FBI data: Marijuana arrests drive the drug war; MD gov’t psychedelics report; NE AG: cannabis a “poison”; SD committee’s medical marijuana & hemp recs
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/ TOP THINGS TO KNOW
The Consumer Brands Association—which represents major consumer packaged goods and retail companies—sent a letter urging Congress to recriminalize intoxicating hemp products.
A coalition of beer, wine and spirits wholesalers sent a letter urging congressional leaders not to recriminalize intoxicating hemp consumables as “demand for alcohol has shifted downwards in recent years”—saying lawmakers should instead “effectively regulate and tax these products like alcohol.”
Nebraska Attorney General Mike Hilgers (R) warned people thinking about buying marijuana under a Native American tribe’s new plan that they do so “at their own peril”—calling cannabis a “poison” that causes psychosis and crime.
The Maryland Task Force on Responsible Use of Natural Psychedelic Substances published a report recommending a “phased implementation” of legalization, with “complementary elements from medical/therapeutic use and supervised adult use, to deprioritization, and to commercial sales”—starting with psilocybin.
A new NORML analysis of FBI data shows that “marijuana-related prosecutions remain the primary driver of drug war enforcement in those states where cannabis remains criminalized”—with marijuana arrests accounting for nearly half of all drug busts in more than a dozen states last year.
The South Dakota legislature’s Medical Marijuana Oversight Committee adopted motions recommending tighter regulations on medical cannabis and intoxicating hemp products.
/ FEDERAL
The U.S. Sentencing Commission published an updated sentencing guidelines manual.
/ STATES
Nebraska’s attorney general is suing a Swiss national and other entities for allegedly illegally contributing foreign funds to committees for ballot initiatives, including medical cannabis legalization measures.
An Ohio representative claimed that marijuana policy reform groups are “doing more harm to that which they claim to be advocating for” by criticizing a pending bill to amend the state’s voter-approved legalization law.
A new Oklahoma law bans drivers and passengers from smoking or consuming marijuana in vehicles.
U.S. Virgin Islands regulators are accepting cannabis manufacturing license applications.
Minnesota regulators are accepting hemp cultivation and processing license applications.
Rhode Island regulators launched an education campaign to promote lower-risk cannabis practices.
The New York Cannabis Control Board will meet on Thursday.
The California Cannabis Advisory Committee will meet on Thursday.
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/ LOCAL
New York City Mayor-elect Zohran Mamdani (D) said he would need to shop at marijuana dispensaries more frequently in order to have a favorite.
The South Lake Tahoe, California City Council voted to reduce cannabis taxes.
/ SCIENCE & HEALTH
A study found that “Donald Trump’s victory had an adverse and statistically significant effect on the US cannabis industry.”
A study found that “receipt of prescribed cannabinoids was associated with a large and clinically significant improvement in sleep quality, additional aspects of quality of life, and condition-specific symptomatology.”
A study “highlights the therapeutic potential of cannabidiol in targeting neuroinflammation, a major driver of Alzheimer’s disease progression.”
/ BUSINESS
Curaleaf Holdings, Inc. reported quarterly net revenue of $320.2 million and a net loss from continuing operations of $54.5 million.
Green Thumb Industries Inc. reported quarterly net revenue of $291.4 million
TerrAscend Corp. reported quarterly net revenue of $65.1 million and a net loss from continuing operations of $9.9 million.
MariMed Inc. reported quarterly revenue of $40.8 million and net loss of $2.9 million.
Nature’s Care and Wellness workers in Cecil County, Maryland are accusing management of retaliation and intimidation over a union drive.
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Photo courtesy of Chris Wallis // Side Pocket Images.
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