{"id":53612,"date":"2022-03-16T02:15:44","date_gmt":"2022-03-16T10:15:44","guid":{"rendered":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2022\/03\/16\/state-treasurers-push-cannabis-banking-in-dc-newsletter-march-16-2022\/"},"modified":"2022-03-16T13:46:56","modified_gmt":"2022-03-16T21:46:56","slug":"state-treasurers-push-cannabis-banking-in-dc-newsletter-march-16-2022","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2022\/03\/16\/state-treasurers-push-cannabis-banking-in-dc-newsletter-march-16-2022\/","title":{"rendered":"State treasurers push cannabis banking in DC (Newsletter: March 16, 2022)"},"content":{"rendered":"

<\/p>\n

CO psilocybin initiative; RI legalization hearing; MD psychedelics treatment bill; Hemp wigs for UK lawyers<\/em><\/p>\n

Subscribe<\/a>\u00a0to receive Marijuana Moment\u2019s newsletter in your inbox every weekday morning. It\u2019s the best way to make sure you know which cannabis stories are shaping the day.<\/p>\n

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Your support makes Marijuana Moment possible\u2026<\/b><\/p>\n

BREAKING<\/b>: Journalism is often consumed for free, but costs money to produce! While this newsletter is proudly sent without cost to you, our ability to send it each day depends on the financial support of readers who can afford to give it. So if you\u2019ve got a few dollars to spare each month and believe in the work we do, please consider joining us on Patreon today.<\/span>
\n<\/span>https:\/\/www.patreon.com\/marijuanamoment<\/span>
\n<\/span>
\n<\/span><\/a>\/ TOP THINGS TO KNOW<\/b>
\n<\/span>
\n<\/span>The <\/span>National Association of State Treasurers<\/span><\/a> held a session on marijuana banking legislation as part of a conference it is hosting in Washington, D.C. Officials in attendance at the event plan to meet with lawmakers on Capitol Hill to discuss the SAFE Banking Act.<\/span>
\n<\/span>
\n<\/span>Colorado activists<\/span><\/a> picked one of four proposed psychedelics reform initiatives that they will pursue for the November ballot. Signature gathering will begin soon for the measure, which\u00a0 would legalize psilocybin, create licensed \u201chealing centers\u201d for therapeutic use and seal prior convictions.<\/span>
\n<\/span>
\n<\/span>The <\/span>Rhode Island Senate Judiciary Committee<\/span><\/a> held a hearing on a jointly negotiated bicameral marijuana legalization bill, though advocates who testified criticized its expungements provisions for not being automatic.<\/span>
\n<\/span>
\n<\/span>The <\/span>Maryland House Appropriations Committee<\/span><\/a> held a hearing on a bill to create a state fund that could be used to provide access to psychedelics like psilocybin, MDMA and ketamine for military veterans suffering from PTSD.<\/span>
\n<\/span>
\n<\/span>A <\/span>UK lawyer<\/span><\/a> is disrupting the tradition of wearing horsehair wigs in court with a new vegan hemp-based version.<\/span>
\n<\/span>
\n<\/span>\/ FEDERAL<\/b>
\n<\/span>
\n<\/span>The <\/span>Internal Revenue Service<\/span><\/a> denied tax-exempt nonprofit status to a church whose ceremonies involve marijuana use.<\/span>
\n<\/span>
\n<\/span>Sen. Cory Booker (D-NJ)<\/span><\/a> tweeted, \u201cIt\u2019s time for comprehensive cannabis reform in this country.\u201d<\/span>
\n<\/span>
\n<\/span>Former Rep. Ron Paul (R-TX)<\/span><\/a> said, \u201cI\u2019m not pro-marijuana, I\u2019m pro-freedom.\u201d<\/span>
\n<\/span>
\n<\/span>\/ STATES<\/b>
\n<\/span>
