Congressional marijuana research reform; RI psilocybin vote; NY 280E reform; New rescheduling coalition launches
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Top Things to Know
The Colombian Senate First Committee has approved a bill legalizing marijuana that had already passed the Chamber of Representatives. It will now be sent to the Senate Floor, where it was previously passed last summer, for a final vote.
Reps. Dina Titus, (D-NV), and Joe Neguse, (D-CO), filed a bill to authorize $150 million for marijuana research in universities. The bill would also allow them to purchase cannabis from state regulatory agencies to conduct studies.
The New York Senate has passed a bill that allows marijuana companies to deduct their business expenses from the local New York City tax. This is an expansion of a partial workaround 280E already in place for state taxes.
The Rhode Island House Judiciary Committee has approved a bill that would legalize the possession and cultivation of Psilocybin Mushrooms.
The Coalition for Cannabis Scheduling Reform, a group of major marijuana organizations and companies, is pushing for incremental rescheduling to be promoted even if it takes longer for full legalization. However, other advocates are concerned about unintended effects of incremental reform.
Federal
Sen. Lisa Murkowski, R-AK, tweeted: “All Alaskan law-abiding business owners should be able to use safe financial services.” It’s for this reason that I support the SAFE Banking Act which will ensure that legal cannabis business have access to banking.
Indiana Democratic Senate Candidate Marc Carmichael is in favor of reclassifying marijuana.
One new co-sponsor has been added to the House bill that eases restrictions on hemp farmers.
STATES
Cinde Warmington, the Democratic candidate for governor of New Hampshire, discussed her support of legalizing marijuana.
South Dakota’s Attorney General said that marijuana legalization in Minnesota, a neighboring state, will create “additional problems” for law enforcement.
Oregon’s former Secretary of State is under federal investigation, according to reports. She was reportedly consulting for a marijuana company while her office was conducting an audit on cannabis industry issues.
Connecticut lawmakers sent Gov. Ned Lamont’s (D) bill would ban synthetic THC, create an Office of the Cannabis Ombudsman, and update the Social Equity Council’s determination of areas that are disproportionately affected by the war on drugs.
A senator from Ohio argued that the medical cannabis industry opposes a bill filed by him because it would upset their “monopoly on cultivation licenses”.
The Minnesota representative, who sponsored the now-enacted bill legalizing marijuana, spoke of the long road it took to pass it.
Federal judge dismissed a lawsuit that challenged Hawaii’s ban on the sale of Delta-8 or Delta-10 THC-based products.
Virginia regulators have published guidelines on the enforcement of hemp-based products.
Colorado regulators have published a roadmap on banking access for the cannabis industry.
The California Cannabis Advisory Committee meets on Thursday.
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/ LOCAL
The Kenosha City Council in Wisconsin voted to reduce the marijuana possession fines.
Tulsa’s Oklahoma mayor has said that he is “open-minded” to a proposal to let city employees use medical marijuana.
New York City officials have launched a vending machine for public health that offers free harm reduction products, including Naloxone.
Baltimore County Council, Maryland, voted to allow marijuana shops to be closer to each other.
International
A working group of the European Commission determined that hemp leaves were no longer classified as Novel Foods.
Wavel Ramkalawan, the president of Seychelles, said that he is in favor of holding a referendum to legalize marijuana.
Malta’s Government has published updated marijuana regulations.
SCIENCE AND HEALTH
According to a study, “cannabis is not associated with in-hospital mortality and morbidity.” It also found that the group that tested positive for cannabis had a “slightly lower incidence of [pulmonary embolism].”
According to a review, “results confirm narrative reports of an afterglow psychedelic phenomenon that could potentially benefit perceptions of oneself, others and the environment.”
ADVOCACY / OPINION, ANALYSIS & OPINION
The Democratic Governors Association (DGA) tweeted: “Legalizing cannabis is the right move forward for Wisconsin and Gov. @Tony4WI is working on a solution.
Speakers for a upcoming Multidisciplinary Association for Psychedelic Studies Conference are reportedly worried about contract clauses. One of them could limit their ability to attend other events.
/ BUSINESS
The Ontario Superior Court of Justice issued an order of creditor protection to Fire & Flower Holdings Corp., its subsidiaries and other related companies.
Verano Holdings Corp. has announced changes in its leadership team.
SNDL Inc. now has a chief financial officer.
The U.S. Patent Trial and Appeal Board has upheld the patents of COMPASS Pathways plc.
A The Parent Company shareholder wrote a letter opposing the proposed merger of Gold Flora Corp.
CULTURE
Drew Barrymore has said that she might “need to take an MDMA or psilocybin treatment to reach a state where I can see things differently” in order to understand why she’s not interested in being in a relationship.
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The article Colombian cannabis legal bill nears final voting (Newsletter: 6/7/2023) appeared first on Marijuana Moment.
