DEA weighs on minor cannabinoids, CT marijuana biz 280E fixes signed; NM cannabis job report; Prohibs bring up SAFE Banking concerns
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Top Things to Know
The Drug Enforcement Administration has issued a letter on the legality for lesser-known cannabinoids, such as THCA and delta-8 THC. However, an attorney claims that the new letter is “bound to cause more confusion in a confusing area of the law.”
Connecticut Gov. Ned Lamont signed a budget bill that included provisions to decouple the state tax policy and federal 280E provision. This will allow marijuana companies to claim business expenses on their state filings.
New Mexico Department of Workforce Solutions reports that 4,666 people are employed in the legal marijuana industry in New Mexico. Workers who come from other sectors now earn more than they did in their prior non-cannabis positions.
The American Psychiatric Association conducted a new survey that found U.S. adults believe marijuana is significantly less harmful than alcohol, cigarettes and opioids. They also think cannabis is less addictive.
Community Anti-Drug Coalitions of America is urging Congress to reject a marijuana banking bill, arguing it would lead to “negative consequences…including increased traffic fatalities, youth use rates, ER visits and hospitalizations.”
Indiana legislators will study the potential impact of marijuana legalization on the workforce and teenage use during the interim legislative session before the next session.
Federal
Nora Volkow, Director of the National Institute on Drug Abuse and Robert Califf, Commissioner of the Food and Drug Administration co-authored a journal comment arguing for further research on fentanyl testing strips and other drugs checking and screening devices.
Two new co-sponsors have been added to the Senate bill that eases restrictions on hemp farmers.
Seven new co-sponsors have been added to the 47 who already support the House marijuana banking legislation.
STATES
Colorado Gov. Jared Polis, a Democrat, responded to a deal between the Republican Party of Colorado and Libertarian Party in the state by tweeting “if you run pro-liberty and small business candidates who support…legal Cannabis…and Psilocybin then…maybe you could start calling your nominees Democrats.”
New Jersey’s Senate President said that he “doesn’t see anyone getting rowdy” after smoking marijuana.
The Massachusetts Judiciary Committee heard testimony on the legislation that would decriminalize psychedelics.
A Louisiana representative speaks about her bill to streamline the marijuana exclusion process.
A Minnesota representative spoke about his support for the now-enacted legislation to create a task force on psychedelic drugs.
The Commonwealth of the Northern Mariana Islands regulators granted the territory’s very first marijuana processing license.
Utah officials have appointed members to Medical Cannabis Policy Advisory Board.
Michigan regulators published a report every month on the disciplinary measures taken against marijuana businesses.
Nevada regulators visited cannabis businesses.
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/ LOCAL
Dallas, Texas Office of Community Police Oversight released a report that found police enforce marijuana laws on a racially disparate basis.
Seattle’s Washington mayor has created a taskforce to study public drug use.
/ SCIENCE AND HEALTH
The study concluded that THC and CBD treatment reduced severe Tourette Syndrome tics. It may also reduce impairment caused by tics, anxiety and obsessive compulsive disorder. However, in some participants, this was associated with slow mentation and memory lapses.
The review pointed out “CBD’s biologically promising features for its use in dentistry, despite the existing patents which suggest that the current compositions are the primary interest of the industry.”
/ BUSINESS
Catalyst is suing Glass House Brands Inc. over the claim that it’s “one of, if no other, the largest black marketers of marijuana in California, or even the nation.”
Growing Ventures, K&R Holdings and other companies are being acquired by a subsidiary of CULTA.
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The post Cannabis is safer than legal substances: Americans in poll (Newsletter for June 14, 2023) first appeared on Marijuana Moment.
