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NLS Weekly Cannabis Update:
Legalization News, Market Trends, and Health Insights

Hello Nature's Living Soil Community,

We hope this message finds you well. Here's your weekly roundup of the latest developments in the cannabis industry, covering legalization efforts, market trends, regulatory changes, and health insights. If there are subject areas you think would be beneficial to the community let us know!

Nature’s Living Soil

Legalization News

• Florida's Recreational Marijuana Measure Falls Short: In a recent vote, Florida's Amendment 3, which aimed to legalize recreational marijuana, received just under 56% support, missing the required 60% threshold. This outcome is a significant win for Governor Ron DeSantis, who opposed the measure.

  New York Post

  
  

• Cannabis Legalization Measures Face Challenges Nationwide: During the latest elections, several states, including North Dakota and South Dakota, voted against legalizing recreational marijuana. Notably, Nebraska approved medical marijuana, bringing the total to 39 states with some form of legalized cannabis.

  People

  
  

Market Trends

• Cannabis Stocks Decline Following Florida Vote: The failure of Florida's recreational marijuana measure led to a significant drop in cannabis stock prices. Companies like Canopy Growth and Aurora Cannabis experienced notable declines, reflecting the market's sensitivity to legalization outcomes.

  Investopedia

  
  

• Arizona Introduces Recreational Marijuana Home Delivery: Starting this week, Arizona residents aged 21 and over can have recreational marijuana delivered to their homes. This expansion aims to enhance accessibility and convenience for consumers statewide.

  Associated Press

  
  

Regulatory Insights

• Nevada Issues Public Health Advisory on Cannabis Products: The Nevada Cannabis Compliance Board has alerted consumers about products treated with unapproved pesticides. This advisory underscores the importance of regulatory compliance and consumer safety in the industry.

  Nevada Appeal

  
  

• Virginia Selects Metric for Cannabis Tracking: Virginia has appointed Metric to implement a seed-to-sale tracking system for its medical cannabis program, set to launch in early summer 2025. This move aims to enhance transparency and regulatory oversight.

  MJBizDaily

  
  

In the Spotlight – Cannabis and Health

• Study Highlights Contaminants in Illicit Cannabis: A recent analysis revealed that a significant portion of street marijuana contains harmful substances like mold, lead, E. coli, and salmonella. This finding emphasizes the health risks associated with unregulated cannabis products.

  New York Post
  

Grower's Tip

Maintaining Optimal Humidity Levels: Proper humidity control is crucial for healthy cannabis growth. During the vegetative stage, aim for 40-70% relative humidity, and reduce it to 40-50% during flowering to prevent mold and mildew. Utilizing a hygrometer can help monitor and adjust humidity levels effectively.