The Bengal Bite 🐯 | July Digest 2020
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Welcome to our new Bengal Bite monthly digest. Below you will find links to our Bengal Bite newsletter from the month of July along with the most read article from each edition. If you find yourself on this list and would prefer to receive the weekly Bengal Bite, please change your preferences here. We hope you will enjoy this condensed bite.
The Bengal Capital Team
This Month's Newsletters and Most Read Articles:
The Momentum of Cannabis | July 2 CNN | Why more states could legalize cannabis in 2021: “Amid recession and social unrest, the cannabis industry sees its moment. Actions by states to reduce criminal penalties for marijuana use and possession are fueling momentum for the broader movement to legalize cannabis and have it serve as an economic engine for cash-strapped coffers, industry members and policy experts say."
The Science of Cannabis | July 10 Forbes | Science reveals the cannabis industry's greatest myth: you're buying weed wrong (and so is everyone else): In today’s legal, recreational cannabis market, two factors - price and THC content - tend to influence what the consumer decides to buy, but recent research has begun to show that THC content is a poor indicator of product quality and potency.
The Rising Tide of Legalization | July 17 MJBizDaily | Biden task force takes states’ rights approach to cannabis legalization: In advance of next month’s Democratic National Convention, a joint Joe Biden-Bernie Sanders task force recommended rescheduling cannabis on a federal basis, legalizing medical cannabis nationwide, and allowing states to decide recreational cannabis policy.
Interesting Cannabis Products | July 23 Jetty Extracts | Unrefined Live Resin: Unrefined live resin is the latest innovative release from the Jetty Extracts team in Oakland. No active compounds are removed from Jetty’s “unrefined ”live resin, resulting in a full-spectrum experience (a concentrate product most-closely related to fresh cannabis flower) for the consumer.
"Canna"nomics | July 30 Bloomberg | LeafLink debt deal shows cannabis entering a new phase: New York-based LeafLink has closed a $250 million credit facility to provide credit to cannabis operators. While LeafLink already provides some factoring (trade credit) to facilitate transactions, the majority of smaller cannabis operators currently do not have access to debt capital. This new loan facility will allow LeafLink to expand factoring across the cannabis landscape, helping supply chains operate more efficiently.