Welcome back to Higher Law, our weekly briefing on all things cannabis. I’m Cheryl Miller, reporting for Law.com from Sacramento, where California’s legislative session ended Friday night. It looks like Washington, D.C. will be providing more than enough political drama to fill the local vacuum for a while.

Speaking of the nation’s capital, this week we’ll take a look at the state of the marijuana legal industry as the second annual Cannabis Law Institute gets underway in Washington this week. Plus, wine and weed don’t always mix, at least not for the publisher of a go-to guide for oenophiles. And scroll down to see what the SEC is saying about cannabis investing.