smoke it but to study it. There you go. Hey it's all about education and science anyway and that'll do it for this week's weed talk news. I'm Jimmy Young from Pro Cannabis Media and I'm Kurt Dalton with cannabis.net. Remember it's a whole new world of weed out there. Use it responsibly. Thanks for watching. Thanks for listening. Google Play and our friends at clnsmedia.com and our flagship cannabis.net. So subscribe share and like our videos on all the social media networks out there including LinkedIn Twitter Instagram Facebook the weed tube and YouTube. We talk and in the weeds are two productions of pro cannabis media supported by revolutionary clinics. One of the top medical cannabis dispensaries in the Massachusetts area now with three locations in greater Boston to in Cambridge and one on Broadway in Somerville Rev clinics has a patient first mission. They will customize your needs as a medical patient with the proper titration and combination of strains flavors and products Rev clinics where the patient comes first. We are pro cannabis media.


The Lawn Jean Chronoscope, a television journal of the important dishes of the hour, a presentation of the Lawn Jean Wittner Watch Company, maker of Lawn Jean, the world's most honored watch, and Wittner, distinguished companion to the world-honored Lawn Jean. Good evening. This is Frank Knight. May I introduce our co-editors for this edition of the Lawn Jean Chronoscope? Mr. William Bradford Huey, author and analyst, and Mr. Elliot Haynes, of United Nations World. Our distinguished guest for this evening is Sir Gladwin Jeb, United Kingdom delegate to the United Nations. Sir Gladwin, you'll recall that the issue of Korea was a vital one in our presidential election, and it remains perhaps the one issue that most Americans are concerned with. I wonder tonight, sir, if you could tell our viewers whether any constructive action toward peace seems possible now in the U.N. Well, Korea is not only a matter which Americans are deeply concerned with, but with which my countrymen are deeply concerned with, too. We've got, as you know, a powerful Commonwealth division fighting there. We've done an air and considerable air contingent and some ships and so on. And we think in view of our commitments all over the world, we're doing what we can, what we possibly can. Well, Gladwin, do the British believe that the United Nations can take full action in the Korean matter, which might help a settlement? Well, I think they can. What I think the United Nations has done already is to show that aggression doesn't pay. And that is a thing of profound significance, to show that aggression doesn't pay. Collectively, we have pushed these people back and got them beyond where they started from, and that is a great victory in itself. Well, yeah. Now we've got to try and stop the war if we can, but we can only stop it on honorable terms, and that's what the present business is about. How to get an armistice, that's the main thing. Would you say that the United Nations had proven that aggression doesn't pay? Yes, of course it has. Principally the Americans, but also us and the other nations who have joined with us in repelling the aggression, of course it has. Well, this present session of the United Nations, has anything been accomplished toward ending the Korean War? Well, the session is a continuation of the session which started last October. And there, as you know, it did do something in that direction because it examined the question of the armistice and how to get an armistice in honorable terms, and eventually the Indians proposed a solution of the prisoner of war question, the one outstanding question, which eventually, no less than 54 nations I think it was, thought was a good solution. Would you say, sir, that that clarification of the prisoner of war issue was probably the most constructive action that the UN has been able to take on the Korean issue? Well, apart from the fighting, yes, and apart from the fact that we contributed troops and all that, on the question of how to get an armistice, it did make a step forward. It registered the opinion of the vast majority of the world on what the principles for an armistice were, and it laid them down. And that was a very important and vital thing to do. Well, are you now, as far as the United Nations is concerned, is the next move strictly up to the Russians? Has the West exhausted every move that we could make? I thought the Russians technically it's the Chinese.  