{"id":64962,"date":"2023-05-12T02:12:20","date_gmt":"2023-05-12T10:12:20","guid":{"rendered":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2023\/05\/12\/schumer-reaffirms-cannabis-banking-needs-expungements-attached-newsletter-may-12-2023\/"},"modified":"2023-05-12T17:46:25","modified_gmt":"2023-05-13T01:46:25","slug":"schumer-reaffirms-cannabis-banking-needs-expungements-attached-newsletter-may-12-2023","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2023\/05\/12\/schumer-reaffirms-cannabis-banking-needs-expungements-attached-newsletter-may-12-2023\/","title":{"rendered":"Schumer reaffirms cannabis banking needs expungements attached (Newsletter: May 12, 2023)"},"content":{"rendered":"<p><img loading=\"lazy\" src=\"https:\/\/cannabiscultivatornews.com\/home\/wp-content\/uploads\/2023\/05\/MM_Bill_Tracker_V5_blank-85.jpg\" width=\"1500\" height=\"1500\"> <\/p>\n<p><em>Senate SAFE hearing; CT psilocybin decrim passes; NH rejects legalization; Top WI senator talks marijuana; DE rep\u2019s cannabis advice for other states<\/em><\/p>\n<p><a href=\"https:\/\/www.marijuanamoment.net\/newsletter\/\" target=\"_blank\" rel=\"noopener noreferrer\">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<p>(function() {<br \/>\n\twindow.mc4wp = window.mc4wp || {<br \/>\n\t\tlisteners: [],<br \/>\n\t\tforms: {<br \/>\n\t\t\ton: function(evt, cb) {<br \/>\n\t\t\t\twindow.mc4wp.listeners.push(<br \/>\n\t\t\t\t\t{<br \/>\n\t\t\t\t\t\tevent   : evt,<br \/>\n\t\t\t\t\t\tcallback: cb<br \/>\n\t\t\t\t\t}<br \/>\n\t\t\t\t);<br \/>\n\t\t\t}<br \/>\n\t\t}<br \/>\n\t}<br \/>\n})();<br \/>\n<!-- Mailchimp for WordPress v4.9.4 - https:\/\/wordpress.org\/plugins\/mailchimp-for-wp\/ --><\/p>\n<div class=\"mc4wp-form-fields\">\n<p>&#013;<br \/>\n\t<label>Email address: <\/label>&#013;<br \/>\n\t&#013;\n<\/p>\n<p>&#013;<br \/>\n&#013;<\/p>\n<p>&#013;<br \/>\n\t&#013;\n<\/p>\n<\/div>\n<p><label>Leave this field empty if you&#8217;re human: <\/label><\/p>\n<div class=\"mc4wp-response\" \/><!-- \/ Mailchimp for WordPress Plugin --><\/p>\n<p><b>Your support makes Marijuana Moment possible\u2026<\/b><\/p>\n<p><b>Your good deed for the day:<\/b><span style=\"font-weight: 400\"> 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><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\">Support our work at <\/span><a href=\"https:\/\/www.patreon.com\/marijuanamoment\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">https:\/\/www.patreon.com\/marijuanamoment<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><\/a><b>\/ TOP THINGS TO KNOW<\/b><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/www.marijuanamoment.net\/watch-live-u-s-senate-committee-holds-marijuana-banking-hearing\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">The U.S. Senate Banking Committee<\/span><\/a><span style=\"font-weight: 400\"> held a hearing on marijuana banking issues.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/www.marijuanamoment.net\/schumer-booker-and-wyden-renew-call-for-marijuana-expungements-to-be-added-to-banking-bill-following-committee-hearing\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Senate Majority Leader Chuck Schumer (D-NY) and Sens. Cory Booker (D-NJ) and Ron Wyden (D-OR)<\/span><\/a><span style=\"font-weight: 400\"> released a joint statement in the wake of the marijuana banking hearing\u2014reaffirming their commitment to adding cannabis expungements provisions to the SAFE Banking Act.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Schumer also spoke about \u201cgood, bipartisan progress\u201d on the bill in a floor speech.<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.marijuanamoment.net\/connecticut-house-approves-psilocybin-decriminalization-bill-sending-it-to-senate\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">The Connecticut House of Representatives<\/span><\/a><span style=\"font-weight: 400\"> passed a bill to decriminalize psilocybin.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/www.marijuanamoment.net\/new-hampshire-senate-rejects-house-passed-marijuana-legalization-bill\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">The New Hampshire Senate<\/span><\/a><span style=\"font-weight: 400\"> rejected a House-passed marijuana legalization bill.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/www.marijuanamoment.net\/top-wisconsin-senator-talks-marijuana-legalization-fight-amid-gop-opposition\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Wisconsin Senate Minority Leader Melissa Agard (D)<\/span><\/a><span style=\"font-weight: 400\"> spoke to Marijuana Moment about her frustrations with Republicans\u2019 refusal to advance\u00a0 marijuana reform as surrounding states enact legalization.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/www.marijuanamoment.net\/delaware-lawmaker-who-passed-marijuana-legalization-bills-offers-advice-to-legislators-in-other-states\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">The Delaware representative<\/span><\/a><span style=\"font-weight: 400\"> who sponsored marijuana legalization bills that passed this session discussed the challenges of enacting them over the wishes of a hostile governor and offered advice to fellow legislators seeking to advance reform in other states.