Congressional psychedelics Hearing; OH gov on changes to legalization; Feds warn workers about marijuana use; TX decrim on ballot; Cannabis as a sleep aid
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Top Things to Know
The House Veterans’ Affairs Subcommittee on Health hosted the first ever congressional hearing on psychoedelics. It focused on their therapeutic use in combating the epidemic of veteran suicides.
Food Safety and Inspection Service of the U.S. Department of Agriculture issued a warning to employees about cannabis products, including federally legal CBD. The notice was released amid an “increase” in positive THC test results and “confussion” as more and more states legalize marijuana.
Ohio Gov. Mike DeWine, (R), discussed the changes he would like to make to the marijuana legalization legislation that was approved by the voters of Ohio after meeting with both the Senate President and House Speaker. The Democratic legislator who championed the cannabis reform claims it is “a slap on the face of Ohio voters.”
New York lawmakers sent Gov. Kathy Hochul (D), legislation that would allow marijuana companies to claim business expenses against local New York City tax. This is an expansion of the partial 280E workaround already in place for state taxes.
The Lubbock City Council in Texas unanimously rejected the citizen-initiated proposal to decriminalize marijuana. This means that it will be put before voters for a vote on May 2024.
According to a new Gallup survey, a majority among U.S. adults believe that the war on drug isn’t working.
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Since 1972, Americans have been more critical of the U.S.’s progress in tackling the illegal drug problem.
In a new study, it was found that over 80 percent of marijuana users surveyed do not use sleep aids available over-the-counter or prescribed. They also report feeling “more refreshed, focused, better functioning, less headaches, and fewer nausea.”
This summer, a Connecticut task force was to be established to examine whether home-grown marijuana should be sold at events. However, the group has not been formed yet as the deadline for submitting a report by January 1, 2024 approaches.
A Montana judge issued a preliminary order that prevents regulators from increasing the fees for marijuana licenses.
Oklahoma’s new law extends its moratorium on the licensing of medical cannabis businesses until 2026.
Federal
The National Center for Complementary and Integrative Health will host a webinar to provide pre-application technical assistance on the funding opportunity for a Resource Center for Cannabis and Cannabinoid Research.
/ STATES
New York Gov. Kathy Hochul, a Democrat, briefly addressed enforcement against marijuana businesses without a license at a conference of police officers. Separately senators shared their thoughts on a recent cannabis hearing.
Former Texas Governor Former Texas Gov.
A task force of the Oklahoma Attorney General’s office seized, according to them, 72,000 pounds (or pounds) of illegal marijuana.
A representative from Oregon wrote an opinion piece about his visit to Portugal to examine the drug decriminalization laws of that country.
Maryland regulators have posted guidelines on packaging and labeling marijuana.
A federal lawsuit has been filed against Mississippi regulators challenging restrictions on medical cannabis advertising.
Michigan regulators have published a report every month on the disciplinary actions taken against marijuana businesses.
Vermont regulators have sent a message regarding the closing of the application window for marijuana cultivation licenses.
Hawaii regulators have approved a new dispensary for medical cannabis.
Georgia regulators will be examining medical cannabis production licences on Wednesday.
The Tennessee Medical Cannabis Commission meets on Wednesday.
Alaska regulators will review marijuana business license applications and enforcement and regulations on Thursday and Wednesday.
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Marijuana Moment tracks more than 1,000 cannabis and psychedelics bills, as well as drug policy legislation in state legislatures. Patreon supporters who pledge at least $25/month gain access to our interactive charts, maps and hearing calendar.
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/ LOCAL
Detroit officials award new marijuana business licences.
Washington County’s prosecuting lawyer is worried that the new legalization of marijuana in Ohio will lead to an increase in impaired driving.
After closing them earlier in the month, a judge has allowed marijuana retailers to reopen in Menominee.
International
The Japanese House of Representatives has approved a bill on medical cannabis.
A Senator from Australia spoke out about the advantages of legalizing marijuana.
SCIENCE AND HEALTH
According to a review, “high-THC marijuana may have the ability to produce psychedelic effects but these effects may not be observed in recent controlled studies due to doses, settings, and settings that are commonly used.”
/ OPINION, ADVOCACY & ANALYSIS
Cannabis Freedom Alliance has hired its first lobbying company.
The Colorado Spring Gazette’s editorial board praised a local Catholic Bishop’s condemnation against Colorado’s marijuana law.
/ BUSINESS
The Cannabist Company Holdings Inc. posted quarterly revenue of $129,2 million with a net loss $36.2 million.
Schwazze reported a quarterly revenue of 46,7 million dollars and a loss of 322,462.
Safe Harbor Financial reported a quarterly revenue of $4.3 Million and a loss of $748,067.
Benzinga removed a story billed an interview with Berner, after he claimed it was fabricated. There were also accusations that the article appeared to be written by AI.
FundCanna has announced that it will cover all membership fees for its next 100 clients to the National Cannabis Industry Association.
Michigan retailers sold 262.9 million dollars worth of legal marijuana in October.
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The article New York 280E cannabis tax breaks to Gov (Newsletter November 15, 2023) appeared first on Marijuana Moment.
