NY marijuana legislation on gov’s table; NE medical cannabis campaign; DOJ filing for drug-safe consumption; Psychiatrists changing psychedelics attitude
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Top Things to Know
On Wednesday, the Senate Banking Committee will likely consider a number of amendments to a marijuana-banking bill. These include changes to broad banking regulations and marijuana reforms that focus on justice.
A bipartisan group of 66 New York legislators, or nearly a third of all the lawmakers in the state legislature, sent a letter to Gov. Kathy Hochul (D), to sign a law that would allow tribal cannabis retailers to buy products from marijuana farmers.
Marijuana Moment spoke with a Nebraska mother, whose son has severe epilepsy. She and other activists plan to put medical cannabis initiatives on the ballot of the state in 2024. They were blocked during the previous two election cycles.
The Department of Justice has filed a brief asking a federal judge to reject a Philadelphia non-profit’s claim that it is entitled to a religious exception to drug laws to allow for the opening of a safe consumption area for illegal substances.
In the last seven years, a new study has shown a “profound positive change in attitudes” towards psychedelics by psychiatrists.
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“There was a significant increase in optimism regarding the potential therapeutic benefits of hallucinogens, and a decrease in concern about risk.”
Travis Lane, of Northern Virginia Hemp and Agriculture, wrote an op-ed for Marijuana Moment explaining why his company – and his grandmother – are suing Virginia officials regarding the state’s laws on total THC limitations for hemp products. The first hearing is scheduled for Friday.
Alaska Lt. Gov. Nancy Dahlstrom (R), Alaska Lt. Gov.
Federal
The White House stated that drug use, “including marijuana regardless of whether marijuana was allowed under state law”, could make candidates ineligible for internships at the Office of Pandemic Response and Preparedness Policy.
The Drug Enforcement Administration (DEA) and Department of Homeland Security released an update regarding “the ongoing threat of illegal xylazine.”
/ STATES
New Jersey Gov. Phil Murphy (D), the New Jersey Governor, signed a law to modify ownership restrictions for marijuana business.
Minnesota Gov. Tim Walz, a Democrat, said that he would emphasize regulatory experience when selecting a new top cannabis regulator after his initial pick resigned amid allegations that her business sold illegal marijuana products.
The Oklahoma Senate Public Safety Committee conducted a hearing about driving while impaired by marijuana and other drugs.
Pennsylvania legislators discuss their views on the legalization of marijuana.
The state auditor of Massachusetts has released a report about the Cannabis Control Commission.
North Dakota regulators have revised their rules regarding medical cannabis business fees.
Colorado regulators will be hosting several marijuana rulemaking sessions next month.
Vermont regulators are hosting a committee to study the medical cannabis program on Thursday.
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International
The Philippine Health Secretary said that his department will push for the legalization of medical cannabis.
British Columbia, Canada regulators now allow cannabis producers to give samples to stores.
SCIENCE AND HEALTH
A study shows “the potential for CBD as a component of the Cannabis-based Biomaterials used in developing novel therapeutic approaches to treat inflammatory pathogenesis.”
According to a study, “most online marijuana retailers lacked age verification features. They also accepted payment methods that were non-traceable. This allowed youths to conceal their transactions.” “Nearly 1/5 of online dispensaries did not require formal age verification during the buying process.”
ADVOCACY / OPINION, ANALYSIS & ADVOCACY
The Kentucky Center for Economic Policy released a report that concluded more than 300,000. Kentucky residents have been charged for cannabis-related crimes over the last 20 years.
The Ohio Chamber of Commerce urges voters to reject the marijuana-legalization initiative that will be on the November ballot in the state.
/ BUSINESS
Organigram Holdings Inc. has filed a short-form preliminary base shelf prospectus that allows it to qualify for the distribution of shares, warrants, subscription receipts and units worth up to C$500,000,000.
Numinus Wellness Inc. has established a program for at-the-market equity offerings that allows it to sell and issue up to C$10,000,000 worth of common stock.
Canopy Growth Corporation’s shareholders have reelected the board, approved auditors, and adopted a equity incentive plan among other actions.
Leafly has launched a new order integration API.
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The article Cannabis Banking Amendments in Committee Today (Newsletter for September 27, 2023) first appeared on Marijuana Moment.
