Global Ganja Report

The conventional wisdom—and certainly the impression made by much media and advertising—is that CBD is legal pursuant to the federal Farm Bill enacted late last year. As is often the case, however, there are some devils in the details.

Insurance companies in Canada are starting to cover medical marijuana, but high costs continue to be an impediment to access in the United States. Even in states that have legalized medicinal use of cannabis, the insurance industry will provide no coverage. Advocates are now starting to demand legislation to address this contradiction.

As a commercial cannabis industry is established in Jamaica, more Caribbean nations are moving toward decriminalization and establishing medical marijuana programs. Saint Vincent & the Grenadines was the latest to take this move, and it looks like Saint Kitts & Nevis will be next. Dominica and Grenada are studying such proposals, and cannabis tourism is anticipated.

Despite his boast to have "ended" the drug war and pledge to explore cannabis legalization, Mexico's new populist president is seeking to create a special anti-drug National Guard drawing from the military and police forces. This plan is moving rapidly ahead—and the military is still being sent against cannabis growers and traffickers.

FDA commissioner Scott Gottlieb has suddenly announced that he is stepping down, leaving lots of unfinished business—including the status of CBD under the agency's regs. Biotech stocks are taking a tumble on the news, while tobacco is bullish and cannabis is mixed.

As demands mount for expungement of cannabis convictions in the 10 states that have legalized, as well as in Canada, the cumbersome bureaucracy of court systems is an obstacle. Now San Francisco has teamed with a software company to automate the process—a partnership that could serve as a model for other jurisdictions across North America.

A measure to legalize cannabis in the Aloha State died in the legislature. But Hawaii's long-delayed medical marijuana program is finally taking off—and has now been opened to non-residents.

With rival cannabis legalization bills now pending in Albany, New York state activists are demanding "Day One Equity"—legislation consciously crafted to correct the injustices of the War on Drugs. Advocates and politicians came together to give voice to this demand at a recent forum on Manhattan's Lower East Side.