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Florida cannabis potency cap dead (Newsletter: February 28, 2024)

February 28, 2024 by Tom Angell


VA compromise on legal sales is in jeopardy; NH senators sour over legalization bill; AK psychedelics survey; THCV Study; CA market problem op-ed

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Top Things to Know

The Virginia Senate Finance and Appropriations Committee’s amendments could derail a bipartisan compromise to legalize the sale of recreational marijuana.

New Hampshire senators have said that they won’t support a bill passed by the House to legalize pot unless it includes state control of the cannabis industry, even though the representative who sponsored the legislation claims this model would not be feasible.

Sponsor of the bill says it is dead. A Florida bill that would cap THC levels in recreational marijuana preemptively in case voters approved a legalization measure in November has been killed for this session.

New polling shows that the majority of Alaskans would support a ballot measure to remove criminal penalties from psychedelics. This result comes at a time when lawmakers are considering legislation that will create a taskforce to make recommendations about licensing therapeutic access.

The results of a new, double-blind, study showed that the less-known cannabinoid, THCV, “significantly increased motivation, energy and well-being when compared with placebo”, without the fatigue or “munchies”, associated with the delta-9 THC compound, which is the most prominent component in marijuana.

A new case study suggests that cannabis therapy “may be a viable alternative or complementary therapy” for dogs suffering from the common skin disease discoid lupus erythematosus–“particularly for those experiencing adverse effects from conventional treatments.”

Hirsh JAIN of Ananda Strategy wrote a new Marijuana Moment Op-Ed in which he argued that California regulators new cannabis dashboard revealed that the market was “much smaller, weaker and less developed than we had thought.” He also argued that state data contained errors.

The South Dakota Senate has passed a stricter version of the bill that would ban hemp-derived intoxicants than that approved by House of Representatives.

Federal

Marianne Williamson, the Democratic presidential candidate in Michigan, spoke at an event on psychedelics.

The Drug Enforcement Administration has sent an email to online retailers regarding the sale and use of pill presses, which are used to manufacture fentanyl tablets.

Rep. Sydney Kamlager Dove (D, CA) tweeted: “Opponents have tried to sabotage the Biden Administration’s review of marijuana’s Schedule I status. They claim that rescheduling cannabis would violate U.S. Treaty obligations. I sent a message to @DEAHQ urging it to reject these bogus arguments.”

/ STATES

The South Dakota House Health and Human Services Committee has approved a bill that will remove certain legal protections for medical cannabis businesses. Separately the House Local Government Committee has approved legislation clarifying which governing bodies are able to license medical marijuana operators.

Oregon legislators continue to examine legislation that would recriminalize possession of drugs.

Ohio regulators have posted proposed marijuana regulations for public comment.

Missouri regulators have issued guidelines on the use of terms “sativa,” “indica” or “hybrids” on marijuana packaging.

Colorado regulators have updated the list pesticides which can be used to treat cannabis.

Delaware’s top cannabis regulator presented to the Georgetown Town Council on steps to legalization.

Tennessee regulators have posted the slides from a webcast on taxation for hemp-based products containing cannabinoids.

On Thursday, Michigan regulators will hold an event to discuss the licensing process for marijuana businesses.

Washington State regulators are hosting stakeholder sessions on the medical cannabis rule next month.

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/ LOCAL

Multnomah county’s district prosecutor in Oregon has endorsed state legislation that would recriminalize possession of drugs.

The Pueblo City Council in Colorado is moving ahead with a proposal for a local marijuana tax.

International

Arif Alvi, the President of Pakistan, has approved cannabis regulations.

The German Christian Social Union may take legal action in order to prevent the marijuana legalization law that has been approved by the Bundestag, from coming into effect without the approval of the separate Bundesrat.

Irish legislators debated the proposed ban of cannabinoid HHC.

Canadian regulators have a plan in place to seize cash from marijuana businesses who are behind on their taxes.

/ SCIENCE AND HEALTH

According to a review, “cannabinoids have the potential to be used as a disease-modifying therapy [for multiples sclerosis] and not just symptomatic relief.”

According to a review, “psilocybin could induce a positive loop involving prosocial behavior and empathy which may help explain the observed, lasting antidepressant effect.”

/ ADVOCACY / OPINION AND ANALYSIS

The American Council on Science and Health has published a podcast on the benefits and risks of legalizing marijuana.

/ BUSINESS

Nabis acquires Blackbird.

Innovative Industrial Properties, Inc. has reported a quarterly revenue of $79.2 millions.

Tyler Technologies, Inc. has signed an agreement to provide licensing services in Kentucky’s medical marijuana program.

CULTURE

Tennis player Casey Kania has been suspended for two-years after testing positive for marijuana.

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The article Florida cannabis potency limit dead (Newsletter – February 28, 2024) first appeared on Marijuana Moment.

Tom Angell
Author: Tom Angell

About Tom Angell

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