More Cannabis Consumption, Less Alcohol Consumption Among Millennials: End Notes

Departments - End Notes

Quotes you should note from the cannabis industry.

August 27, 2019

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“We know consumers are drinking less alcohol … and you look at millennials today it’s more and more cannabis consumption out there.”

^Aphria interim CEO Irwin Simon spoke to CNBC’s Jim Cramer on “Mad Money” on Aug. 5, about opportunity in the Canadian cannabis market. Source: CNBC, “Aphria CEO Explains the Biggest Opportunity in the Canadian Weed Business,” Aug. 5, 2019.

“It’s time to legalize marijuana. For years, marijuana possession has been a pipeline to prison for people of color. We must replace that pipeline with jobs, equity, and pathways to prosperity.”

^In a July 30 tweet, Washington, D.C., Mayor Muriel Bowser asked people to sign her petition to request that Congress allow the district to make its own decisions about how to regulate cannabis. On May 2, 2019, Mayor Bowser announced the Safe Cannabis Sales Act of 2019, which would legalize cannabis sales in the city. In 2014, Congress enacted a law that prohibits the city from spending federal dollars to create its own cannabis regulations.

“We’re not just trying to find something for farmers with an alternative Crop: I view this as a way to revitalize manufacturing in a place like this that has the bones of an old industrial town.”

^New York Assemblywoman Donna Lupardo talking about a hemp bill approved by the state legislature in June that would allow people to commercially grow hemp. Source: The Wall Street Journal, “Hemp Becomes Booming Crop for New York Farmers,” Aug. 4, 2019.