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Cannabis banking gets big support in poll (Newsletter: March 9, 2022)

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OK psilocybin decrim passes; Perlmutter will be “pest” until marijuana banking passes; KS medical cannabis bill filed

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/ TOP THINGS TO KNOW

The Oklahoma House of Representatives passed a bill to decriminalize psilocybin and encourage research on the therapeutic effects of the psychedelic for people with PTSD, depression, opioid use disorder and other conditions.

Rep. Ed Perlmutter (D-CO) pledged to “continue to be a real pest” until the Senate agrees to pass his marijuana banking bill.

A new poll commissioned by the American Bankers Association found that 68 percent of Americans want Congress to pass cannabis banking legislation.

The chairman of the Kansas Senate Federal and State Affairs Committee filed a new bill to legalize medical marijuana. The House passed separate medical cannabis legislation last year but it stalled in the Senate.

/ FEDERAL

The U.S. Department of Agriculture included information about hemp data it collects in an annual Privacy Act notice.

The U.S. Court of Appeals for the Tenth Circuit declined a request for the full court to review a marijuana business’s case aiming to quash Internal Revenue Service summonses.

Rep. Kevin Brady (R-TX) said a local sheriff told him that his department’s “drug seizures include all kinds of fentanyl laced drugs, including marijuana.”

The House bill to seal certain marijuana and other convictions got six new cosponsors for a total of 16.

/ STATES

South Dakota Gov. Kristi Noem (R) signed several medical cannabis reform bills into law, and the legislature sent her several other measures. Separately, Democratic gubernatorial candidate Jamie Smith, currently the House minority leader, criticized the governor for undermining the state’s voter-approved marijuana legalization measure.

New Jersey Gov. Phil Murphy’s (D) budget proposal recommends using marijuana revenue to benefit communities harmed by the war on drugs.

Pennsylvania Democratic gubernatorial candidate Josh Shapiro, currently the attorney general, tweeted, “Republicans in Harrisburg could legalize recreational marijuana, raise the minimum wage, and pass nondiscrimination bills. But they haven’t over the past decade because they’re more focused on helping wealthy special interests. I’m still fighting for you, and I always will.”

Here’s a look at Utah medical cannabis reform bills that passed this session.

New Hampshire House Minority Leader Renny Cushing, who championed marijuana reform, passed away.

The California Assembly Public Safety Committee approved a bill to provide relief to people with marijuana convictions.

The Missouri House Public Safety Committee held a hearing on a marijuana legalization bill.

The Maryland House Judiciary Committee held a brief hearing on a marijuana legalization bill that’s being presented as an alternative to a legal cannabis plan that the full House has already approved.

The Connecticut House General Laws Committee held a hearing on legislation to ban forms of marijuana gifting.

A Michigan representative filed a bill to remove marijuana from the state’s list of Schedule I substances.

An Indiana representative tweeted, “When 80% of Hoosiers support medical cannabis, or adult use, we really aren’t representing our districts well when we refuse to hear 13 bills that were filed this year on the topic.”

Oklahoma’s top medical cannabis regulator spoke about implementing a new tracking system.

Massachusetts regulators launched programming for the state’s third cannabis social equity program cohort.

Illinois regulators published questions and answers about marijuana transporter license applications.

Oregon regulators posted a presentation about hemp rules.

New York marijuana regulators will meet on Thursday.


Marijuana Moment is already tracking more than 1,000 cannabis, psychedelics and drug policy bills in state legislatures and Congress this year. Patreon supporters pledging 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

Jersey City, New Jersey’s Planning Board began reviewing the city’s first recreational marijuana retail application.

Oakland, California’s Cannabis Regulatory Commission will meet on Thursday.

/ INTERNATIONAL

The Spanish Congress of Deputies’s medical cannabis subcommittee held its first hearing.

Argentina’s Supreme Court will hold hearings next month on the constitutionality of criminalizing medical cannabis cultivation.

/ SCIENCE & HEALTH

A study found that “CBD appears to alter some key physiological and psychological responses to aerobic exercise without impairing performance.”

A review concluded that “psilocybin – mostly combined with psychotherapy or psychotherapeutic support – shows a promise as a treatment for various (treatment-resistant) mental disorders.”

/ ADVOCACY, OPINION & ANALYSIS

The Democratic LegislativeCampaign Committee tweeted about how Virginia’s former House speaker oversaw the passage of marijuana legalization legislation.

/ BUSINESS

Ascend Wellness Holdings, Inc. reported quarterly net revenue of $88.5 million and a net loss of $16.5 million.

Groff North America says it is the first company in the U.S. to grow and bring a cannabis crop to market legally for scientific study.

The Scotts Miracle-Gro Company said it expects sales for its Hawthorne unit to decline 15 to 25 percent, as “sales in the segment have been challenged for several months due to an oversupply of cannabis, which is leading to a slowdown in both indoor and outdoor cultivation.”

The MAPS Public Benefit Corporation has a new COO.

/ CULTURE

Russian authorities released a photo of American basketball player Brittney Griner, who is being detained after allegedly being caught with cannabis vape cartridges at an airport.

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Tom Angell is the editor of Marijuana Moment. A 20-year veteran in the cannabis law reform movement, he covers the policy and politics of marijuana. Separately, he founded the nonprofit Marijuana Majority. Previously he reported for Marijuana.com and MassRoots, and handled media relations and campaigns for Law Enforcement Against Prohibition and Students for Sensible Drug Policy.

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