Yellen on shrooms, OH marijuana revenue forecast; SD medical cannabis repeal Study: medical marijuana linked to lower health insurance rates
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Top Things to Know
Vivek Ramaswamy, Republican presidential candidate Vivek’s opponent, said he supported federally legalizing cannabis and allowing veterans suffering from PTSD to take certain psychedelics. However, he made recent contradictory remarks about broader decriminalization of drugs.
Treasury Secretary Janet Yellen ate magic mushrooms at a Chinese restaurant and said they were “delicious”, but she did not bring them on her trip.
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I didn’t know that mushrooms could cause hallucinations. Later I learned this .”
Ohio could earn up to $404 million annually in new tax revenue through recreational marijuana sales, according to a new analysis by the Ohio State University.
South Dakota Attorney-General Marty Jackley filed a final clarification for a ballot initiative that would repeal the medical cannabis law approved by voters in the state.
According to a new study, states that have legalized medical marijuana see “a significant reduction in their health insurance premiums.”
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“Cannabis users and non-users both appreciate the savings that come from insurance pooling and community ratings.”
Missouri State Auditor Scott Fitzpatrick, (R), launched an investigation into the state’s cannabis programs to determine if regulators were operating “in an efficient, accountable and transparency manner.”
Georgia Department of Public Health hired additional workers recently to handle the high interest in its medical cannabis program. However, patients claim that delays continue to prevent access and relief.
Federal
At a National Black Prosecutors Association meeting, Dick Durbin, Chairman of the Senate Judiciary Committee (D-IL), said that forty years ago ideas such as the so-called “war on drugs” and “war on crime” were dominant. “Since then, we have tempered our approach, and understood that “smart on crimes” can be as effective as “tough on crimes.” ‘”
Rep. Chris Deluzio, (D-PA), tweeted: “My constituent Marc Fogel was detained in Russia two years ago for possessing a small amount medical marijuana prescribed by a doctor. I will continue to fight to bring attention Marc’s case, and to build public & political backing to bring him back.
Rep. Morgan Luttrell, R-TX, tweeted: “Psychedelic treatments give us the opportunity to save the life of those who have so graciously served the country.” I’m glad to see that support for these new therapies is increasing in Congress. They can help treat PTSD, and other trauma.
/ STATES
Wisconsin’s Senate Minority Leader tweeted: “Minnesota did the right thing in legalizing #Cannabis, and is working to correct the wrongs from our past.” Wisconsinites, on the other side of the river are also ready to legalize cannabis. “Our justice system is also ready to #legalizeit.”
The South Dakota Medical Marijuana Oversight Committee of the legislature will meet on Monday.
New York regulators have reportedly withdrawn from settlement negotiations regarding a lawsuit that challenges the awarding of licenses for marijuana dispensaries.
Connecticut officials face a lawsuit seeking to invalidate its marijuana legalization laws.
The manager of Oregon’s drug decriminalization programme resigned after claiming that state officials had conducted “maliciously negligence” oversight of the program.
Maine regulators have begun rulemaking to implement the marijuana reform laws passed this session.
New Jersey regulators will examine marijuana business issues this Friday.
LOCAL
Homer, the mayor of New York wrote an opinion piece in which he called on Gov. Kathy Hochul, a Democrat, has called for a special session of the legislature to deal with marijuana licensing issues.
The Cheyenne City Council in Wyoming passed a resolution urging state legislators to decriminalize cannabis.
The Winnebago County, Wisconsin Board of Judiciary and Public Safety Committee has rejected a proposal that would have reduced the fine for marijuana to $1.
The Duluth City Council in Minnesota approved an ordinance that restricts public marijuana consumption.
New York City Council members have proposed to fine landlords that rent to marijuana shops without a license.
The CEO of Catalyst cannabis has accused a Patterson, California City Council Member of urinating in one of their dispensaries.
/ INTERNATIONAL
The Swiss Federal Tribunal has ruled that the police cannot confiscate small quantities of cannabis. This decision could apply to other drugs.
A pro-legalization activist who wanted to show the implications of the Ministry of Justice’s policy statements may have filed a complaint against Elon Musk alleging that Musk promoted marijuana.
/ SCIENCE AND HEALTH
According to a study, “cannabinoids could be considered as promising alternative inhibitors [of dipeptidyl-peptidase IV] that may help improve glycemic control in type 2 diabetics.”
/ OPINION, ADVOCACY & ANALYSIS
New York Republican Party said that legalizing marijuana in the state was “the worst roll-out of state policy…ever.” Hapless Hochul, and her progressive colleagues.
Protect Ohio Workers and Families, a new campaign aimed at defeating a marijuana legalization initiative which may appear on Ohio’s ballot in November.
BUSINESS
TILT Holdings Inc. has reported a quarterly net revenue of 41.6 million dollars and a loss of 26.9 million dollars.
iAnthus Capital Holdings, Inc. posted quarterly revenue of 38.7 million dollars and a loss of 20.10 million dollars.
SHF Holdings, Inc. posted quarterly revenue of $4.6 and a loss of $17.6 millions.
Heritage Cannabis Holdings Corp. now has a chief financial officer.
Zen Leaf workers from the Chicago area voted on ratifying their first collective bargaining agreement with Teamsters Local 7777.
Organigram Holdings Inc. enters the UK market via a supply contract to provide dried medical marijuana flower to 4C Labs.
CULTURE
Jon Singleton, a baseball player from the United States, said that his career would have been “definitely different” had he not been suspended because of marijuana. He said he was “glad” to see the change in the way marijuana is viewed.
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The first time Marijuana Moment published the post Ramaswamy, GOP candidate on cannabis and psychedelics.
New Mexico Attorney General’s Office investigates cannabis farm for human-trafficking allegations