Newsletter
Feds say cannabis industry “will continue to grow” (Newsletter: July 7, 2021)
Team USA: Reevaluate marijuana penalties for athletes; VA candidates clash on cannabis; Another CA city considers psychedelics decrim
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/ TOP THINGS TO KNOW
The federal Economic Classification Policy Committee said the marijuana industry “will continue to grow.” The panel—comprised of the White House Office of Management and Budget, Census Bureau, Bureau of Economic Analysis and the Bureau of Labor Statistics—is recommending several changes to how cannabis, hemp and CBD businesses are categorized in the North American Industry Classification System.
USA Track & Field said it agrees that rules punishing Olympic athletes for marijuana “should be reevaluated.” But it is choosing not to let Sha’Carri Richardson run in the upcoming relay event in Tokyo even though it falls outside her initial 30-day suspension window.
Virginia gubernatorial and attorney general candidates are sharply divided across party lines on marijuana legalization—with Democrats proudly in support of the new law they passed this year and Republicans maintaining opposition.
An Arcata, California City Council member has agreed to sponsor a resolution aimed at making it the third city in the state to decriminalize psychedelics. Meanwhile, a bill to legalize possession of psilocybin, LSD and more is advancing at the state level, with another committee vote coming up next week.
A new poll found that, overall, American men support suspending Sha’Carri Richardson from the Olympics for marijuana while women oppose it.
/ FEDERAL
The Federal Trade Commission approved a final administrative consent order against Kushly Industries LLC and its owner for allegedly making false or unsupported health claims about its CBD products.
Customs and Border Protection sent a reminder that marijuana is still federally illegal.
Former Labor Secretary Robert Reich tweeted, “Reminder: The costs associated with enforcing the ban on marijuana, including arrests, court costs, and incarceration, reach nearly $14 billion a year. It’s time to end this madness.” He also tweeted, “What does it tell you when sitting members of Congress face no consequences for inciting a deadly insurrection at the Capitol, but Sha’Carri Richardson is suspended from the Olympics for using cannabis?”
Senate Majority Leader Chuck Schumer (D-NY) tweeted, “Americans are sending a clear message: They want an end to marijuana prohibition. I’m working in the Senate with @SenBooker and @RonWyden to end the federal prohibition and to repair the damage done by the War on Drugs.”
Sen. Ron Wyden (D-OR) tweeted about visiting a marijuana dispensary, saying, “Cannabis is an economic engine for communities in Oregon and nationwide. It’s past time to end the federal prohibition of cannabis, and I’m working hard to do just that.”
Rep. Eleanor Holmes Norton (D-DC) sent a press release that touts the House Appropriations Committee’s passage of a funding bill that does not contain provisions blocking Washington, D.C. from legalizing marijuana sales.
Rep. Barbara Lee (D-CA) tweeted, “Decriminalize and legalize marijuana now.”
Rep. Mike Garcia (R-CA) held a press conference with a local sheriff about efforts to combat illegal marijuana grow sites.
/ STATES
Nevada Gov. Steve Sisolak (D) appointed three members to the Cannabis Compliance Board.
Florida Democratic gubernatorial candidate Nikki Fried, currently the state’s agriculture commissioner, tweeted, “Marijuana is medicine. It’s past time to end cannabis prohibition — for criminal justice reform, healthcare, economic opportunity & good paying jobs.”
North Carolina’s attorney general said he supports medical cannabis but wants to make sure it is regulated properly.
The California Assembly Health Committee won’t hear a Senate-passed bill to legalize safe consumption sites for illegal drugs until next year.
A Mississippi senator said he thinks lawmakers will reach a deal on medical cannabis legislation this summer.
Maryland lawmakers spoke about plans to try to pass a marijuana legalization bill next year.
Michigan regulators will host a marijuana social equity business resource workshop on Thursday.
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Marijuana Moment is already tracking more than 1,100 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.
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/ LOCAL
An Oshkosh, Wisconsin City Council member is working on a proposed marijuana decriminalization ordinance.
Los Angeles, California regulators sent an update about implementing new ordinances on marijuana business licensing approval.
/ INTERNATIONAL
Russian President Vladimir Putin approved a strategy document that criticizes drug legalization in Western countries.
Canadian officials are facing a possible lawsuit over the right of dying patients to access psilocybin therapy.
/ SCIENCE & HEALTH
A review concluded that “recent studies provided further evidences supporting the suggestive hypothesis of a therapeutic use of psilocybin for treating various psychiatric disorders including: pathological anxiety, mood depressive disorder and addiction.”
/ ADVOCACY, OPINION & ANALYSIS
The Lancet HIV editorial board is calling for an end to the war on drugs.
/ BUSINESS
Canopy Growth Corporation is lobbying the Canadian government to reduce restrictions on marijuana-infused beverages.
Phynally is a new job search engine that features only positions that don’t require marijuana testing.
Curaleaf International’s Medalchemy site got approval from the Spanish government to import, manufacture and export medical cannabis flower.
High Tide Inc. completed its acquisition of DHC Supply LLC, which operates as Daily High Club.
Terrapin Care Station is partnering with the equity business High Demand Delivery for deliveries from its Aurora, Colorado locations.
Missouri dispensaries sold more than $16.3 million worth of medical cannabis in June.
/ CULTURE
Musician Perry Farrell criticized the marijuana suspension of Sha’Carri Richardson.
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Photo courtesy of Chris Wallis // Side Pocket Images.
