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🌳📰 Marijuana Moment: Hemp THC ban delay hits roadblock in Congress

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/ TOP THINGS TO KNOW
House Agriculture Committee Chairman Glenn Thompson (R-PA) said an amendment to delay the federal recriminalization of hemp THC products is not germane to the Farm Bill that's set for a markup next week.
Pennsylvania's Independent Fiscal Office is projecting that Gov. Josh Shapiro's (D) marijuana legalization proposal would generate nearly half a billion dollars in annual revenue by 2028—a higher estimate than that from the governor's own office.
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The Missouri House Emerging Issues Committee approved several psychedelics bills to expand access to and research on psilocybin and ibogaine.
A new poll of Texas voters shows they are dissatisfied with how lawmakers are handling marijuana and THC issues—a result that comes as a cannabis legalization question appears on the Democratic ballot for the March 3 primary.
Life Is Chill and LoveBud are partnering to launch marijuana kiosks at senior independent living communities in Arizona that older residents can use to learn about and order cannabis products for delivery.
Hirsh Jain of Verdant Strategies argues in a new Marijuana Moment op-ed that Michigan's new cannabis tax increase is having disastrous consequences on the industry and that other states should learn from its experience, "rather than repeat the same economic misstep the next time they face a budget shortfall."

The Oklahoma House of Representatives passed legislation to extend a medical cannabis business license moratorium through August 1, 2028 and limit the number of cultivation licenses to 2,500.
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/ FEDERAL
A federal judge criticized Department of Justice lawyers' "sloppiness" after they mistakenly claimed a man in an immigration case had a marijuana conviction from when he was four years old.

Colorado Democratic congressional candidate Wanda James, who is a cannabis business owner, discussed her platform.

The House bill to designate psychedelic therapy centers of excellence got one new cosponsor for a total of 23.
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/ STATES
New York Gov. Kathy Hochul (D) appointed a new acting executive director for the Office of Cannabis Management.

The South Dakota Senate Health and Human Services Committee approved a bill to legalize the pharmaceutical composition of crystalline polymorph psilocybin upon federal approval.

The Georgia House Judiciary Non-Civil Committee is expected to vote on a bill to prevent police from conducting searches based solely on the smell of marijuana  on Monday.

A Michigan senator filed a bill to repeal a recently implemented marijuana tax increase.

Virginia lawmakers discussed their bills to legalize recreational marijuana sales.

A Nebraska notary was convicted of misconduct related to petitions for medical cannabis legalization ballot initiatives.

Massachusetts's top marijuana regulator said if a ballot initiative to roll back the state's legalization law passes, it wouldn't get rid of cannabis but would be "getting rid of regulated cannabis and the $300 million that comes with it."

Florida regulators filed changes to medical cannabis business rules.

Washington State regulators took action against unlicensed marijuana sales.

California generated $255.1 million in cannabis sales tax revenue in the fourth quarter of 2025.

The Oklahoma Medical Marijuana Authority Executive Advisory Council will meet on Friday.

Colorado regulators will host a stakeholder meeting on psychedelics rules on Tuesday.
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At least 20 cannabis and drug policy bills are scheduled for hearings over the next week.

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/ LOCAL
The Chesterfield County, Virginia Board of Supervisors chair formed a committee to study psychedelics.
/ INTERNATIONAL
The chair of the Bahamas Cannabis Authority said officials signed an agreement for a cannabis licensing and monitoring platform.
/ SCIENCE & HEALTH
A study found that "the ability to metabolise [cannabigerolic acid] originated in a recent ancestor of cannabis and that early cannabinoid oxidocyclases were promiscuous enzymes producing all three THCA, CBDA and CBCA."

A study "demonstrates the feasibility of group psilocybin therapy in a low-income population with depression."
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/ BUSINESS
Green Thumb Industries Inc. reported quarterly net revenue of $311.1 million.

Trulieve Cannabis Corp. reported quarterly revenue of $293.1 million and a net loss of $43.6 million.

Cronos Group Inc. reported quarterly net revenue of $44.5 million and a net loss of $0.5 million.

Sunnyside workers in Wyomissing, Pennsylvania are going on strike.

Holistic Industries workers in Springfield, Massachusetts removed United Food and Commercial Workers union officials from their workplace.
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/ CULTURE
Former basketball player Lamar Odom checked out of a rehab program he entered for marijuana.
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