| | Does Marijuana Moment help keep you informed about marijuana news? If so, forward this to a friend and suggest they subscribe. | | 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 | | A Bernalillo County, New Mexico commissioner announced plans to introduce a local measure to treat off-duty marijuana use by government employees more like alcohol use by removing the risk that a positive drug test for THC alone would lead to discipline or termination. A new study shows how marijuana is a substitute for other drugs, finding that "significant proportions reported cannabis use led to 'less' alcohol (60%), synthetic cannabinoid (60%), morphine (44%) and methamphetamine (40%) use." - "Cannabis may provide a lower risk option than heavy alcohol use among young adults who are in a particularly hedonistic phase of their lives."
| | / REACH MARIJUANA MOMENT'S READERS | | | Marijuana Moment's website gets 3-5 million pageviews every month, and around 1 million unique visitors each month. This daily newsletter hits the inboxes of 90,000+ cannabis industry professionals, investors, consumers and regulators every weekday morning. Find out how your business or organization can reach our growing reader base through several advertising opportunities we have opening up next month. Details are in our Sponsorship Opportunities deck. | | President-elect Donald Trump's pick for White House chief of staff, Susie Wiles, previously worked for Ballard Partners, a lobbying firm that represents cannabis company Trulieve. The Department of Justice filed a brief urging the U.S. Court of Appeals for the Third Circuit to uphold a ruling preventing the opening of a safe consumption site for illegal drugs in Philadelphia, Pennsylvania. | | California's attorney general issued a consumer alert about intoxicating hemp products. The Massachusetts legislature's Joint Committee on Cannabis Policy will hold a hearing on Wednesday. Maine regulators issued a recall of marijuana products with unsafe levels of yeast and mold. Illinois regulators are being sued over alleged discrimination in medical cannabis cultivation business licensing. New York regulators are accepting public comments on changes to marijuana business distance rules. Vermont regulators cleared a backlog of marijuana cultivation business license applications. Michigan regulators are being accused of making "defamatory and one-sided" accusations about alleged violations by a marijuana business. Georgia regulators will consider medical cannabis production business license renewals on Wednesday. Maryland regulators will host a town hall about allocating marijuana revenue on Thursday. | | Voters in Colorado Springs, Colorado at first appeared to approve two contradictory marijuana ballot measures—one to ban recreational sales and another to allow medical cannabis dispensaries to begin selling to all adults—but updated election results show the ban proposal failing. Denver, Colorado officials are accepting applications for a cannabis social equity technical assistance program. | | The UK Advisory Council on the Misuse of Drugs is calling for an increase in allowable THC levels in hemp. Philippine lawmakers are daring former President Rodrigo Duterteo to attend an upcoming hearing on the nation's bloody "war on drugs." | | / MARIJUANA BILL TRACKING | | | Marijuana Moment's Bill Tracker is watching more than 1,500 cannabis, psychedelics and drug policy bills in state legislatures and Congress for 2024 sessions. You can track votes, amendments and sponsors—and find out when marijuana and drug reform legislation is scheduled for committee hearings so you can tune in and see what happens. Access is available to Marijuana Moment readers supporting our cannabis advocacy journalism with Patreon pledges of at least $25 per month. If you work in the cannabis industry or legalization movement, you need to know about pending policy changes that could affect your plans. Accessing Marijuana Moment's Bill Tracker is the easiest and most affordable way to make sure you don't miss anything important. And, your pledge helps support our ongoing cannabis news reporting. | | A review concluded that "cannabinoids' antibacterial potency is closely linked to their structure–activity relationships, with features like the monoterpene region, aromatic alkyl side chain, and aromatic carboxylic groups enhancing efficacy, particularly in CBD and its cyclic forms." A study found that "a notable and significant decrease in symptoms related to depression and anxiety at the time of cancer diagnosis, improvement in quality of life, and improvement in psychological well-being were seen through the use of psilocybin as an adjuvant treatment." | | / ADVOCACY, OPINION & ANALYSIS | | The Illinois Hemp Business Association is urging lawmakers to reject proposed hemp products restrictions. The Cato Institute published a post arguing that decriminalizing drug possession is a partial solution, and that broader legalization of supply is needed. | | Cresco Labs Inc. reported quarterly net revenue of $179.8 million and a net loss of $7.7 million. Canopy Growth Corporation reported quarterly net revenue of C$62.9 million and a net loss of C$128.3 million. Innovative Industrial Properties, Inc. reported quarterly revenue of $76.5 million. Leafly Holdings, Inc. reported quarterly revenue of $8.4 million and a net loss of $1.1 million. PharmaCann workers in Warren, Michigan voted to join Teamsters Local 337. | | A marijuana dispensary owned by Bill Maher and Woody Harrelson was robbed. | | Thanks to The 420 Club, ARCATA.IO, Aura Advisors, Aventine Property Group, Baked Audiences by Statara, BillTrack50, BioTrackTHC, BOWL PAC, Bridge City Collective, Cannabis Industry Lawyer, Cannabis Public Policy Consulting LLC, CannaCard®, CBD Oracle, CLS Holdings USA, Council for Federal Cannabis Regulation, Boston Dickerson, Dope Tax Pros, Durée & Company PR, Robin Ely MD, Jacqueline Ferraro, Frantz Ward LLP, Gretchen Gailey, Ganjapreneur, Geronimo Capital, Glass House Brands, The GMP Collective, The Green Closet By Gaea, Green & Purple Smoke Shop, Groovy Hemp Company, Hager Law LLC, HAT Law Firm, High Yield Insights, Angela Janis, Pete Kadens, Kanna CBD, John Kirk, Kusheo, Law Offices of Omar Figueroa, LiberateFlorida.com, Jessica Lee, Marijuana Supply Networks DBA/ MSN Packaging Inc., Maverick Public Relations, MBO Ventures, Ryan McQueeney, Mike & Colin at MJResearchCo, The Millennial Lawyer, National Cannabis Roundtable, Park Strategies Cannabis Practice Group, Pot Brothers at Law, Reason Foundation, Tick Segerblom, Manny Serrano, Shield Compliance, Mark Singleton, Andrea Steel, Esq., Subversive Capital, Takoma Wellness Center, TavCanna, Texas Cannabis Collective, Theory Wellness, Tinkler Professional Accounting Services, LLC, Torch Cannabis Co., James Tuttle, VanSon Advisory Services Inc., WAAVE and YourCanna-Club for being substantial Marijuana Moment sustaining subscribers. | | Support from subscribers who value this daily dispatch enough to show their appreciation with a few dollars helps me keep going. If you can afford it, please chip in and support us on Patreon. | | See Marijuana Moment's sponsorship and advertising policy here. | | / MARIJUANA MOMENT WIRE SERVICE | | | Give people a reason to keep coming back to your business's website by syndicating Marijuana Moment's breaking cannabis news and analysis. Marijuana Moment's Wire Service helps paying subscribers boost SEO and lets your potential customers know you are watching all the latest key policy developments that affect them. Now you can publish smart cannabis content on your site without having to hire your own dedicated editorial staff to track, make sense of and synthesize news developments your readers are looking for information about. Contact Marijuana Moment for pricing information today. | | | | | | |
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