Well, you can call it a Communist bloc, but the Chinese may have views of their own. I don't know, perhaps they have. But I mean, if something is done, it will have to be on the part of the Chinese. You don't know, is there any action that you know of that the West could take that hasn't been taken? No, I think we've done what we can. It's now for the Chinese and the Russians, which I'll say we'd block if you'd like to call them that, to consider whether they will agree to an armistice in honorable terms. They still may. Sir Gladwin, do you believe that settlement of the Korean problem is necessary before any other political settlements could be possible in this Cold War, an easing of the Cold War? Well, in the Far East, certainly. I think most certainly that the first step is to get an armistice. Until we're an armistice who can't get ahead on any political settlement. Well, then you think that the new Russian premier's statements about desiring peace must be proved first and foremost in Korea and in a Korean armistice. In the Far East, I should say that's certainly true. Our people in this country, of course, have been interested in this personnel issue at the United Nations. The investigations more or less inspired by Senator McCarthy and the efforts of Mr. Lee to try to do something about it in the UN. Now, sir, are you critical in any way of the way the Secretary of General has handled this issue of communists among Americans who are in the UN? Well, we mustn't prejudice the debate on this matter, which is going to take place in the assembly. In short, I don't quite know when in the next fortnight or so, and there is going to be a debate on the whole subject. And I think that one thing that must make clear is that the investigations by the grand jury and the Senate Cubsub Committee were not intended to be any attack on the United Nations as such. They said so, and I think that's absolutely true. And there may have been possibly some Americans who may have been regarded as subversive in the United Nations. If there were, the thing is to get them out. Nobody would dispute that. If they're proved, in any way, proved to have been guilty of subversion against America, out they go. And Mr. Lee agrees with that and he's doing his best to do that and he has done it, if there are any. Do you think that the attacks, Sir Gladwin, the investigations, rather, of the Americans and the Secretariat have done damage to the UN's prestige in this country or elsewhere? Well, I just say that as a result of all this, there was a certain shaking of some people's faith in the United Nations. But I think wrongly, because after all, there are 3,000 members of the Secretariat and I don't know how many Americans, 2,000, something like that, which only about 19 or 18 ever came under suspicion at all. Well, Sir, has there been any comparable interest in Great Britain about its own personnel in the United Nations? What do you mean by that? Well, has there been any movement in Great Britain to examine the British personnel in the United Nations to see whether they were Communists or not, or subversive or not? Well, if there were any who were it could be proved to be in guilty of subversion, we should certainly take the view of how they should go out. Radwin, a number of the UN people that I've talked with have suggested that if the UN headquarters outside this country, the World Organization might function with less pressure on it and a little more ably. Well, that's a great question. That was debated in 1945, 46, before the decision to come here was taken. And I don't know, you can argue both ways on that in a sense, but I think one great advantage of having it here, if I may say so, frankly, is that it has brought home to the American people what the realities of the world situation are, which they might not have appreciated. Otherwise, in a way, this whole business of the United Nations is a sort of microcosm of reality. It's what actually happens in the world and you can see it here. Maybe it may not like it, but... Brings home Russian intransitions. Yes, indeed, yes, and it's a very important thing. And we can use this as a forum for our propaganda too. One of the things that everyone is looking for, I'm sure you'll agree, is we're looking to see if there's any change in the Russians after Stalin's death. Now, sir, as a man who has had a long experience working with the Russians, have you noted any change in any of the Russian diplomats after Stalin's death or since Stalin's death? Well, it's too early to say. I think you can't tell, and maybe I hope so, but I don't know, let's trust you, and maybe I don't know. It's true, isn't it, that the personal reactions of the Russian delegates to you and vice versa have very little meaning in the political sphere. Oh, I do think we must keep up personal relationships. I mean, treat them as human beings, certainly. It's not true. There's been some criticism in this country, so glad of what we call the economic interest in the United Nations. Many Americans feel that the United Nations was created essentially as a political body. And we note that the United Nations wants us to spend more and more money on economic interest. Do you feel, sir, that the economic interests of the UN are being overly emphasized? No, I wouldn't say so. I think that the amount spent on technical assistance is very small in relation to anything else at the moment. I think it's perfectly right