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/www.marijuanamoment.net\/marijuana-banking-bill-is-improving-but-industry-still-needs-access-to-sba-programs-op-ed\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Minority Cannabis Business Association Board Member Tahir Johnson<\/span><\/a><span style=\"font-weight: 400\"> argues in a new Marijuana Moment op-ed that a cannabis banking bill has been improved with the inclusion of Community Development Financial Institutions\u2014but it can be even better with Small Business Administration provisions added in as well.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><b>\/ FEDERAL<\/b><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/harrisbricken.com\/cannalawblog\/ttab-denies-registration-of-bakked-trademarks\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">The Trademark Trial and Appeal Board<\/span><\/a><span style=\"font-weight: 400\"> upheld an examining attorney\u2019s refusal to register trademarks for cannabis paraphernalia.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/twitter.com\/SenJeffMerkley\/status\/1656377307014021120\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Sen. Jeff Merkley (D-OR)<\/span><\/a><span style=\"font-weight: 400\"> tweeted, \u201cThe bipartisan SAFE Banking Act of 2023 includes expanded equity provisions, including safe harbor for CDFIs and MDIs. I will also push to pair this bill with funding for states that will expunge cannabis records as part of the final passage. I\u2019m working to get this done.\u201d<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/twitter.com\/SenatorHick\/status\/1656742171104407555\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Sen. John Hickenlooper (D-CO)<\/span><\/a><span style=\"font-weight: 400\"> tweeted, \u201cGreat to see our Safe Banking Act get its first ever hearing in the Senate today! This bipartisan bill would finally allow legally-operating cannabis businesses to access banking services \u2013 and today\u2019s hearing is an important step in making that happen. Giddy up!\u201d<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/www.c-span.org\/video\/?527915-4\/house-session-part-3\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Rep. Kevin Kiley (R-CA)<\/span><\/a><span style=\"font-weight: 400\"> praised a local sheriff in a House floor <\/span><a href=\"https:\/\/www.congress.gov\/congressional-record\/volume-169\/issue-78\/house-section\/article\/H2155-5\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">speech<\/span><\/a><span style=\"font-weight: 400\"> for his efforts at eradicating illegal marijuana grows.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/twitter.com\/Rep_Peltola\/status\/1656358547771256840\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Rep. Mary Peltola (D-AK)<\/span><\/a><span style=\"font-weight: 400\"> tweeted, \u201cI\u2019m glad to join @lisamurkowski &amp; @SenDanSullivan in cosponsoring the SAFE Banking Act, which will help responsibly integrate the cannabis industry into our economy. This commonsense act will cut red tape and reduce safety risks to businesses.\u201d<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><b>\/ STATES<\/b><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\">The <\/span><a href=\"https:\/\/twitter.com\/txcannaco\/status\/1656681029543837698\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Texas<\/span><\/a><span style=\"font-weight: 400\"> House of Representatives considered and passed a bill to repeal the ban on manufacturing smokable hemp products.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\">A <\/span><a href=\"https:\/\/www.tampafp.com\/trulieve-pumps-8-florida-recreational-marijuana\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Florida<\/span><\/a><span style=\"font-weight: 400\"> marijuana legalization campaign received another $8 million contribution from Trulieve.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\">The head of an <\/span><a href=\"https:\/\/www.13abc.com\/2023\/05\/11\/live-efforts-legalize-recreational-marijuana-ohio\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Ohio<\/span><\/a><span style=\"font-weight: 400\"> marijuana campaign said he\u2019s \u201cconfident\u201d they will be able to collect enough signatures to place their legalization measure on the November ballot.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/nypost.com\/2023\/05\/11\/ny-turns-to-medical-shops-to-sell-pot-farmers-fume-at-slow-rollout\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">New York<\/span><\/a><span style=\"font-weight: 400\"> regulators approved revised adult-use marijuana rules to allow existing medical cannabis operators to enter the market, as well as approved a social and economic equity <\/span><a href=\"https:\/\/twitter.com\/nys_cannabis\/status\/1656707423002820608\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">plan<\/span><\/a><span style=\"font-weight: 400\">.