\n<\/span>Pennsylvania<\/span><\/a> Democratic gubernatorial candidate Josh Shapiro, currently the attorney general, tweeted, \u201cWhat\u2019s the difference between Colorado, New Jersey, New York, and Pennsylvania? Three are states, and one is a Commonwealth \u2014 and the three states legalized recreational marijuana and have minimum wages over single digits. Pennsylvania, let\u2019s get it done.\u201d He also <\/span>tweeted<\/span><\/a>, \u201cStep 1. Legalize recreational marijuana. Step 2. Expunge the records of those with non-violent marijuana-related offenses. Step 3. Grow our economy. Pennsylvanians support those steps. We\u2019ve got to get it done.\u201d<\/span>
\n<\/span>
\n<\/span>The <\/span>Georgia<\/span><\/a> Senate and House passed differing medical cannabis licensing bills ahead of the crossover deadline.<\/span>
\n<\/span>
\n<\/span>The <\/span>New Hampshire<\/span><\/a> House of Representatives voted to reject or <\/span>table<\/span><\/a> several proposed marijuana legalization constitutional amendments.<\/span>
\n<\/span>
\n<\/span>The <\/span>Connecticut<\/span><\/a> legislature\u2019s General Law Committee approved a bill to close a perceived loophole related to marijuana \u201cgifting.\u201d<\/span>
\n<\/span>
\n<\/span>A <\/span>Washington, D.C.<\/span><\/a> councilmember said congressional Democrats \u201cbetrayed\u201d the city by continuing a rider that blocks it from being able to legalize marijuana sales.<\/span>
\n<\/span>
\n<\/span>A <\/span>Texas<\/span><\/a> representative tweeted, \u201cVery excited to see Oklahoma is following TX\u2019s lead & expanding research into the use of psychedelics to meet our mental health epidemic. I commend Oklahoma for going further & including a variety of conditions. Hopefully other states continue to follow TX\u2019s example.\u201d<\/span>
\n<\/span>
\n<\/span>Vermont<\/span><\/a> regulators approved marijuana rules and will begin accepting applications for cannabis business pre-qualification status on Wednesday.<\/span>
\n<\/span>
\n<\/span>California<\/span><\/a> regulators launched a new resource called CannaConnect that aims to help marijuana businesses navigate the regulated market and maintain compliance.<\/span>
\n<\/span>
\n<\/span>New York<\/span><\/a> regulators began accepting applications for hemp farmers to obtain conditional licenses to grow marijuana. Separately, the state\u2019s <\/span>Dormitory Authority<\/span><\/a> is taking steps to help cannabis social equity businesses secure leases for dispensaries.<\/span>
\n<\/span>
\n<\/span>New Jersey<\/span><\/a> regulators began accepting recreational marijuana dispensary license applications. Separately, <\/span>regulators<\/span><\/a> will host a hearing to get input on how to spend cannabis tax revenue on Wednesday.<\/span>
\n<\/span>
\n<\/span>An <\/span>Arkansas<\/span><\/a> judge extended a temporary restraining order preventing regulators from issuing additional medical cannabis dispensary licenses.<\/span>
\n<\/span>
\n<\/span>Illinois<\/span><\/a> regulators are moving to simplify the marijuana dispensary license application process.<\/span>
\n<\/span>
\n<\/span>Alabama\u2019s<\/span><\/a> top medical cannabis regulator spoke about efforts to implement the program.<\/span>
\n<\/span>
\n<\/span>Oklahoma<\/span><\/a> regulators announced a partnership with NCS Analytics to establish a data analytics platform to monitor and regulate medical cannabis business operations. <\/span>
\n<\/span>
\n<\/span>The <\/span>Washington State<\/span><\/a> Social Equity in Cannabis Task Force\u2019s Licensing Workgroup will meet on Thursday.<\/span>
\n<\/span>
\n\u2014
\nMarijuana Moment is already tracking more than 1,000 cannabis, psychedelics and drug policy bills<\/a> in state legislatures and Congress this year. Patreon supporters<\/a> pledging at least $25\/month get access to our interactive maps, charts and hearing calendar so they don\u2019t miss any developments.<\/strong>
\n\"\"<\/a>
\nLearn more about our marijuana bill tracker<\/a> and become a supporter on Patreon<\/a> to get access.
\n\u2014<\/strong><\/strong><\/span><\/p>\n

