May 29 2023

Illinois Legislature Approves Bill Allowing Marijuana Businesses to Take State Tax Deductions

Legislation that would allow marijuana businesses that are legal under state law to take standard state-level tax deductions has been passed by the full Illinois Legislature.

House Bill 3817 was filed by State Representative Jehan Gordon-Booth along with 19 cosponsors, all Democrat. The measure will now to sent to Governor J. B. Pritzker for consideration after passing the Senate 36 to 20, and passing the House 73 to 38.

The legislation, which covers a variety of topics, includes a provision that would alter the state’s existing tax code to allow marijuana businesses to take deductions for “an amount equal to the deductions that were disallowed under Section 280E of the Internal Revenue Code for the taxable year”.
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May 27 2023

Michigan: Over $1 Billion in Legal Marijuana Sold So Far in 2023

Legal marijuana sales in Michigan have surpassed $1 billion in 2023 alone, according to data released by the Cannabis Regulatory Agency.

Michigan sold $909 million worth of legal marijuana and marijuana products between January and April of this year. Although data for May won’t be released until sometime in June, a spokesperson for the Agency tells us that the state passed $100 million sold in May earlier this month, meaning the year-to-date total is now over $1 billion.

March is the top month so far this year with $249.6 million sold, followed by April with $246 million sold. Data for January and February is almost identical with $207 million and $206 million sold respectively. The vast majority of these sales were for recreational marijuana, with medical marijuana sales each month ranging from $7.8 million to $10.1 million
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May 27 2023

Minnesota Governor to Sign Marijuana Legalization Bill on Tuesday

Minnesota Governor Tim Walz plans to sign into law a bill that will legalize recreational marijuana early next week.

According to the governor’s office he plans to sign HF 100 on Tuesday, May 30 as part of a “large ceremony” that will celebrate the state becoming the 23rd to legalize marijuana. A spokesperson for the governor tells us there’s a small chance the ceremony could get delayed to Wednesday, but it will happen next week “no matter what”.

Once signed into law HF 100 will take effect on August 1, allowing those 21 and older to possess up to two ounces of marijuana, eight grams of marijuana concentrates and 800mg of marijuana edibles. They will also be allowed to grow up to eight plants at a private residence.
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May 25 2023

New York Senate Committee Passes Legislation to Legalize Safe Drug Consumption Sites

A key committee in the New York Senate has given approval to legislation that would legalize safe drug consumption sites, sometimes referred to as overdose prevention centers and safe injection sites.

(Photo credit: Eric Risberg / AP file)

The Senate Health Committee passed Senate Bill S399A this week in a voice vote, exactly four months after it was assigned to the committee. The measure, filed by Senator Gustavo Rivera, requires the Department of Health to authorize at least one safe drug consumption site. The site/s would provide a safe location for consumers to use drugs such as heroin, with medical personnel on site to prevent overdoses as well as make referrals for treatment.

“Harm reduction works”, says Senator Rivera. “Harm reduction is a modality, a way to approach dealing with an issue which assumes, first, that a person who uses drugs is a person, and that they have to be met where they are. Fact number two, criminalization has not worked.”
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May 25 2023

Montana Governor Signs Marijuana Measures Into Law

Montana Governor Greg Gianforte has signed into law a pair of marijuana-related bills.

Governor Gianforte signed House Bill 128, extending the state’s current moratorium on licenses for new marijuana businesses until July 1, 2025. The measure also gives tribal nations the same privileges as other cannabis businesses, with all eight tribal nations in the state guaranteed marijuana permits.

Governor Gianforte also signed into law House Bill 903. The measure requires that holders of multiple licenses pay higher fees. Specifically, an initial license now costs $5,000 with each additional permit costing an additional $5,000. The legislation also allows the 16 businesses that currently are only allowed to sell medical marijuana to also start selling recreational marijuana.
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May 25 2023

North Carolina Medical Marijuana Bill Scheduled for Committee Hearing on May 30

After being reassigned to the House Health Committee, a North Carolina bill to legalize medical marijuana has been scheduled for a pubic hearing on Tuesday, May 30 at 10 am.