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\">The <\/span><a href=\"https:\/\/news.delaware.gov\/2023\/05\/11\/dhr-policy-pr\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Delaware<\/span><\/a><span style=\"font-weight: 400\"> Department of Human Resources implemented a new marijuana policy for government employees in light of legalization.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/masscannabiscontrol.com\/2023\/05\/cannabis-control-commission-launches-first-ever-advanced-course-curricula-for-social-equity-program-participants\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Massachusetts<\/span><\/a><span style=\"font-weight: 400\"> regulators launched advanced marijuana social equity training courses and responsible vendor training <\/span><a href=\"https:\/\/masscannabiscontrol.com\/2023\/05\/cannabis-control-commission-launches-two-new-responsible-vendor-training-curricula\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">curricula<\/span><\/a><span style=\"font-weight: 400\">.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/content.govdelivery.com\/accounts\/WALCB\/bulletins\/359f370\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Washington State<\/span><\/a><span style=\"font-weight: 400\"> regulators sent an update about upcoming changes to the Cannabis Central Reporting System.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/www.media.pa.gov\/Pages\/Agriculture_details.aspx?newsid=1315\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Pennsylvania\u2019s<\/span><\/a><span style=\"font-weight: 400\"> government touted the Department of Agriculture\u2019s investment in the hemp industry in a press release about the state Senate confirming the agriculture secretary.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/content.govdelivery.com\/accounts\/IACIO\/bulletins\/359f308\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Iowa\u2019s<\/span><\/a><span style=\"font-weight: 400\"> Medical Cannabidiol Board will meet on Friday.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/aws.state.ak.us\/OnlinePublicNotices\/Notices\/View.aspx?id=211078\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Alaska\u2019s<\/span><\/a><span style=\"font-weight: 400\"> Advisory Task Force on Recreational Marijuana will meet on Monday.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/mailchi.mp\/8faf49b20751\/0515-retail-marijuana-public-health-advisory-committee-meeting\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Colorado\u2019s<\/span><\/a><span style=\"font-weight: 400\"> Retail Marijuana Public Health Advisory Committee will meet on Monday.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><strong>\u2014<br \/>\n<strong>Marijuana Moment is <a href=\"https:\/\/www.marijuanamoment.net\/bills\/\" target=\"_blank\" rel=\"noopener\">tracking more than 1,000 cannabis, psychedelics and drug policy bills<\/a> in state legislatures and Congress this year. <a href=\"https:\/\/www.patreon.com\/marijuanamoment\" target=\"_blank\" rel=\"noopener\">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><br \/>\n<a href=\"https:\/\/www.marijuanamoment.net\/bills\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" class=\"alignnone wp-image-9128 size-medium\" src=\"https:\/\/cannabiscultivatornews.com\/home\/wp-content\/uploads\/2023\/05\/MM_Bill_Tracker_V5_blank-84.jpg\" alt=\"\" width=\"300\" height=\"300\" \/><\/a><br \/>\n<strong>Learn more about our <a href=\"https:\/\/www.marijuanamoment.net\/bills\/\" target=\"_blank\" rel=\"noopener\">marijuana bill tracker<\/a> and become a <a href=\"https:\/\/www.patreon.com\/marijuanamoment\/\" target=\"_blank\" rel=\"noopener\">supporter on Patreon<\/a> to get access.<br \/>\n\u2014<\/strong><\/strong><\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><b>\/ INTERNATIONAL<\/b><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\">A <\/span><a href=\"https:\/\/www.cnbc.com\/2023\/05\/11\/germany-czechia-luxembourg-netherlands-push-to-legalize-cannabis.html\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">European Commission<\/span><\/a><span style=\"font-weight: 400\"> spokesperson said the body is \u201cfollowing closely\u201d member nation\u2019s moves to legalize marijuana.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/recalls-rappels.canada.ca\/en\/alert-recall\/accidental-ingestion-illegal-copycat-edible-cannabis-products-causing-serious-harm\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Canadian<\/span><\/a><span style=\"font-weight: 400\"> officials sent a warning about \u201ccopycat\u201d edible cannabis products that resemble major brands.