\/ LOCAL<\/b>
\n<\/span>
\n<\/span>Ann Arbor, Michigan<\/span><\/a> activists are asking the City Council to pass a measure to decriminalize drugs.<\/span>
\n<\/span>
\n<\/span>A lawsuit filed against <\/span>Cartersville, Georgia<\/span><\/a> and local police agencies over the mass arrest of more than 60 party attendees for possession of marijuana has been settled, with defendants agreeing to pay $900,000.<\/span>
\n<\/span>
\n<\/span>The <\/span>Detroit, Michigan<\/span><\/a> City Council delayed a vote on a proposed ordinance to allow recreational marijuana businesses.<\/span>
\n<\/span>
\n<\/span>The <\/span>Boston, Massachusetts<\/span><\/a> Cannabis Board will meet on Wednesday.<\/span>
\n<\/span>
\n<\/span>The New York Times examined <\/span>Oakland, California<\/span><\/a> marijuana business owners\u2019 struggles.<\/span>
\n<\/span>
\n<\/span>\/ INTERNATIONAL<\/b>
\n<\/span>
\n<\/span>The <\/span>Israeli<\/span><\/a> Knesset Constitution, Law and Justice Committee held a hearing on marijuana decriminalization regulations.<\/span>
\n<\/span>
\n<\/span>Milan, <\/span>Italy\u2019s<\/span><\/a> City Council is calling on the nation to legalize marijuana.<\/span>
\n<\/span>
\n<\/span>\/ SCIENCE & HEALTH<\/b>
\n<\/span>
\n<\/span>A study found that \u201cconcurrent cannabis use at the 30-year follow-up is strongly related to <\/span>life success<\/span><\/a>.\u201d<\/span>
\n<\/span>
\n<\/span>A study found that \u201chigh-CBD cannabis extracts attenuated ACE2 and TMPRSS2 expression and the induction of inflammatory mediators COX2, IL-6, and IL-8 via the AKT pathway, highlighting their potential <\/span>anti-COVID-19 features<\/span><\/a>.\u201d<\/span>
\n<\/span>
\n<\/span>\/ ADVOCACY, OPINION & ANALYSIS<\/b>
\n<\/span>
\n<\/span>A poll found that <\/span>Minnesota adults<\/span><\/a> oppose legalizing marijuana, 53 percent to 42 percent.<\/span>
\n<\/span>
\n<\/span>Better Organizing to Win Legalization, Our Revolution, Drug Policy Alliance, National Employment Law Project<\/span><\/a> and other organizations sent a letter urging House leaders to hold a floor vote on a federal marijuana legalization bill.<\/span>
\n<\/span>
\n<\/span>The <\/span>Veterans Action Council<\/span><\/a> sent a letter to Attorney General Merrick Garland arguing that he must initiate the rescheduling of marijuana due to changes to its status under international conventions.<\/span>
\n<\/span>
\n<\/span>\/ BUSINESS<\/b>
\n<\/span>
\n<\/span>Canopy Growth Corporation<\/span><\/a> was fined C$434,611 by Canadian officials for allegedly growing plants on an outdoor farm before receiving a license to do so.<\/span>
\n<\/span>
\n<\/span>Curaleaf Holdings, Inc.<\/span><\/a> has a new interim CFO.<\/span>
\n<\/span>
\n<\/span>TerrAscend Corp.<\/span><\/a> says it is the first major U.S. cannabis operator to launch a mobile retail app Apple\u2019s iOs App Store.<\/span>
\n<\/span>
\n<\/span>MUDWTR<\/span><\/a> allows<\/span><\/a> its employees to microdose psychedelics in the workplace.<\/span>
\n<\/span>
\n<\/span>\/ CULTURE<\/b>
\n<\/span>
\n<\/span>Mike Tyson\u2019s<\/span><\/a> cannabis brand\u00a0 launched a line of ear-shaped edibles, a reference to when he bit off part of Evander Holyfield\u2019s ear during a fight.<\/span><\/p>\n

Make sure to\u00a0subscribe<\/a> to get Marijuana Moment\u2019s daily dispatch in your inbox.<\/strong><\/p>\n

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The post State treasurers push cannabis banking in DC (Newsletter: March 16, 2022)<\/a> appeared first on Marijuana Moment<\/a>.<\/p>\n


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