By John Persinos
Welcome to my Weed Report for August 31. The article below is a condensed transcript. My video contains additional details and several charts.

This week, news occurred in the marijuana industry that's known as a BFD.
The head of the top U.S. health agency confirmed on August 30 that his agency is recommending marijuana rescheduling. In an irreverent wink to marijuana culture, he posted about the development on social media at exactly 4:20 p.m. ET.
"4/20" is a symbol of marijuana culture and the date of an annual international festival that celebrates cannabis.
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