{"id":55862,"date":"2022-07-13T02:11:18","date_gmt":"2022-07-13T10:11:18","guid":{"rendered":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2022\/07\/13\/cannabis-banking-psychedelics-discussed-in-congress-newsletter-july-13-2022\/"},"modified":"2022-07-13T08:45:41","modified_gmt":"2022-07-13T16:45:41","slug":"cannabis-banking-psychedelics-discussed-in-congress-newsletter-july-13-2022","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2022\/07\/13\/cannabis-banking-psychedelics-discussed-in-congress-newsletter-july-13-2022\/","title":{"rendered":"Cannabis banking & psychedelics discussed in Congress (Newsletter: July 13, 2022)"},"content":{"rendered":"

<\/p>\n

CT marijuana sales near; Bill Clinton praises CBD for pain study; Libraries want legalization revenue; NBA players union cannabis partnership<\/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

Your good deed for the day:<\/b> donate to an independent publisher like Marijuana Moment and ensure that as many voters as possible have access to the most in-depth cannabis reporting out there.<\/span>
\n<\/span>
\n<\/span>Support our work at <\/span>https:\/\/www.patreon.com\/marijuanamoment<\/span>
\n<\/span>
\n<\/span><\/a>\/ TOP THINGS TO KNOW<\/b>
\n<\/span>
\n<\/span>Rep. Ed Perlmutter (D-CO)<\/span><\/a> spoke before the House Rules Committee about his latest push to include his marijuana banking legislation in the National Defense Authorization Act (NDAA)\u2014revealing a new Congressional Budget Office score that says it\u2019ll save taxpayer money and discussing a potential broader cannabis omnibus bill that could include this and other reforms.<\/span>
\n<\/span>
\n<\/span>Reps. Dan Crenshaw (R-TX) and Matt Gaetz (R-FL)<\/span><\/a> testified before the House Rules Committee to ask that their separate NDAA amendments on studying the benefits of psychedelics for military members with PTSD and other conditions be allowed to proceed to floor votes.<\/span>
\n<\/span>
\n<\/span>Connecticut Gov. Ned Lamont (D)<\/span><\/a> said the state is \u201cabout six months away\u201d from launching recreational marijuana sales, and officials gave initial approval to the first cannabis cultivation licenses.<\/span>
\n<\/span>
\n<\/span>Former President Bill Clinton<\/span><\/a> thinks the results of a clinical trial on CBD for pain management are \u201cvery encouraging\u201d as his foundation works to \u201creduce opioid addiction and deaths,\u201d according to a press release from TR Processing, which supplied the cannabinoid for the study. The company also announced that a former White House deputy drug czar joined its board.<\/span>
\n<\/span>
\n<\/span>The <\/span>EveryLibrary Institute<\/span><\/a> says that public libraries stand to benefit substantially from marijuana tax revenue and it is urging them to get involved early in the process of drafting legalization bills and initiatives to ensure they are included.<\/span>
\n<\/span>
\n<\/span>The <\/span>National Basketball Players Association<\/span><\/a> announced a new partnership with former player Al Harrington\u2019s CBD brand Re+Play.<\/span>
\n<\/span>
\n<\/span>\/ FEDERAL<\/b>
\n<\/span>
\n<\/span>Former White House Office of National Drug Control Policy Director Michael Botticelli<\/span><\/a> said the Biden administration should embrace safe consumption sites for illegal drugs.<\/span>
\n<\/span>
\n<\/span>The <\/span>U.S. Department of Agriculture\u2019s<\/span><\/a> Natural Resources Conservation Service sent a press release recognizing National Hemp Month.<\/span>
\n<\/span>
\n<\/span>Sen. Kirsten Gillibrand (D-NY)<\/span><\/a> tweeted, \u201cCannabis has widely accepted medical uses. It\u2019s long past time to decriminalize marijuana and to expunge non-violent convictions. Proud to join @SenWarren, @SenBooker, @SenMarkey, @RonWyden, and @SenSanders on this letter [to President Joe Biden.\u201d<\/span>
\n<\/span>
\n<\/span>Rep. Troy Carter (D-LA)<\/span><\/a> tweeted, \u201cMy bill the CLIMB Act would address real-world, operational issues facing the cannabis industry and help open the sector to more small, minority-owned, women-owned businesses.\u201d<\/span>
\n<\/span>
\n<\/span>\/ STATES<\/b>
\n<\/span>
\n<\/span>Seven <\/span>Maryland<\/span><\/a> Democratic gubernatorial candidates said they plan to vote for a marijuana legalization referendum on the November ballot, while one Republican contender said he will vote no.<\/span>
\n<\/span>
\n<\/span>Kansas\u2019s<\/span><\/a> attorney general filed a motion to dismiss a lawsuit that a CBD product seller brought against state officials after being raided by local police.<\/span>
\n<\/span>
\n<\/span>A federal judge dismissed a suit accusing <\/span>Washington State<\/span><\/a> marijuana regulators of racial bias.<\/span>
\n<\/span>
