LA gov signs marijuana penalty bill; HI gun denials for cannabis; Study: Cannabinoids for cancer treatment; States want federal rescheduling guidance
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/ TOP THINGS TO KNOW
Three Republican members of Congress filed separate amendments to large-scale agriculture legislation that would prevent a scheduled federal ban on hemp THC products from taking effect in November.
- One, from Rep. Andy Barr (R-KY), would keep many hemp products legal that are currently set to be recriminalized this year, add labeling requirements and institute new taxes on sales, among other regulatory reforms.
Louisiana Gov. Jeff Landry (R) signed a bill that threatens to send people to jail for up to one year if they smoke marijuana within 2,000 feet of a school property—including college campuses.
A new report from the Hawaii attorney general’s office shows that more people are being denied gun permits over their status as medical cannabis patients than for any other reason.
A new scientific review concluded that marijuana components “demonstrated consistent and statistically significant antitumor effects in glioblastoma and breast cancer models, with additional supportive evidence in lung and prostate cancer.”
- “Cannabinoids show promise as adjuncts in oncotherapy…to enhance chemotherapy efficacy.”
Top marijuana regulators from several states spoke about difficulty in navigating the implications of the Trump administration’s cannabis rescheduling move amid a lack of clear guidance from federal agencies.
- “None of us really can effectively advise our licensees, which is just incredibly frustrating, especially with a ticking clock.”
South Carolina Republican attorney general candidates clashed over whether or not they support legalizing medical cannabis during a primary debate.
New Tennessee rules banning the sales of THCA and other hemp-derived products are set to take effect on July 1.
A new study indicates that a hemp-based plastic made from CBD holds promise as a more environmentally friendly alternative to traditional packaging materials such as polyethylene terephthalate.
/ FEDERAL
The Congressional Research Service published a report noting enacted and proposed changes to hemp policies during the 119th Congress.
Nebraska independent U.S. Senate candidate Dan Osborn criticized Sen. Pete Ricketts (R-NE), tweeting, “Last month, the Trump administration reclassified medical marijuana from a Schedule I drug to a Schedule III drug. I applauded it. So did sensible people everywhere. Pete Ricketts is doing everything he can to STOP it. With Ricketts’ coordination, it was just announced that Nebraska AG Mike Hilgers and two other state AGs filed a lawsuit to BLOCK the Trump Justice Department’s order. Nebraska farmers could be growing this. Nebraska small businesses could be selling it. Instead, Pete’s keeping that money out of our state and hurting patients and caregivers.”
/ STATES
New York Gov. Kathy Hochul (D) touted her budget proposal’s provisions focused on increasing equity in the cannabis industry and developing the industrial hemp pipeline.
Oklahoma Republican gubernatorial candidates discussed illegal marijuana cultivation operations during a debate.
Wisconsin lieutenant governor candidate Sarah Godlewski, currently the secretary of state, tweeted, “Wisconsin has sent over $42 BILLION in marijuana tax revenue to Illinois and Michigan. Prohibition has never been the Wisconsin way and it’s a failing strategy for our state.”
An Indiana representative said he doesn’t think the state attorney general’s lawsuit against federal marijuana rescheduling will impede efforts to reform the state’s laws.
New Jersey regulators announced a recall of cannabis beverage products following reports of potential packaging and structural compromise.
Oregon regulators are beginning enforcement of hemp product registration rules.
Tennessee regulators published tax guidance on hemp products.
The California Legislative Analyst’s Office published an update on cannabis tax revenues.
Minnesota regulators sent a reminder about Monday’s deadline for CanGrow farmer training and loan grant request for proposals.
/ LOCAL
Albert, Lea, Minnesota officials improperly denied a marijuana business license, the state Court of Appeals ruled.
/ INTERNATIONAL
Guatemalan President Bernardo Aréval denied reports that his government has an agreement with the U.S. to conduct anti-drug trafficking operations within the country.
/ SCIENCE & HEALTH
A study found that “clinically meaningful [reduced fibromyalgia impact] improvement occurred in 40% of the cannabis-treated participants versus 10% with placebo.”
/ ADVOCACY, OPINION & ANALYSIS
The American Trade Association for Cannabis and Hemp launched an initiative allowing dispensary customers to round up their purchase to the nearest dollar, with the proceeds benefiting efforts to advance federal marijuana rescheduling.
/ BUSINESS
Robinhood added additional cannabis businesses in read-only mode.
Charlotte’s Web Holdings, Inc. closed a transaction with a British American Tobacco p.l.c. subsidiary involving an additional equity investment of $10 million.
SHF Holdings, Inc., d/b/a Safe Harbor Financial added two new board of directors members.
Missouri retailers sold $129.6 million worth of legal marijuana products in April.
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Photo courtesy of Chris Wallis // Side Pocket Images.
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