{"id":74183,"date":"2024-04-15T02:12:35","date_gmt":"2024-04-15T10:12:35","guid":{"rendered":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2024\/04\/15\/doj-investigating-cannabis-companies-over-covid-loans-newsletter-april-15-2024\/"},"modified":"2024-04-15T12:46:03","modified_gmt":"2024-04-15T20:46:03","slug":"doj-investigating-cannabis-companies-over-covid-loans-newsletter-april-15-2024","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2024\/04\/15\/doj-investigating-cannabis-companies-over-covid-loans-newsletter-april-15-2024\/","title":{"rendered":"DOJ investigating cannabis companies over COVID loans (Newsletter: April 15, 2024)"},"content":{"rendered":"

<\/p>\n

Biden & Harris talk marijuana; SAFER Banking negotiations; NH legalization; NE hemp tax; FL cannabis campaign funding; VT safe drug consumption site<\/em><\/p>\n

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

Before you dig into today\u2019s cannabis news,<\/b> I wanted you to know you can keep this resource free and published daily by subscribing to Marijuana Moment on Patreon. We\u2019re a small independent publication diving deep into the cannabis world and rely on readers like you to keep going. <\/span>
\n<\/span>
\n<\/span>Join us at <\/span>https:\/\/www.patreon.com\/marijuanamoment<\/span>
\n<\/span>
\n<\/span><\/a>\/ TOP THINGS TO KNOW<\/b>
\n<\/span>
\n<\/span>The Justice Department is investigating marijuana-related businesses that allegedly received COVID relief loans in violation of federal rules<\/span><\/a>, with third-party actors leveraging a whistleblower policy that allows them to take a portion of settlement money for successful cases.<\/span>
\n<\/span>
\n<\/span>President Joe Biden, Vice President Kamala Harris and top Justice Department officials all separately touted the administration\u2019s marijuana pardons<\/span><\/a> to commemorate Second Chance Month on Friday.<\/span>
\n<\/span>
\n<\/span>Senate Majority Leader Chuck Schumer (D-NY) and leaders of the House Financial Services Committee are in talks about merging marijuana banking legislation<\/span><\/a> with a proposal to regulate stablecoins.<\/span>
\n<\/span>
\n<\/span>New Hampshire Gov. Chris Sununu\u2019s (R) office says a marijuana legalization bill approved by the House of Representatives<\/span><\/a> \u201cdoesn\u2019t get us there\u201d to earn his support, but he wants to work with senators to make changes and \u201csee if we can get it done.\u201d<\/span>
\n<\/span>
\n<\/span>The Nebraska legislature approved an amendment to reduce a proposed 100 percent tax rate on consumable hemp and CBD products<\/span><\/a> down to 25 percent.<\/span>
\n<\/span>
\n<\/span>New Florida Division of Elections campaign finance reports show how much various cannabis companies have contributed<\/span><\/a> to the campaign to pass a marijuana legalization initiative on the state\u2019s November ballot.<\/span>
\n<\/span>
\n<\/span>The Michigan Cannabis Regulatory Agency reported that retailers sold $288.8 million worth of legal marijuana products<\/span><\/a> in March\u2014a new monthly record.<\/span>
\n<\/span>
\n<\/span>The Vermont Senate Health and Welfare Committee is considering an amendment to a House-passed bill to legalize and fund safe consumption sites for illegal drugs<\/span><\/a> that would scale the pilot program back to just a single facility.<\/span>
\n<\/span>
\n<\/span>A Kansas legislature conference committee on agriculture issues heard a presentation from law enforcement representatives<\/span><\/a> who want to subject farmers who grow hemp with too much THC to criminal penalties and prison sentences.<\/span>
\n<\/span>
\n<\/span>\/ FEDERAL<\/b>
\n<\/span>
\n<\/span>Sen. Cory Booker (D-IL)<\/span><\/a> tweeted, \u201cOur cannabis policy has lagged behind science and the states for too long, I am proud to move forward on introducing this bill to create just and modern cannabis policy.\u201d<\/span>
\n<\/span>
\n<\/span>Rep. Lou Correa (D-CA)<\/span><\/a> criticized federal officials for seizing marijuana products from state-licensed businesses.<\/span>