\n<\/span>Colorado<\/span><\/a> regulators are offering technical assistance courses to marijuana businesses on securing funding and financial protections. Separately, they released updated <\/span>demographic<\/span><\/a> information about cannabis business licensees.<\/span>
\n<\/span>
\n<\/span>Michigan<\/span><\/a> regulators are conducting a survey about notifications of marijuana product recalls.<\/span>
\n<\/span>
\n<\/span>California<\/span><\/a> regulators sent a press release marking the one-year anniversary of the Department of Cannabis Control\u2019s formation.<\/span>
\n<\/span>
\n<\/span>South Carolina<\/span><\/a> regulators posted lists of permitted hemp facilities, <\/span>seed providers<\/span><\/a>, <\/span>brokers<\/span><\/a>, <\/span>transporters<\/span><\/a> and <\/span>labs<\/span><\/a>.<\/span>
\n<\/span>
\n<\/span>The <\/span>Alabama<\/span><\/a> Medical Cannabis Commission will hold a public hearing on proposed medical cannabis rules on Thursday.<\/span>
\n<\/span>
\n<\/span>The <\/span>Arkansas<\/span><\/a> Medical Marijuana Commission will meet on Thursday.<\/span>
\n<\/span>
\n<\/span>The <\/span>South Dakota<\/span><\/a> legislature\u2019s Medical Marijuana Oversight Committee will meet on Thursday.<\/span>
\n<\/span>
\n\u2014
\nMarijuana Moment is tracking more than 1,500 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>Seattle, Washington\u2019s<\/span><\/a> former city attorney joined NORML\u2019s board of directors.<\/span>
\n<\/span>
\n<\/span>The <\/span>Detroit, Michigan<\/span><\/a> City Council voted to open phase I applications for recreational marijuana business licenses.<\/span>
\n<\/span>
\n<\/span>The <\/span>Barrington, Rhode Island<\/span><\/a> Town Council placed a question on whether to allow marijuana businesses on the November ballot.<\/span>
\n<\/span>
\n<\/span>The <\/span>Evanston, Illinois<\/span><\/a> City Council rejected a proposal to allow public possession of marijuana.<\/span>
\n<\/span>
\n<\/span>\/ INTERNATIONAL<\/b>
\n<\/span>
\n<\/span>Thailand\u2019s<\/span><\/a> health minister denied claims that he supported cannabis reform in order to benefit a family business. Separately, the secretariat of the <\/span>Court of Justice<\/span><\/a> issued a directive banning people from using or consuming marijuana within its premises.<\/span>
\n<\/span>
\n<\/span>Ireland\u2019s<\/span><\/a> Oireachtas Justice Committee held a hearing on drug possession penalties.<\/span>
\n<\/span>
\n<\/span>A member of the <\/span>UK<\/span><\/a> House of Lords pressed government officials on medical cannabis access issues.<\/span>
\n<\/span>
\n<\/span>\/ SCIENCE & HEALTH<\/b>
\n<\/span>
\n<\/span>A study demonstrated that \u201cthe use of medical cannabis among patients with <\/span>musculoskeletal conditions<\/span><\/a> effectively reduced pain levels.\u201d<\/span>
\n<\/span>
\n<\/span>A review concluded that \u201cthe efficacy of CBD in treating <\/span>epileptic seizures<\/span><\/a> has been confirmed by randomized controlled trials for Lennox\u2013Gastaut syndrome, Dravet syndrome, and tuberous sclerosis complex,\u201d and while \u201cthe incidence of side effects reported in subjects of the studies is high,\u201d \u201cmost studies indicate a good safety profile and tolerance to the drug, with most of the adverse effects being mild to moderate and transient.\u201d<\/span>
\n<\/span>
\n<\/span>\/ ADVOCACY, OPINION & ANALYSIS<\/b>
\n<\/span>
\n<\/span>The <\/span>Toronto Star editorial board<\/span><\/a> is cheering a Canadian bill to sequester drug possession records.<\/span>
\n<\/span>
\n<\/span>Students for Sensible Drug Policy and the Student Marijuana Alliance for Research and Transparency<\/span><\/a> named\u00a0 11 student ambassadors for Historically Black Colleges and Universities.<\/span>
\n<\/span>
\n<\/span>\/ BUSINESS<\/b>
\n<\/span>
\n<\/span>Jushi Holdings Inc.<\/span><\/a> said its CFO resigned to work at another cannabis company and it will \u201ctake steps to enforce its contractual rights\u201d under a 12-month noncompete agreement.<\/span>
\n<\/span>
\n<\/span>Tilray Brands, Inc.<\/span><\/a> closed an investment in HEXO Corp.<\/span>
\n<\/span>
\n<\/span>Lume Cannabis Co.<\/span><\/a> closed four of its Michigan stores.<\/span>
\n<\/span>
\n<\/span>Michigan<\/span><\/a> retailers sold $187.4 million worth of legal marijuana products in June.<\/span><\/p>\n

Arizona<\/span><\/a> retailers sold $122.4 million worth of legal marijuana products in April.<\/span>
\n<\/span>
\n<\/span>\/ CULTURE<\/b>
\n<\/span>
\n<\/span>Ozzy Osbourne<\/span><\/a> bought four ounces of cannabis at a dispensary but decided not to smoke it.<\/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 Cannabis banking & psychedelics discussed in Congress (Newsletter: July 13, 2022)<\/a> appeared first on Marijuana Moment<\/a>.<\/p>\n


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