host of @thecolememo
Chillinois, Illinois
Joined April 2020
- Tweets5.7K
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- Followers776
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To quote the wise and poignant words of Johnny Hamcheck:
“Nobody ever knows what the hell is going on this industry”
I wrote about these potential benefits /remaining questions in September, read here:
thecolememo.com/2026/09/10/m…
DEA approvals could bring big tax benefits for medical marijuana businesses
foxillinois.com/news/nation-…
🧐
How does broader rescheduling of recreational marijuana to Schedule III address these concerns where DEA says it cannot grant federal registration and protections to any business in Minnesota because state law allows veterans to access cannabis without a doctor's written certification.
There are no such certifications for adult-use products...
marijuanamoment.net/dea-refu…
Cole Preston retweeted
DEA says that medical cannabis operators who did not apply or did not receive registration can't do business with anyone who didn't apply after Nov. 29. What's that mean for adult-use, or 280E? Unclear! Our little story for now: mjbizdaily.com/news/dea-gran…
AI is going to break the internet before GTA 6 releases and that is the point where I will become absolutely unhinged
Cole Preston retweeted
🚨DEA announces that 900 medical cannabis dispensaries in seven states - all medical only, no adult-use - are now registered with the federal government.
big? yes! but...🤔many people at many companies (and states) trying to figure out what it means atm justice.gov/opa/pr/justice-d…
Cole Preston retweeted
Justice Department Announces Issuance of Federal Registrations for Medical Marijuana Dispensaries
justice.gov/opa/pr/justice-d…
The bill that caused this passed the Illinois General Assembly (majority elected are democrat) and was signed into law by Governor JB Pritzker (D).
(not agreeing or disagreeing with this account is saying - just sharing the facts on the politics of this in Illinois specifically
@alexmootz143 would you be interested in coming onto @thecolememo?
It seems like you have a different perspective than other hemp participants that I’ve spoken to.
In case you didn’t know me: I am a cannabis consumer. I grow my own, & very occasionally buy from dispo or “hemp”
(I would have direct messaged you this invite but Twitter would not let me. We can chat on the phone before we go on air, if you’d like to discuss the show format or anything else. Let me know!)
#LetItGrow
For years, some cannabis products were treated like alcohol and cigarettes (aka descheduled commodities).
That era ends next month, when cannabis will be treated like a controlled substance again
It’s a massive step back in a policy that gave parity to cannabis plant & industry
'Fun while it lasted': Illinois businesses wind down THC drink sales
pjstar.com/story/lifestyle/f…
Tune in
I’m passing the torch 😮💨
youtube.com/live/OlpuG2xpAeg…
I had a hell of a run🫡
Tonight, the NEW host of @thecolememo officially takes over for our regularly scheduled broadcast!
Tune in to @thecolememo LIVE every Tuesday at 7:15 PM Central.
Cole Preston retweeted
Illinois Medical Cannabis Patients Can Now View Their Remaining Allotment and Purchase History Online
thecolememo.com/2026/10/27/i…
Cole Preston retweeted
Illinois medical cannabis patients can now view their remaining allotment and purchase history directly through the IDPH patient portal.
The new feature shows purchases made over the past 30 days, including where, when, and what was purchased.
Access it at ilogin.illinois.gov/
I find it interesting how some cannabis investors, rather than adjusting their investment thesis to reflect reality, choose to advocate for policies designed to make reality conform to their thesis
(Sign of a weak thesis)
1/
🚨IL House Rep / Congressional Nominee on the subject of home grow
I think one of the clearest signs of just how fragile the cannabis industry remains is that some operators still lobby against home cultivation.
Imagine Del Monte lobbying against your right to grow tomatoes🍅