Aspen High Summit

Jim Lewi, a music industry veteran of both Red Light Management and Goldstar Management, created Aspen Live in 1996, which has grown and gone on to become the premier think-tank for music and live entertainment. They hosted their 22nd annual conference this year at Limelight Lodge in Aspen, Colorado just this past week, from December 6 – 9. Aspen Live has long been considered the “Sun Valley Conference for the music industry” and has truly become one of the most fun and tightly-knit conference, chock full of gatherings, fun events, and a finely curated curriculum.

After his immense success with Aspen Live over the last 22 years, Lewi has launched Aspen High, a brand new cannabis conference in the same location, which is one of the first states in the U.S. to have legalized recreational marijuana use for adults. Lewi is partnering with Steve DeAngelo to bring this summit to life.

DeAngelo is a national cannabis leader, author, entrepreneur, and activist who founded Harborside Health Center, the largest medical marijuana dispensary in the world, as well as is the President and co-founder of Arcview Group, an investor matchmaking firm to connect investor with the cannabis community. DeAngelo is also an ardent believer that cannabis is a medicine and should be used for wellness, not intoxication. He is a leader in the industry and teaches businesses how to enter the cannabis industry.

Lewi has said that he and DeAngelo created this new conference mainly for people in the medical and recreational cannabis business and hopes it helps prepare the country for the inevitable nationwide legalization of cannabis use.

“It’s hard for any company that does business, especially on an international or national level, to get involved with cannabis right now,” Lewi said. “It’s not like Live Nation can just start selling cannabis at their amphitheaters tomorrow. [sic] It’s already being consumed at their events and they’re not getting a piece of it,” Lewi said. “And I think that it’s certainly proven to be a lot safer in terms of fights and accidents and breakups than alcohol.”

Happening At the Summit

Aspen High Summit is an invitation-only event bringing together thought leaders and disruptors in the music and cannabis industries.

Aspen High is happening this Monday, December 11, and running for three full days. According to Billboard, there will be panels on “cannabis sales at music events, a panel on the influence of media featuring Voice Media CEO Scott Tobias along with Ricardo Baca, founder of the country’s first newspaper-backed marijuana news site The Cannabist and star of the 2015 documentary Rolling Papers. Also speaking is John Boyle with Insomniac, Tripp Keber with Dixie Elixirs, Nikki Lastreto with Swami Select and Andrew Kline with the National Association of Cannabis Businesses.”

Each day of the three-day summit starts at 12:30 pm with an optional on-mountain get together to go skiing and if you are not a skier, don’t worry! They thought of everything. Monday the event at the same time for non-skiers is a lunch at Justice Snow’s, Tuesday is snowmobiling at the T-Lazy 7 Ranch, and Wednesday is a cooking class. Panels start at 4 pm daily, with one from 4-5pm, the next is 5:10-6:10 pm, and the final is 6:20-7:20 pm and a group dinner each night at 8:30 at different locations.

The panels at the summit are:

  • Cannabis Sales, Consumption, & Music: The Future of Marijuana Onsite at Mainstream Events.
  • The Influence of Media in Music and Cannabis
  • Corporate Social Responsibility
  • Investing in Cannabis: Strategy and Due Diligence
  • The Legal Landscape for Music and Cannabis
  • Brand or Die: The Intersection of Branding, Entertainment, and Cannabis
  • Canada: The investment landscape in the world’s (soon-to-be) largest adult-use market
  • Corporate v. Underground
  • Political Landscape of the Cannabis Industry

Huge Win for State Medical Marijuana Laws!

The Rohrabacher–Farr amendment has been renewed for the 2018 fiscal year! Despite the Trump administration’s bumps, this amendment has been voted on and renewed for next year.

The Rohrabacher–Farr amendment is a 2014 measure that bars the Justice Department from using federal funds to prevent states “from implementing their own State laws that authorize the use, distribution, possession or cultivation of medical marijuana.”

And according to the Huffington Post, “national support for marijuana legalization has risen dramatically in recent years, reaching historic highs. A Quinnipiac poll from earlier this year found that 94 percent of Americans support allowing adults to use marijuana for medical purposes if their doctor prescribes it.”

How fantastic it is that this industry continues to gain momentum, and we can breathe a sigh of relief that all legal marijuana dispensaries that follow their state laws continue to be legal and are free from federal prosecution.

Great Feedback From Colorado!

In February of this year, a task force was created to review the United States’s enforcement of immigration, drug trafficking, and violent crime laws. The task force sent in their proposals to the Department of Justice last week, but they are not being disclosed.

Colorado and Oregon both are said to have submitted lengthy reports explaining how well-regulated marijuana industry is run and how it generates a great deal of tax revenue with “no measurable increase in crime or health problems.”

The report from Colorado Gov. John Hickenlooper’s (D) shows Colorado as collecting $459.5 million in marijuana taxes as of May 2017, and that the money has been used for school construction, regulation and enforcement of marijuana laws, youth prevention programs, substance-abuse treatment programs, and public education campaigns.

Legalization has “facilitated the transfer of hundreds of millions of dollars into the Federal Reserve System that would otherwise exist outside of the nation’s banking system,” the report says.

The United States continues to move forward and progress medical marijuana and recreational-use laws under each state!

What We Are Reading This Week: