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California Governor’s amendment on hemp and marijuana faces resistance (Newsletter: August 12, 2024)

VA clarification on cannabis; OR marijuana labor law measure on ballot; MD governor on cannabis banking; MA psychedelics; Survey: drug use among Olympians

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/ KEY THINGS YOU SHOULD KNOW

The Department of Veterans Affairs has reminded that its doctors will remain prohibited from prescribing medical cannabis to veterans, even as recreational sales begin in Ohio.– at least as long as marijuana remains a Schedule I controlled substance under federal law.

Oregon’s Secretary of State confirmed that union organizers at United Food and Commercial Workers Local 555 have submitted enough valid signatures to launch an initiative to require marijuana businesses to conclude industrial peace agreements in the vote in November.

Massachusetts Democratic Governor Maura Healey signed a veterans bill that includes provisions to establish a psychedelics task force. whose task will be to make recommendations on the therapeutic benefits of substances such as psilocybin and MDMA.

Maryland Governor Wes Moore (D) said he would continue to advocate for “sensible and consistent federal policy” on marijuana.– including banking access for cannabis businesses – as his state’s market continues to grow.

The California Senate Budget Committee is expected to take up an amendment proposed by Governor Gavin Newsom (D) on Monday that would include hemp products in the marijuana supply chain.– a change that supporters say could turn the industry on its head.

According to a new poll, two out of three Americans believe Olympic athletes should be allowed to use marijuana without facing penalties.– a higher percentage than those who allow Olympians to consume alcohol and tobacco without penalty.

A scientific review of the use of medical marijuana to treat Tourette syndrome found “promising and potentially effective results with the use of cannabis-based medications to alleviate the severity of tics and premonitions.”

The Alabama Medical Cannabis Commission granted cultivation licenses to two companies after an administrative judge recommended that previous rejections be withdrawn.

A former Democratic political operative from Minnesota agreed to pay $1.2 million to settle a lawsuit brought by two South Dakota cannabis companies. and their investors who accused him of fraud.

/ FEDERAL

The Food and Drug Administration rejected an application for approval of MDMA-assisted therapy for PTSD.

Rep. Morgan Luttrell (R-TX) criticized the rejection of MDMA-assisted therapy by the Food and Drug Administration.

The House of Representatives bill Legalize marijuana at the federal level got a new co-sponsor, making a total of 94.

The House of Representatives bill encourage the Department of Veterans Affairs to investigate medical cannabis got a new co-sponsor, making a total of 11.

/ STATES

Former Minnesota Governor Jesse Ventura spoke about how incumbent Tim Walz, now the Democratic vice presidential candidate, invited him to the signing ceremony of a bill legalizing marijuana.

A Nebraska The senator said marijuana legalization should be included in a property tax relief plan.

California Regulatory authorities have ordered a recall of marijuana products due to the presence of Aspergillus.

Missouri Regulators recalled marijuana products that did not comply with regulations.

Some Tennessee Convictions for marijuana possession could be overturned due to doubts about the reliability of police testing methods.

Alaska Regulators have submitted proposed changes to the rules governing operating plan requirements for applicants for marijuana business licenses.

Iowa Regulators have proposed revised rules for consumable hemp products.

Massachusetts Regulatory agencies responsible for licensing and testing marijuana have resigned.

Ohio Regulators have issued tips on responsible cannabis use.

The Oregon The Advisory Committee on the Implementation of Hemp Regulations meets on Tuesday.


Marijuana Moment is tracking more than 1,500 cannabis, psychedelics and drug bills in state legislatures and Congress this year. Patreon supporters who pledge at least $25/month get access to our interactive maps, charts and hearing calendar so they don’t miss any developments.

Learn more about our marijuana bill tracker and become a supporter on Patreon to get access.

/ LOCAL

The Mohave County, Arizona The Board of Directors has decided to use nearly $110,000 of medical cannabis revenue to fund mental health services.

The Louisville, Kentucky The city council has approved location rules for businesses that offer medical cannabis.

A Los Angeles County, California A civil grand jury released a report criticizing the licensing of local marijuana businesses.

/ INTERNATIONAL

The Netherlands The Attorney General reported that cannabis growers were having trouble meeting regulatory standards.

/ SCIENCE & HEALTH

A study showed that “CBD has neuroprotective properties which significantly counteract the neurodevelopmental disorders caused by neonatal hypoxia in rats.”

Researchers “developed and optimized an effective protocol for In vitro flowering and seed production in cannabis and potentially provides a platform for sterile cannabinoid production and an efficient tool for breeding programs.”

/ REPRESENTATION, OPINION & ANALYSIS

The Boston Globe editorial staff calls on Massachusetts authorities to better monitor marijuana testing.

/ BUSINESS

Canopy Growth Corporation reported quarterly net sales of C$66.2 million and a net loss of C$127.1 million.

TILT Holdings Inc. reported quarterly net revenues of $26.6 million and a net loss of $35.9 million.

Leafly Holdings, Inc. reported quarterly revenue of $8.7 million and a net loss of $1.3 million.

Lykos Therapeutics said it “intends to exhaust all available regulatory processes to expeditiously” obtain approval for MDMA after the Food and Drug Administration rejected its application.

Eaze Technologies Inc. is being sued by a shareholder.

Mind Medicine (MindMed) Inc. announced the pricing of an underwritten public offering of common stock.

/ CULTURE

An investment company that 2 chains has filed a lawsuit alleging investment fraud in the cannabis business.

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By Olivia

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