Dec 20 2023
According to the Connecticut Department of Consumer Protection, marijuana sales can continue unabated on both Christmas and New Year’s Day.
The Department says that not only can marijuana stores retain normal hours during the two federal holidays, but they can actually stay open an extra hour on New Year’s Eve, until 3am.
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Dec 20 2023
The SAFER Banking Act is sponsored by 34% of the entire US Senate, while also having the support of the National Conference of State Legislatures (NCSL), as well as a bipartisan group of 22 attorneys general. The legislation, which recently passed the Senate Committee on Banking, Housing and Urban Affairs, would explicitly allow banks and other financial institutions such as credit unions to provide services to marijuana businesses that are legal under their state’s law.
Senate side Majority Leader Chuck Schumer vowed in September that the measure would be voted on by the full Senate “very soon”. He reiterated last month that the Senate is “getting close” to a vote.
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Dec 20 2023
“This study aimed to assess efficacy and usability of Cannabidiol (CBD) infused tampons for the relief of primary dysmenorrhea, a condition affecting 50–95% assigned female at birth”, states the study, published in the Journal of Endometriosis and Uterine Disorders.
“While primary dysmenorrhea affects a significant percentage of females, there remains a notable absence of specialized medications or devices to alleviate the intense pain that hinders daily activities. We have developed a CBD-infused tampon, lubricated for comfort and ease, recognising the potential benefits of cannabinoids in pain management.”
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Dec 19 2023
The briefing by NIDA Director Nora Volkow came a little over three months after companion bills that would regulate kratom nationwide while restricting government agencies from prohibiting it were filed in both the US Senate and House of Representatives.
“So what do we know [about kratom]?”, asked Volkow early in her speech. “We do know that kratom is a plant similar to the coffee plant. It is a traditional medicine used for centuries in South East Asia”.
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Dec 19 2023
In total licensed marijuana retail outlets made $25,169,783 in tax revenue from the legal distribution of marijuana in November, based on data released by the Arizona Department of Revenue. Tax revenue comes from the sale of dried marijuana flower and prerolls, as well as marijuana concentrates, edibles, tinctures and topicals.
Marijuana tax revenue was down from October, albeit only slightly ($239k). Although marijuana tax revenue has only reached $25 million four times since the start of recreational marijuana sales, November was the second straight month this number was reached.
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Dec 19 2023
(Photo credit: Jack Dempsey/NCAA Photos via Getty Images).
Titled The Effects of Marijuana Legalization on NCAA Men’s Basketball Recruiting, the study was published in the recent issue of the Journal of Sports Economics and conducted by researchers at Georgia College & State University and Kennesaw State University.
“Over the past two decades, attitudes toward marijuana usage have softened”, states the study. “This shift in sentiment coincided with reduced punishments, decriminalization, and in some states, legalization. We find evidence of unexpected consequences of marijuana legalization.”
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Dec 19 2023
Senator Ana Maria Rodriguez (R) filed Senate Bill 974 on Friday. The measure is seen as at least a partial remedy to Internal Revenue Service (IRS) code 280E, which prevents any business that distributes a federally illegal product from taking standard tax deductions, even if the business is legal under their state’s law.
Specifically, the measure would allow medical marijuana businesses to take tax deductions in an amount “equal to an expenditure that is eligible to be claimed as a federal income tax deduction but is disallowed because marijuana is a controlled substance under federal law”.
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Dec 18 2023
The studies will be conducted at Colorado State University (CSU) and the University of Colorado (UC), with funding coming from the state’s Colorado Marijuana Tax Cash Fund. The ICR first opened in 2015, and has since conducted 40 completed studies.
According to Westword, who first reported on the new grants, the studies will cover a variety of topics, ranging from CBD and THC’s impact on children with autism spectrum disorder to an examination of interactions between cannabis and gut microbiota.
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Dec 18 2023
The STATES Act was filed State Representative Dave Joyce (R) earlier this month, with Representatives Lori Chavez-DeRemer (R), Brian Mast (R), Troy Carter (D) and Earl Blumenauer (D) serving as cosponsors. On Friday, Representative Luis Correa (D-CA) joined the list, giving the measure six total sponsors at the time of publication.
The STATES Act would explicitly allow states to legalize marijuana without fear of federal persecution, while protecting those that already have. It would entirely prevent the federal government from enforcing federal drug laws in states where they’ve been legalized.
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Dec 18 2023
Psilocybin (“magic”) mushrooms.
Prefiled by State Representative Kevin Verville (R) for the upcoming legislative session that begins in January, House Bill 1693 has been referred to the Health, Human Services and Elderly Affairs Committee. The full text of the measure can be found by clicking here.
This bill requires the Department of Health and Human Services to create and administer a new program regulating the use of psychedelics for therapeutic purposes. The bill models the proposed statute after the state’s law that established the use of cannabis for therapeutic purposes.
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