GOP congressman circulates new hemp bill; DE gov signs cannabis beverage legislation; Marijuana businesses want NY gov to veto labor bill
Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day.
Your support makes Marijuana Moment possible…
Before you dig into today’s cannabis news, I wanted you to know you can keep this resource free and published daily by subscribing to Marijuana Moment on Patreon. We’re a small independent publication diving deep into the cannabis world and rely on readers like you to keep going.
Join us at https://www.patreon.com/marijuanamoment
/ TOP THINGS TO KNOW
Former Attorney General William Barr argues in a new op-ed co-authored with Smart Approaches to Marijuana’s CEO that “there is no credible evidence that marijuana is effective treatment for any medical condition” and that cannabis “poses horrific health risks.”
- “Rescheduling marijuana would create the false impression that it is safe, would reduce penalties for peddling the drug illegally and would give those who purvey it legally a huge tax windfall.”
Rep. James Comer (R-KY) is circulating another new draft bill to keep hemp THC products federally legal and institute some regulations—including packaging requirements, testing rules and age limits.
Delaware Gov. Matt Meyer (D) signed a bill to regulate and tax hemp-derived THC beverages—including with an age limit and subjecting the products to state packaging, labeling, advertising and testing rules.
The Cannabis Association of New York is pressing Gov. Kathy Hochul (D) to veto legislation that would create a new Cannabis Wage Board charged with recommending minimum hourly wages for marijuana industry workers.
/ FEDERAL
The Drug Enforcement Administration posted updated “Drug Fact Cards.”
The Senate marijuana banking bill got four new cosponsors for a total of seven.
/ STATES
Kentucky regulators published guidance about renewing medical cannabis cards.
The California Governor’s Office of Business and Economic Development will begin accepting applications for the cannabis revenue-funded Community Reinvestment Grants program on August 3.
Michigan regulators established a new item category for dual chamber vape carts in the state’s marijuana tracking system.
Minnesota regulators sent a newsletter with updates about various cannabis issues.
The U.S. Virgin Islands Cannabis Advisory Board will meet on Thursday.
Utah regulators will begin accepting applications for an additional independent medical cannabis pharmacy license on Monday.
—
Marijuana Moment is tracking hundreds of cannabis, psychedelics and drug policy bills in state legislatures and Congress this year. Patreon supporters pledging at least $25/month get access to our interactive maps, charts and hearing calendar so they don’t miss any developments.
Learn more about our marijuana bill tracker and become a supporter on Patreon to get access.
—
/ LOCAL
Charlotte, North Carolina police are facing a federal lawsuit from a man who claims he was unlawfully arrested while smoking legal hemp.
/ INTERNATIONAL
Canada’s Office of the Parliamentary Budget Officer clarified the government’s estimate of cost savings from reforms to medical cannabis compensation policies for military veterans.
/ SCIENCE & HEALTH
A study found that “the legalization of cannabis did not appear to increase the number of cannabis-related hospitalizations among children and youth in Manitoba” Canada.
A review concluded that MDMA-assisted psychotherapy “may have applicability beyond PTSD, with potential benefits for [complex] PTSD” and borderline personality disorder.
/ ADVOCACY, OPINION & ANALYSIS
The National Craft Cannabis Coalition is surveying marijuana businesses about their experiences registering with the Drug Enforcement Administration under rescheduling.
An American Enterprise Institute senior fellow authored an op-ed criticizing New York’s marijuana legalization law.
/ BUSINESS
FLUENT Corp. shareholders approved the company’s acquisition by Vireo Growth Inc.
Tilray Brands, Inc. reported quarterly net revenue of $281.7 million and a net loss of $37.9 million.
SNDL Inc. reported quarterly net revenue of C$235.8 million and a net loss of C$7.8 million.
Jushi Holdings Inc. reported quarterly revenue of $71.3 million and a net loss of $7.3 million.
Auxly Cannabis Group Inc. shares began trading following a 14:1 consolidation.
/ CULTURE
A cannabis-themed Jay and Silent Bob video game is being developed.
Make sure to subscribe to get Marijuana Moment’s daily dispatch in your inbox.
Marijuana Moment is made possible with support from readers. If you rely on our cannabis advocacy journalism to stay informed, please consider a monthly Patreon pledge.