and proper that you should spend something in the United Nations on technical assistance in order to get to facilitate, I think, the inevitable process of the industrialization of the non-industrialized areas of the world. It's going to happen. The question is, how can it happen best? You think that it's proper for the United Nations as an agency to encourage industrialization in the rest of the world? Encourage it, but to facilitate it and to make it come about in the best possible way. Yes, I do, and I think I do a great work in that way. There have been some movements in the UN to have the United Nations itself invest in productive facilities in various underdeveloped countries. What is the British attitude on that? How do you mean invest? Well, the International Finance Corporation actually placed funds under UN auspices abroad. Well, I think that's desirable. I was all in favor of it. But all this is fairly small. So then, just the beginning, I think it certainly does tend to counteract the appeal of communism, which might otherwise be very great in the non-industrialized areas. You say it's small, and therefore the various nations individually have to be mainly responsible for helping underdeveloped countries arrive in the UN. Well, yes, of course, but the United Nations can coordinate this, and it is doing that, right? Our viewers understand, so glad, when that under our Point 4 program, our government is spending money to aid the industrialization of the underdeveloped nations. Now, is there a counterpart to that effort in Britain? Is your government also spending money too? And, undoubtedly, it is under the Colombo plan, quite a lot too, as much as we can afford them, quite a deal. But all that is being coordinated. Our plan and your Point 4 is being coordinated under the Technical Assistance Board. And do you regard that you think that most of those efforts should be coordinated through the UN? I do. I think it's the best way to do it. Well, as a final question, sir, glad, when in our country there has been a growing feeling of defeatism about the UN. And you have been with it from the beginning. And I wonder how you feel, personally, sir, about the future of the UN. Are you hopeful about it? Yes, sir, of course I'm hopeful in a sense. I wasn't, I'm not so hopeful as I was in 1945-46. I did think then that there would be an essential base for the United Nations. It was, which would be, would have been rather, the agreement on peace treaties for Germany and Japan agreed with the other side, who like to call them that, with the Russians. And on that basis, you could have built up much more a great clear than you have been able to do. That is true. Even in the absence of that, I'm convinced myself that the United Nations does fulfill a very great function. It provides a forum where there's great questions in the east and the west can at least be discussed. And with a little bit of goodwill, perhaps on the other side, further agreements may be possible gradually. And I'm sure that if we are going to avoid a Third World War, which God helped us, I hope we shall, that it is the only way is to maintain the United Nations well-being. Well, thank you very much for being with us this evening, sir. The opinions that you've heard our speakers express tonight have been entirely their own. The editorial board for this edition of the launch in Chronoscope was Mr. William Bradford Huey and Mr. Elliot Haines. Our distinguished guest was Sir Gladwin Jeb, United Kingdom Delegate to the United Nations. The traditional presentation gift to symbolize achievement, honor, or respect is a fine watch. And the fine watch of highest preference is Laundjean, the world's most honored watch. Now, among the finest watches in all the world, only Laundjean watches have won 10 World Fair Grand Prizes, 28 gold medals, and highest honors for accuracy from the leading government observatories. The Laundjean watches now at your authorized Laundjean Witner Jura Agency represent 87 years of fine watchmaking experience. They're unmatched for superiority of construction, for beauty of appearance, for prestige and reputation. And yet do you know that you may buy and own or buy and proudly give a Laundjean watch for as little as $71.50. Laundjean, the world's most honored watch. The world's most honored gift. Premier product of the Laundjean Witner Watch Company. Since 1866, maker of watches of the highest character. We invite you to join us for the Laundjean Chronoscope, a television journal of the important issues of the hour, broadcast on behalf of Laundjean, the world's most honored watch, and Witner, distinguished companion for the world honored Laundjean. This is Frank Knight reminding you that Laundjean and Witner watches are sold and serviced from coast to coast by more than 4,000 leading jewelers. Who proudly display this emblem, agency for Laundjean Witner watches. This Sunday, another great Jack Benny show on the CBS television network.