Senate Bill 3, the “Compassionate Care Act”, was approved by the Senate in March,  36 to 10. The measure was quickly assigned to the House Rules, Calendar, and Operations Committee, where it had remained since March 6 before being reassigned to the House Health Committee last week. Now, the committee has scheduled a hearing on the bill, to take place Tuesday morning.

Under SB 3 those with a “debilitating medical condition” such as cancer, epilepsy, multiple sclerosis and post-traumatic stress disorder would be allowed to possess and consume medical marijuana and marijuana products if they receive a recommendation from a licensed physician.
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May 25 2023

Maine Bill to Remove All Marijuana Crimes and Expunge All Marijuana Convictions Advances

Maine legislation filed by Senator Joseph Baldacci would “remove all marijuana-related provisions from the Maine criminal code and expunge all convictions involving marijuana”.

Senate Bill 1789 was filed last month and quickly assigned to the Senate Judiciary Committee and the House Judiciary Committee. The measure has now been reported out of the Senate Judiciary Committee and assigned to the Senate Criminal Justice and Public Safety Committee.

SB 1789 would give Maine the most progressive marijuana law in the country and potentially world by removing all possession limits for possessing, purchasing, growing and selling marijuana. Currently those 21 and older are allowed to possess up to 2.5 ounces of marijuana and grow up to six plants.
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May 25 2023

Triple-Bind, Placebo Controlled Study Finds CBD Lowers Blood Pressure in Patients with Hypertension

According to a new clinical trial “chronic administration of CBD reduces ambulatory blood pressure in those with untreated and treated hypertension”.

The study was published in the recent issue of the peer-reviewed journal Cannabis and Cannabinoid Research, and it was published online ahead of print by the US National Library of Medicine.

“Recent data indicate that cannabidiol (CBD), a nonintoxicating constituent of cannabis, is involved in several aspects of cardiovascular regulation, including blood pressure (BP)”, begins the study’s abstract.
“However, the impact of chronic CBD administration on 24-h BP and vascular health has not been previously examined in patients with hypertension.”
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May 25 2023

Nevada Legislature Approves Resolution Urging Federal Government to Deschedule Marijuana

A Nevada resolution that urges the federal government to deschedule marijuana was passed yesterday by the full Senate, having already passed the Assembly.

Filed by State Representative Reuben D’Silva, Assembly Joint Resolution 8 is cosponsored by a bipartisan coalition of 35 other lawmakers. The resolution states that “the members of the 82nd Session of the Nevada Legislature hereby urge Congress to support legislation to remove cannabis from schedule I of the Controlled Substances Act.”

Furthermore the resolution mandates that the “Chief Clerk of the Assembly prepare and transmit a copy of this resolution to the Vice President of the United States as the presiding officer of the United States Senate, the Speaker of the United States House of Representatives and each member of the Nevada Congressional Delegation”.
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May 25 2023

Minnesota Governor Signs Bills to Allow Drug Consumption Sites, Create Psychedelics Task Force

Minnesota Governor Tim Walz has signed into law legislation that will fund the creation of safe drug consumption sites and will establish a psychedelics task force to study a pathway to legalization.

(Photo credit: Sound Publishing)

The proposals allowing for safe drug consumption sites (also referred to as “overdose prevention centers”) and creating a psychedelic task force were passed by the legislature as part of larger omnibus bills that cover a variety of topics related to health and human services. The governor also signed a harm reduction bill that legalizes the possession of drug paraphernalia.

The Psychedelic Medicine Task Force, consisting of 23 members, will be tasked with advising lawmakers on “the legal, medical, and policy issues associated with the legalization of psychedelic medicine in the state.” The task force will focus on psilocybin, MDMA and LSD, and is being funded with a two-year appropriation of around half a million dollars.
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