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><b>\/ SCIENCE &amp; HEALTH<\/b><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\">A study concluded that \u201cCBD may be a more effective and safe choice for managing [behavioral and psychological symptoms of <\/span><a href=\"https:\/\/www.tandfonline.com\/doi\/abs\/10.1080\/07317115.2023.2209563\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">dementia<\/span><\/a><span style=\"font-weight: 400\">] than the typical intervention.\u201d<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><b>\/ ADVOCACY, OPINION &amp; ANALYSIS<\/b><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/headynj.com\/bar-association-holding-nj-cannabis-conference-law-summit\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">The Garden State Bar Association<\/span><\/a><span style=\"font-weight: 400\"> will host a cannabis summit on Tuesday.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\">A <\/span><a href=\"https:\/\/thehill.com\/opinion\/healthcare\/3997381-the-fda-should-crack-down-on-marijuana-misinformation-on-social-media\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">National Consumers League<\/span><\/a><span style=\"font-weight: 400\"> official authored an op-ed urging the Food and Drug Administration to crack down on \u201cmarijuana misinformation on social media.\u201d<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\">Prohibitionist organization <\/span><a href=\"https:\/\/learnaboutsam.org\/2023\/05\/large-coalition-of-parents-law-enforcement-policy-experts-urge-senators-to-reject-addiction-banking-act\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Smart Approaches to Marijuana, National Narcotic Officers\u2019 Associations\u2019 Coalition, NAACP Illinois State Conference, Drug Free America Foundation<\/span><\/a><span style=\"font-weight: 400\"> and other groups sent a letter urging Senate Banking Committee leaders to reject a marijuana banking bill.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><b>\/ BUSINESS<\/b><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/www.newswire.ca\/news-releases\/terrascend-reports-record-first-quarter-2023-revenue-803101641.html\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">TerrAscend Corp.<\/span><\/a><span style=\"font-weight: 400\"> reported quarterly net revenue of $69.4 million and a net loss of $22.8 million.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/www.prnewswire.com\/news-releases\/schwazze-announces-first-quarter-2023-financial-results-301821090.html\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Schwazze<\/span><\/a><span style=\"font-weight: 400\"> reported quarterly revenue of $40 million and a net loss of $1.7 million.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230511005303\/en\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Leafly Holdings, Inc.<\/span><\/a><span style=\"font-weight: 400\"> reported quarterly revenue of $11.2 million and a net loss of $5.4 million.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/www.globenewswire.com\/news-release\/2023\/05\/11\/2666498\/0\/en\/atai-Life-Sciences-Reports-First-Quarter-2023-Financial-Results-and-Announces-Pipeline-Highlights-and-Updates.html\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">atai Life Sciences<\/span><\/a><span style=\"font-weight: 400\"> reported a quarterly net loss of $34.4 million.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/www.globenewswire.com\/news-release\/2023\/05\/11\/2666502\/0\/en\/COMPASS-Pathways-Announces-First-Quarter-2023-Financial-Results-and-Business-Highlights.html\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">COMPASS Pathways plc<\/span><\/a><span style=\"font-weight: 400\"> reported a quarterly net loss of $24.2 million.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230510005993\/en\/HEXO-Corp.-Announces-Receipt-of-Interim-Order-in-Respect-of-Arrangement-With-Tilray-Brands-Inc.\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">HEXO Corp.<\/span><\/a><span style=\"font-weight: 400\"> obtained an interim order from the Ontario Superior Court providing for a special meeting for shareholders to consider its proposed acquisition by Tilray Brands, Inc.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/www.newcannabisventures.com\/michigan-cannabis-sales-slip-in-april\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Michigan<\/span><\/a><span style=\"font-weight: 400\"> retailers sold $246.1 million worth of legal marijuana products in April.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><a href=\"https:\/\/sbg.colorado.gov\/sites\/sbg\/files\/documents\/230510_April_2023_and_March_2023_Marijuana_Tax_Revenue_and_Sales_Press_Release.pdf\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Colorado<\/span><\/a><span style=\"font-weight: 400\"> retailers sold $139.6 million worth of legal marijuana products in March.<\/span><\/p>\n<p><strong>Make sure to\u00a0<a href=\"https:\/\/www.marijuanamoment.net\/newsletter\/\" target=\"_blank\" rel=\"nofollow noopener\">subscribe<\/a> to get 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