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NY Cannabis Licensing Expansion (Newsletter : September 13, 2023)

September 13, 2023 by Tom Angell


SAFE Bank timing; DEA made a mistake on Biden’s marijuana letter; Republican lawmakers oppose rescheduling. Study: Legalization reduces forceful treatment; NM Sales

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Top Things to Know

Sherrod Brown, the chairman of the Senate Banking Committee (D-OH), hopes to vote on a marijuana banking law “in a few days”. However, he said that there are some “outlying” issues which need to be addressed by members.

The Department of Justice has indicated that Drug Enforcement Administration Administrator Anne Milgram lied when she said before Congress that Joe Biden had sent a letter directing an federal marijuana scheduling review.

Rep. Rep.

Eight Republican U.S. Senators and six GOP House Members sent a letter to the Drug Enforcement Administration urging them to “reject”. They said it would be irresponsible to accept a recommendation to reschedule marijuana.

Rep. Rep.

The New York Cannabis Control Board has voted to open up the recreational marijuana market in New York to all applicants. This includes big businesses, existing medical marijuana companies and smaller social equity operators.

According to a new study, the number of young people forced into marijuana treatment by the criminal justice systems “declined substantially more rapidly” after legalization.

New Mexico Regulation & Licensing Department reports that retailers sold legal marijuana products worth $48.2 Million in August, a monthly record.

Federal

Lev Parnas can now use medical marijuana while on probation. He was convicted for helping to funnel money from a Russian businessman to an attempt to open a cannabis business.

Sen. John Hickenlooper, (D-CO), tweeted: “Mark my words, marijuana will be legalized nationally and Colorado’s method should be used as a model to ensure legalization is a success.” While descheduling is a great step, it’s important to prioritize social equity.

Rep. Cori Bush, D-MO, tweeted: “It is time to fully declassify marijuana and legalize it.”

STATES

Oregon legislators are urging changes to the state’s drug decriminalization laws, which was approved by voters.

Nevada regulators have filed new rules regarding cannabis excise tax.

Alaska regulators have filed rules governing marijuana marketing and promotion activities.

Minnesota officials are interviewing candidates for the top position in the state’s cannabis regulatory agency.

Connecticut regulators say the closure of Connecticut’s cannabis testing labs has “no impact.”

Alabama regulators have been accused of incorrectly determining whether applicants for medical cannabis licenses had previous felony convictions.

Massachusetts regulators are hosting a discussion on cannabis and equity Wednesday.

On Monday, the Colorado Marijuana Enforcement Division Legislation Implementation & Hospitality Work Group meets.

Michigan officials will host a series expungement fairs in this and next months.

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/ LOCAL

Montgomery County, Tennessee Commission includes legalizing medical marijuana in its state legislative agenda for 2024.

The Duluth City Council in Minnesota voted to reduce fines for public smoking and vaping of tobacco or marijuana.

The Boston, Massachusetts Cannabis Board meets on Wednesday.

International

South Australian legislators have backed a motion that calls for increased access to medical cannabis.

/ SCIENCE AND HEALTH

According to a review, “treatment with full-spectrum CBD oils may reduce pain intensity scores and pain interference score in dogs with [osteoarthritis] but the certainty of the evidence was very low.”

Review concluded that psilocybin significantly reduced depression scores compared to any other treatment.

ADVOCACY / OPINION, ANALYSIS & OPINION

Harm Reduction International concluded in a report that governments around the world spent $974 million on aid to combat narcotics over the last decade.

BUSINESS

Lucy Scientific Discovery Inc. acquires BlueSky Wellness Inc.

Safe Supply Streaming Co. Ltd. has been approved to list at the Canadian Securities Exchange.

Canopy Growth Corporation’s shareholders will vote on the election of a board, the appointment of auditors and share consolidation on September 25, among other things.

CULTURE

Hulk Hogan was featured in a Sunburn Cannabis promo.

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The article NY cannabis license expansion (Newsletter – September 13, 2023) first appeared on Marijuana Moment.

Tom Angell
Author: Tom Angell

About Tom Angell

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