May 02 2024
In the United States House of Representatives, the SAFE Banking Act to allow marijuana banking has just gained its 117th sponsor. Representative Gabe Vasquez (D-NM) has signed on as a cosponsor to the SAFE Banking Act, giving it is 107th sponsors since the measure was filed in September by a group of 10. A Senate …
May 01 2024
Marijuana’s reclassification to Schedule III represents the most significant shift in federal marijuana policy since the Controlled Substances Act was enacted in 1970. Here’s an overview of the far-reaching implications of this landmark change. In a groundbreaking move, the Drug Enforcement Administration (DEA) recently announced the rescheduling of marijuana from a Schedule I to a …
May 01 2024
In April, monthly marijuana sales in New Mexico once again surpassed $50 million. According to the latest data from the New Mexico Regulation & Licensing Department, the state saw $51,107,738.68 in legal marijuana sales during April, spread across 1,162,438 transactions. This sum, which falls roughly $1.4 million short of the record-breaking amount sold last month, …
May 01 2024
Workers at Sunnyside, a medical marijuana dispensary in Chicago, have voted overwhelmingly to join Teamsters Local 777. The dispensary in the River North neighborhood of Chicago is the sixth location to organize with Local 777. In the fall, Local 777 secured strong first contracts for the five other organized locations in Elmwood Park, South Beloit, Schaumburg, Rockford, and Buffalo …
May 01 2024
The full text of the Cannabis Administration and Opportunity Act (CAOA) has been released. Senate Majority Leader Chuck Schumer, along with 17 cosponsors, formally introduced the CAOA today. The measure proposes to remove marijuana from the list of controlled substances, allow expungement of past offenses, and establish federal tax and regulations for legal marijuana sales. …
May 01 2024
The DEA has recommended rescheduling marijuana to Schedule III; here’s an overview of the procedural steps that must occur before this change can officially take effect. In a significant policy shift, the U.S. Drug Enforcement Administration (DEA) has announced its recommendation to reschedule marijuana to Schedule III of the Controlled Substances Act (CSA). This recommendation, …
May 01 2024
The National Organization for the Reform of Marijuana Laws (NORML), the oldest pro-marijuana reform group in the world (est 1970), has praised the DEA’s decision to reschedule marijuana, while promising to continue fighting for full legalization. “Yesterday, the Department of Justice affirmed that the DEA has concurred with an HHS recommendation to move cannabis from …
May 01 2024
A coalition of 18 United States senators have filed legislation to deschedule and legalize marijuana. Today, led by Senate Majority Leader Chuck Schumer, the Cannabis Administration and Opportunity Act (CAOA) was filed by Senators Jeff Merkley (D-OR), Kirsten Gillibrand (D-NY), Michael Bennet (D-CO), Gary Peters (D-MI), Patty Murray (D-WA), Tina Smith (D-MN), Elizabeth Warren (D-MA), …
Apr 30 2024
The results of a new study using an animal model “demonstrate that psilocybin elicits robust, rapid and sustained antidepressant-like effects”. The study was published in the recent issue of the Journal of Psychopharmacology, and it was conducted by researchers at the Beijing Institute of Pharmacology and Toxicology, the Inner Mongolia Traditional Chinese and Mongolian Medical …
Apr 30 2024
The DEA’s decision to move marijuana to Schedule III has garnered widespread and bipartisan praise among congressional lawmakers, with some promising to continue fighting for marijuana to be fully descheduled. “After decades of the federal government being dug in on prohibition, moving cannabis to Schedule III would be a huge shift in policy and signal …
