Month: February 2022

The governor of Mississippi on Wednesday signed a bill to legalize medical marijuana, making the state the 37th to enact the policy change in the country. The legislature approved the measure last week with solid margins, advancing the reform more than one year after voters approved medical cannabis legalization at the ballot. That initiative was struck

Our industry is at an inflection point, which means your company probably should be too. Investors who have waited on the sidelines can no longer ignore the progress made and the opportunities now in front of them. Over a third of U.S. states have legalized recreational marijuana while 37 states consider it legal for medical

The governor of Mississippi on Wednesday signed a bill to legalize medical marijuana, making the state the 37th to enact the policy change in the country. The legislature approved the measure last week with solid margins, advancing the reform more than one year after voters approved medical cannabis legalization at the ballot. That initiative was struck

Michigan activists have filed a statewide ballot initiative that would legalize possessing, cultivating and sharing psychedelics and set up a system for their therapeutic and spiritual use. The national psychedelics advocacy group Decriminalize Nature, its Michigan chapter and the youth-led organization Students for Sensible Drug Policy (SSDP) are partnering on the effort. The Michigan ballot

Michigan activists have filed a statewide ballot initiative that would legalize possessing, cultivating and sharing psychedelics and set up a system for their therapeutic and spiritual use. The national psychedelics advocacy group Decriminalize Nature, its Michigan chapter and the youth-led organization Students for Sensible Drug Policy (SSDP) are partnering on the effort. The Michigan ballot

State Sen. Erin Tobin said she has worked in an emergency room a dozen years, and has seen marijuana problems “maybe three times.” But alcohol-related? “We deal with alcohol problems day in and day out,” said Tobin, R-Winner. “But that’s a personal choice.” And moments later the Senate Health and Human Services Committee on Wednesday,

Founded in Colorado in 2015 by Miami-born-and-raised brothers, Jacob and Alex Pasternack, Binske (silent ‘e’) is that rarest of cannabis entities, a brand MSO. Unlike product MSOs or vertical MSOs, which typically own and operate oodles of licenses in various states, Binske owns not one license in any state. Rather, as explained to CBE by

While marijuana businesses often struggle to find banks that are willing to take them on as clients due to risks caused by the ongoing federal prohibition of cannabis, a new study found that banking activity actually increases in states that legalize marijuana. The research doesn’t make a direct connection between state-level marijuana reform and the

Montana marijuana businesses sold $22.5 million in cannabis products in January, the first month recreational marijuana sales were legal in the state, the Department of Revenue reported Tuesday. Recreational sales totaled nearly $12.9 million in January while medical sales totaled nearly $9.8 million, the agency said. The sales brought in an estimated $2.9 million in

Washington, D.C. lawmakers on Tuesday approved a measure to expand access to the District’s medical marijuana program in a series of ways. The D.C. Council voted unanimously to allow senior citizens to self-certify their own eligibility for cannabis without having to get a recommendation from a doctor, further extend the registration renewal deadline for patients

Honest Marijuana Company partners with a new chain of clinics to set up an African base for medical marijuana production and sales A Colorado marijuana company with global ambitions aims to expand into Tanzania, with the goal of eventually breaking into the European market. Oak Creek’s Honest Marijuana Company, which specializes in organic marijuana, is

 PRESS RELEASE Effort will support four fellows to focus on cannabis policy and social justice reforms. Port Washington, N.Y., February 2, 2022 – The Hawthorne Gardening Company, a subsidiary of The Scotts Miracle-Gro Company, today announced that the Hawthorne Social Justice Fund has committed to a multi-year sponsorship of the John R. Lewis Social Justice

A three-judge panel of the U.S. Court of Appeals for the Ninth Circuit has rejected a lawsuit by cancer patients and their doctor seeking access to psilocybin—the main psychoactive compound in psychedelic mushrooms—to help treat end-of-life depression and anxiety. The patients and Seattle-based palliative care physician Dr. Sunil Aggarwal sued the U.S. Drug Enforcement Administration

Washington, D.C. lawmakers on Tuesday approved a measure to expand access to the District’s medical marijuana program in a series of ways. The D.C. Council voted unanimously to allow senior citizens to self-certify their own eligibility for cannabis without having to get a recommendation from a doctor, further extend the registration renewal deadline for patients

Washington, D.C. lawmakers on Tuesday approved a measure to expand access to the District’s medical marijuana program in a series of ways. The D.C. Council voted unanimously to allow senior citizens to self-certify their own eligibility for cannabis without having to get a recommendation from a doctor, further extend the registration renewal deadline for patients

