KY funds psychedelic research with opioid settlement money; LA marijuana expungement vote; Congressional hemp 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 possible…
Free to read (but not free to produce)! We’re proud of our newsletter and the reporting we publish at Marijuana Moment, and we’re happy to provide it for free. But it takes a lot of work and resources to make this happen.
If you value Marijuana Moment, invest in our success on Patreon so we can expand our coverage and more readers can benefit: https://www.patreon.com/marijuanamoment
/ TOP THINGS TO KNOW
The U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives is warning Minnesota marijuana consumers that they are still federally barred from purchasing and possessing guns regardless of the state’s new cannabis legalization law.
Kentucky Attorney General Daniel Cameron (R)—the GOP gubernatorial nominee—participated in an announcement about the allocation of $42 million of the state’s opioid settlement funds to support research on using the psychedelic ibogaine to treat addiction.
The Louisiana Senate Judiciary C Committee approved a House-passed bill to streamline expungements for people with first-time marijuana possession convictions.
Reps. Matt Rosendale (R-MT) and Chrissy Houlahan (D-PA) filed a new bipartisan bill to ease testing and sampling requirements on industrial hemp producers who grow the crop for purposes other than cannabinoid extraction.
The Arizona Court of Appeals ruled that marijuana sales convictions are eligible to be expunged—in addition to records for mere possession.
The St. Louis City NAACP is demanding an “immediate correction” of Missouri regulators’ list of ZIP codes where people qualify for marijuana microbusiness licenses—because none are in North St. Louis where about half of the state’s Black population lives.
Food and Drug Administration officials said that a potential regulatory pathway for CBD products could include potency limits on CBD and other cannabinoids.
Sen. Brian Schatz (D-HI) discussed his support for psychedelics research.
The House marijuana banking bill got one new cosponsor for a total of 30.
Minnesota Gov. Tim Walz (D) tweeted, “Today I signed a bill legalizing adult-use cannabis and expunging nonviolent cannabis convictions in Minnesota. This is the right move for Minnesota.” He also tweeted, “Criminalizing cannabis hasn’t worked. By legalizing it for adult use, we’re expanding our economy, creating jobs, and regulating the industry to keep Minnesotans safe. I’m proud to have signed this bill into law.”
Wisconsin Gov. Tony Evers (D) tweeted, “There’s no reason Wisconsin shouldn’t be next when we know Wisconsinites overwhelmingly support legalizing and taxing marijuana, much like we already do with alcohol.”
The South Dakota legislature’s Executive Board made additional changes to the membership of the Medical Marijuana Oversight Committee.
New York regulators are asking a judge to dismiss a lawsuit from medical cannabis companies that are upset about the state’s rollout of recreational marijuana sales, saying that they don’t have standing.
Alaska regulators will consider marijuana business issues at meetings on Thursday and Friday.
Marijuana Moment is 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.
Boston, Massachusetts’s mayor announced that the city will be hosting a series of educational sessions on the cannabis industry and entrepreneurship.
Baltimore County, Maryland officials are crafting a framework for legal marijuana sales.
A member of the Thailand Move Forward Party’s public health working panel discussed its plans for marijuana if it is able to form a government.
/ SCIENCE & HEALTH
A study found that medical cannabis “may be effective in reducing both pain severity and pain interference while also improving quality of life, general health, mood and sleep in patients with chronic pain.”
A review concluded that “there is no credible evidence from the twelve epidemiological studies that the co-use of cannabis exacerbates the effect of alcohol on the risk of crashing.”
/ ADVOCACY, OPINION & ANALYSIS
The Democratic Governors Association tweeted, “Thanks to Gov. @Tim_Walz’s leadership, Minnesota just became the 23rd state in the country to legalize recreational marijuana use.”
The Republican Party of Minnesota’s executive director criticized Gov. Tim Walz (D) for inviting former Gov. Jesse Ventura to the signing of a marijuana legalization bill, saying he is an “extremist” who has “touted dangerous conspiracy theories.”
StateHouse Holdings Inc. reported quarterly net revenue of $24.7 million.
POSaBIT Systems Corporation reported quarterly revenue of $11.5 million and a net loss of $3 million.
Fire & Flower Holdings Corp. engaged a financial advisor to assist with reviewing strategic options, including financing moves.
COMPASS Pathways plc’s co-founder and chief innovation officer is stepping down from her executive role.
Make sure to subscribe to get Marijuana Moment’s daily dispatch in your inbox.