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Support our work at https://www.patreon.com/marijuanamoment | | | 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." | | | 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. | | | The U.S. Sentencing Commission published an updated sentencing guidelines manual. | | | / MARIJUANA BILL TRACKING | |  | Marijuana Moment's Bill Tracker is watching hundreds of cannabis, psychedelics and drug policy bills in state legislatures and Congress for 2025 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. | | 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. | | 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. | | | / 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. | | 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." | | 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. | | Thanks to The 420 Club, ARCATA.IO, Aura Advisors, Aventine Property Group, Baked Audiences by Statara, BillTrack50, BioTrackTHC, Bridge City Collective, Cannabis Industry Lawyer, CannaCard®, 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, KCSA Strategic Communications, 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, Modern Advocacy, National Cannabis Roundtable, Pot Brothers at Law, Reason Foundation, Tick Segerblom, Manny Serrano, Shield Compliance, Mark Singleton, Andrea Steel, Esq., Justin Strekal, Subversive Capital, TavCanna, Texas Cannabis Collective, Theory Wellness, Tinkler Professional Accounting Services, LLC, Torch Cannabis Co., James Tuttle, VanSon Advisory Services Inc. 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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