Sep 20 2023
A bipartisan group of senators have introduced the SAFER Banking Act, an update on the SAFE Banking Act. The Secure and Fair Enforcement Regulation (SAFER) Banking Act was introduced on Wednesday. Co-sponsors of the bill include Senate Majority Leader Chuck Schumer, D-N.Y., and Sens. Jeff Merkley, D-Ore., Steve Daines, R-Mont., Kyrsten Sinema, I-Ariz., and Cynthia …
Sep 20 2023
US Representatives Robert Garcia (D-CA) and Earl Blumenauer (D-OR) have filed the Validating Independence for State Initiatives on Organic Natural Substances (VISIONS) Act to protect state psilocybin laws. The new bill would make it so that federal funds would be prohibited from being used to “prevent any State or unit of local government from implementing …
Sep 19 2023
On November 7th of this year voters in Ohio will have the opportunity to make their state the 24th with legal recreational marijuana. In a little over a month and a half voters in Ohio will decide the fate of Issue 2, which would legalize the personal possession of up to 2.5 ounces of marijuana …
Sep 17 2023
Legislation that would legalize Amsterdam-style marijuana cafes in California was officially presented to Governor Gavin Newsom on September 15. Governor Newsom has until October to decide the fate of Assembly Bill 374, which would legalize marijuana cafes where cannabis can be purchased and consumed, as could infused and non-infused food and drinks. Governor Newsom has …
Sep 16 2023
In Michigan, August marijuana sales fell barely short of July’s record-breaking numbers despite prices dropping. In total there was $276,262,397.68 worth of legal marijuana sold in August, less than half a million dollars short of the $276,746,264.07 sold in July (the current monthly record). This is according to a report just released by the Michigan …
Sep 15 2023
On September 27 the Senate Banking Committee will vote on legislation that would allow banks to provide services to marijuana businesses that are legal under their state’s law. The SAFE Banking Act has received bipartisan support and has been listed as a top priority for Senate Majority Leader Chuck Schumer. After months of negotiations the …
Sep 14 2023
Marijuana extracts are associated with health-related quality of life improvements in patients suffering from chronic conditions such as pain, fatigue and anxiety, according to a study published in the journal PLOS One. For the study researchers examined the efficacy of marijuana extracts in a cohort of over 2,300 patients (aged 18 to 97) who are authorized …
Sep 14 2023
According to a new study, “the ability of CBD to inhibit prostate cancer cell proliferation and invasiveness suggests that CBD may have potential as a future chemotherapeutic agent.” Conducted by researchers at the University College Dublin, the study is being published in the newest issue of the Journal of Natural Products, with it published online …
Sep 14 2023
A report released Wednesday by the Congressional Research Service (CRS) states that it’s “likely” the DEA will reschedule marijuana to reschedule III, which will have “broad implications for federal policy”. Recently the Department of Health sent a letter to the Drug Enforcement Agency (DEA) officially requesting marijuana be reclassified as a Schedule III drug under …
Sep 14 2023
With an overhwleming majority the California Assembly passed Senate Bill 700, which has already been passed through the Senate. The Assembly voted yesterday 59 to 8 to pass Senate Bill 700. The measure has already been approved by the Senate, but will need to go back for one final vote of concurrence before it can …