People who attend the 2022 South By Southwest (SXSW) festival will have the chance to hear from a range of experts and stakeholders on marijuana and psychedelics issues. A number of drug policy panels have been selected for the event, which runs from March 11-20. While cannabis has been a consistent track at SXSW in

PRESS RELEASE February 1, 2022 New York, NY—Upwise Capital, a premier debt financial solution company for marijuana-related businesses, is helping to pioneer the modernization of cannabis cultivation facility construction. The company recently funded a $10MM 1st Lien Position Construction Loan with Rainbow Realty Group (at 11.5% fixed interest only) to National Green Source—a Colorado-based, vertically

A three-judge panel of the U.S. Court of Appeals for the Ninth Circuit has rejected a lawsuit by cancer patients and their doctor seeking access to psilocybin—the main psychoactive compound in psychedelic mushrooms—to help treat end-of-life depression and anxiety. The patients and Seattle-based palliative care physician Dr. Sunil Aggarwal sued the U.S. Drug Enforcement Administration

A three-judge panel of the U.S. Court of Appeals for the Ninth Circuit has rejected a lawsuit by cancer patients and their doctor seeking access to psilocybin—the main psychoactive compound in psychedelic mushrooms—to help treat end-of-life depression and anxiety. The patients and Seattle-based palliative care physician Dr. Sunil Aggarwal sued the U.S. Drug Enforcement Administration

Gov. Phil Murphy, who successfully pushed to legalize cannabis for recreational use, said he wasn’t concerned that the state may not meet a Feb. 22 deadline for selling weed to the public. “I’d rather get it right than get it fast,” Murphy told NJ Advance Media on Sunday. “They’re doing a really good job. They want to do a job

Colorado’s cannabis entrepreneurs can look forward to a new technical assistance program aimed at providing education on business development within the industry. The Cannabis Business Office, which announced the program Monday, plans to partner on the initiative with Make Green Go!, a firm that offers business development services to marginalized communities. The free program will provide participants with

The state Department of Consumer Protection is going to start accepting applications for some adult-use cannabis establishment license types. Cannabis was approved for adult use in Connecticut in June 2021 and retail sales are anticipated to begin in the state by the end of the year. The Department of Consumer Protection will hold multiple lotteries

The NFL has awarded a total of $1 million to: (1) “Effects of Cannabinoids on Pain and Recovery from Sports-Related Injuries in Elite Athletes: A Randomized Clinical Trial” led by Drs. Thomas Marcotte and Mark Wallace, with colleagues at the University of California San Diego. The primary aim of this clinical trial is to assess

Cannabis exceptionalism is incorrect and inherently contradictory. by Evan Nison In my experience as a drug policy reform advocate and cannabis community member, I’ve witnessed time and time again an outdated ethos reign forth: cannabis exceptionalism, or the idea that cannabis is the supreme drug of choice. Students for Sensible Drug Policy characterizes cannabis exceptionalism

A Tennessee lawmaker wants to legalize marijuana use, cultivation and sales across the state. Rep. Bob Freeman (D-Nashville) introduced HB 1968 on Jan. 25, which he is calling the “Free All Cannabis for Tennesseans Act.” As of Jan. 28, it had been assigned to the Criminal Justice Subcommittee for consideration. The bill would overhaul Tennessee laws

MS medical marijuana to gov; MN gov’s budget has legalization funds; SC begins medical cannabis debate; CO psychedelics measures; WI GOP medical bill Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment

In another setback from Virginia psychedelics activists, a key Senate committee on Monday defeated a bill that would have decriminalized psilocybin and psilocyn in the Commonwealth. Advocates were hopeful that the measure would pass in the Senate Judiciary Committee, which first held a hearing on the proposal earlier this month where bipartisan lawmakers voiced support

About a week after Colorado activists filed revised versions of 2022 ballot initiatives to legalize psilocybin and create “healing centers” in the state, a second campaign has submitted their own competing proposal to legalize psychedelics. Activists with Decriminalize Nature Boulder County filed the new, one-page initiative on Friday. It would allow adults 21 and older

About a week after Colorado activists filed revised versions of 2022 ballot initiatives to legalize psilocybin and create “healing centers” in the state, a second campaign has submitted their own competing proposal to legalize psychedelics. Activists with Decriminalize Nature Boulder County filed the new, one-page initiative on Friday. It would allow adults 21 and older