\n<\/span>
\n<\/span>Rep. Troy Carter (D-LA)<\/span><\/a> tweeted, \u201cI hosted my 3rd annual #CrawfishAndCannabis Reform event to discuss the urgent need for cannabis reform in the U.S. and equity in the industry. I also honored @RepBarbaraLee and @repblumenauer for their leadership in this space.\u00a0 It was an important conversation with great food!\u201d<\/span>
\n<\/span>
\n<\/span>\/ STATES<\/b>
\n<\/span>
\n<\/span>New York<\/span><\/a> Gov. Katy Hochul (D) touted the fact that regulators have now issued more than 400 recreational marijuana business licenses.<\/span>
\n<\/span>
\n<\/span>North Carolina<\/span><\/a> lawmakers discussed the prospects for legalizing marijuana.<\/span>
\n<\/span>
\n<\/span>Illinois<\/span><\/a> lawmakers are pushing for a ban on intoxicating hemp products.<\/span>
\n<\/span>
\n<\/span>The <\/span>Arkansas<\/span><\/a> Supreme Court ruled in favor of a medical cannabis company in a licensing dispute.<\/span>
\n<\/span>
\n<\/span>Delaware\u2019s<\/span><\/a> top marijuana regulator spoke about steps toward launching the recreational market.<\/span>
\n<\/span>
\n<\/span>Minnesota<\/span><\/a> regulators are concerned that launch of legal recreational marijuana sales could be delayed if cultivation doesn\u2019t begin soon.<\/span>
\n<\/span>
\n<\/span>Connecticut<\/span><\/a> regulators are advising medical cannabis patients to stock up on marijuana ahead of an expected surge in sales for 4\/20.<\/span>
\n<\/span>
\n<\/span>Missouri<\/span><\/a> regulators will begin accepting applications for a second round of marijuana microbusiness licenses on Monday.<\/span>
\n<\/span>
\n<\/span>Michigan<\/span><\/a> regulators published a report on disciplinary actions against marijuana businesses.<\/span>
\n<\/span>
\n<\/span>The <\/span>Kansas<\/span><\/a> Department of Transportation sent a warning about marijuana-impaired driving ahead of 4\/20.<\/span>
\n<\/span>
\n<\/span>The <\/span>Colorado<\/span><\/a> Retail Marijuana Public Health Advisory Committee will meet on Monday.<\/span>
\n<\/span>
\n\u2014
\nMarijuana Moment is tracking more than 1,400 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>The <\/span>Dover, Delaware<\/span><\/a> City Council\u2019s Legislative, Finance and Administrative Committee held a hearing on proposals to restrict marijuana businesses.<\/span>
\n<\/span>
\n<\/span>The <\/span>Denver, Colorado<\/span><\/a> Natural Medicine Work Group\u00a0 will meet on April 25.<\/span>
\n<\/span>
\n<\/span>\/ INTERNATIONAL<\/b>
\n<\/span>
\n<\/span>Moroccan<\/span><\/a> officials unveiled a new logo for legal cannabis products.<\/span>
\n<\/span>
\n<\/span>\/ SCIENCE & HEALTH<\/b>
\n<\/span>
\n<\/span>A study found that \u201ccannabis use [is] associated with lower mortality among hospitalized <\/span>Covid-19<\/span><\/a> patients.\u201d<\/span>
\n<\/span>
\n<\/span>A case study discusses a woman who \u201cdeveloped <\/span>Long-COVID<\/span><\/a> symptoms after contracting COVID-19 and her experience managing her symptoms and using psychedelics as a treatment.\u201d<\/span>
\n<\/span>
\n<\/span>\/ ADVOCACY, OPINION & ANALYSIS<\/b>
\n<\/span>
\n<\/span>The Star Tribune editorial board<\/span><\/a> is calling on Minnesota lawmakers to continue making improvements to the state\u2019s marijuana laws.<\/span>
\n<\/span>
\n<\/span>\/ BUSINESS<\/b>
\n<\/span>
\n<\/span>Vangst<\/span><\/a> acquired CannabizTemp.<\/span>
\n<\/span>
\n<\/span>Numinus Wellness Inc.<\/span><\/a> reported quarterly revenue of C$5 million.<\/span>
\n<\/span>
\n<\/span>European police made arrests in the <\/span>JuicyFields<\/span><\/a> marijuana investments fraud case.<\/span>
\n<\/span>
\n<\/span>High Tide Inc.\u2019s<\/span><\/a> chief financial officer is transitioning out of the role.<\/span>
\n<\/span>
\n<\/span>\/ CULTURE<\/b>
\n<\/span>
\n<\/span>Family Feud<\/span><\/a> featured a question about what to do if your kids find your marijuana stash.<\/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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