| | | | 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... BREAKING: Journalism is often consumed for free, but costs money to produce! While this newsletter is proudly sent without cost to you, our ability to send it each day depends on the financial support of readers who can afford to give it. So if you've got a few dollars to spare each month and believe in the work we do, please consider joining us on Patreon today. https://www.patreon.com/marijuanamoment | | President Donald Trump supports federally recriminalizing hemp THC products even though he signed the legislation that legalized them in 2018, according to a White House official who spoke to NBC News. - The American Distilled Spirits Alliance, Beer Institute, Distilled Spirits Council of the U.S., Wine America and Wine Institute sent a letter urging senators to keep the hemp ban language in a spending bill.
| | Max Jackson of Cannabis Wise Guys argues in a new Marijuana Moment op-ed that the federal dispute about hemp legislation could be resolved with a new definition that allows up to 1 percent THC in plants and up to 10 mg THC in consumer products. - "By regulating only the raw plant (1.0 percent) and the final consumer good (10mg), we bypass the bad-faith argument that 99 percent THC distillate is just "hemp extract." If the final product is intoxicating, it's illegal."
| | Sen. Jack Reed (D-RI) said in a Senate floor speech that "the so-called 'war on drugs' has been waged for decades. It has cost billions of dollars and countless lives, and it has not solved the problem." Sen. Todd Young (R-IN) tweeted, "The strategic objective of militarizing a 'War on Drugs' is unclear at best and, while not currently desired or contemplated, these operations could conceivably lead to direct military conflict with Venezuela or even operations inside the United States." | | | What does cannabis really look like across America? Flowhub's new docuseries, The Great American Dispensary Tour, explores the people, stories, and culture behind the movement. Produced with Emmy-winner Ricki Lake and journalist Jason Kennedy, Episode 1 starts in Nevada. Watch now. | | A Maryland delegate who sponsored a bill to create a psychedelics task force said she doesn't think its recommendations to enact legalization will be implemented for "several years." A Wisconsin court ruled that a licensed hemp processor can be prosecuted for allegedly manufacturing products containing illegally high THC levels without a referral by the agency that oversees the industry. Colorado regulators issued an advisory about marijuana products that exceed acceptable limits for yeast, mold, arsenic, cadmium and lead. Massachusetts's top marijuana regulator discussed social use businesses and other issues. Arkansas regulators filed proposed changes to medical cannabis rules. Minnesota regulators are accepting curriculum submissions for a medical cannabis consultant training program. | | | Minneapolis, Minnesota officials are launching cannabis-specific business technical assistance on November 19. | | The UK All-Party Parliamentary Group on Medical Cannabis under Prescription published a report with recommendations for the government. Saudi Arabia has executed at least 320 people for drug offenses this year. | | | / 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 review concluded that "CBD may serve as a safe adjunct in managing oral pain and inflammation." A study found that "acute cannabis intoxication may selectively reduce subjective and objective impulsivity in people with [attention-deficit/hyperactivity disorder], while impairing several other aspects of cognition." A review of MDMA research concluded that "early randomized, placebo-controlled studies also suggest benefits in autism spectrum disorder, eating disorders with comorbid PTSD, and anxiety related to life-threatening illness" and that "large epidemiological and naturalistic studies associate MDMA use with lower rates of depression, reduced suicidal ideation, and improved posttrauma coping, though causal inference is limited." | | Ascend Wellness Holdings, Inc. reported quarterly net revenue of $124.7 million and a net loss of $25.8 million. Village Farms International, Inc. reported quarterly net sales of $66.7 million. SHF Holdings, Inc., d/b/a Safe Harbor Financial regained compliance with Nasdaq listing requirements. Atai Beckley N.V. announced positive topline results from an open-label extension study of a Phase 2b clinical trial of its 5-MeO-DMT nasal spray in patients with treatment-resistant depression. Arkansas dispensaries sold $25.1 million worth of medical cannabis products in October. | | | Woody Harrelson told a story about the time he realized "marijuana does not go well with acting" when shooting a scene for Cheers. | | 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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