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Join us at https://www.patreon.com/marijuanamoment | | A new study found that "there is no apparent correlation between marijuana tax rate and marijuana usage rate"—contrary to the New York Times editorial board's push to increase cannabis taxes to deter use. - "The highest taxed state, Washington (43.5%), reported the 6th highest usage rate of 21.99% within the dataset. On the other hand, New Jersey, which had the lowest tax rate (6.625%) also reported the lowest usage rate among the group (14.42%) and ranked in the bottom half nationally. "
| | Sen. Ron Wyden (D-OR) claimed that Deputy Attorney General Todd Blanche is blocking the Drug Enforcement Administration from releasing an unredacted document from the Jeffrey Epstein files about an investigation involving drug trafficking and money laundering.
Rep. Don Bacon (R-NE) reportedly angered other members of the Republican Study Committee by bringing a hemp lobbyist to a meeting of the group and yielding time to him to speak. | | The Iowa House of Representatives passed a bill to ban kratom.
New Jersey's Senate president filed a bill to alter the phased-in ban on intoxicating hemp products.
A New Mexico senator discussed the approval of budget legislation providing funding for psilocybin treatment access.
Delaware's top marijuana regulator spoke to members of the Milford City Council as they reconsider a ban on recreational cannabis sales.
New York cannabis regulators began accepting applications for a second round of Community Reinvestment Program grants.
The Michigan Cannabis Regulatory Agency will hold a public meeting on Thursday.
Oregon regulators will consider a marijuana business violation stipulated settlement agreement on Thursday. | | | / MARIJUANA BILL TRACKING | |  | Marijuana Moment's Bill Tracker is watching hundreds of cannabis, psychedelics and drug policy bills in state legislatures and Congress for 2026 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. At least six cannabis and drug policy bills are scheduled for hearings on Thursday. 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 Canadian court overturned officials' rejection of a security clearance for a cannabis business worker based on a social media connection. | | A review concluded that "the incidence of substance abuse (especially alcohol and cannabis) among musicians is higher than that of the general population."
A study pointed to "psilocybin as a promising treatment alternative for severe, treatment-resistant [obsessive compulsive disorder] when administered in a supportive clinical context." | | | / 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. | | | / ADVOCACY, OPINION & ANALYSIS | | High Tide Inc. reported quarterly revenue of C$178.3 million and a net loss of C$0.4 million.
Trulieve Cannabis Corp.'s chairman and CEO established an automatic securities disposition plan.
Klutch Cannabis is being sued by Klutch Sports Group for alleged trademark infringement.
The Cannabist Company Holdings Inc. announced that noteholders of its senior secured notes and senior secured convertible notes agreed to a further extension and to forbear from exercising any of their rights and remedies. | | 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 Policy Project, 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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