New York Bill To Require Health Insurance Coverage Of Medical Marijuana Clears Assembly Committee
New York lawmakers have approved a bill that would require public health insurance providers in the state to include medical marijuana as a covered prescription drug and authorize private insurers to do the same. The Assembly Health Committee passed the legislation from Majority Leader Crystal Peoples-Stokes (D) in an 18-7 vote on Tuesday. It now […]
Washington Bill To Protect Job Applicants From Marijuana Discrimination Advances In House After Passing Senate
A Washington State House committee advanced legislation on Tuesday that would protect job applicants in the state from being discriminated against for using marijuana. The bill, which already passed the full Senate last month, would forbid most employers from rejecting applicants simply for testing positive for cannabis on pre-employment drug tests. Workers could still be […]
California Senators Approve Psychedelics Legalization Bill In Committee
A California Senate committee has approved a bill to legalize possession of certain psychedelics and facilitated use of the substances. The legislation from Sen. Scott Wiener (D), which was refiled in December after a more expansive version was derailed last session, cleared the Senate Public Safety Committee in a 3-1 vote on Tuesday and next […]
Top Federal Health Official Won’t Commit To Completing Marijuana Review By 4/20, But Says Public Opinion Will Inform Decision
The head of the U.S. Department of Health and Human Services (HHS) won’t commit to completing a scientific review into marijuana’s federal scheduling status by the unofficial cannabis holiday 4/20—but he did say that the process will take into account shifts in what the drug “means” to Americans over the last several decades. HHS Secretary […]
GOP Senator Wants Bankers To ‘Unleash An Army’ Of Lobbyists To Help Pass Marijuana Banking Bill
The lead GOP Senate sponsor of a marijuana banking bill wants bankers to “unleash and army” of lobbyists on Capitol Hill to push for the passage of the reform legislation through the Senate this Congress. During a speech at the American Bankers Association (ABA) Washington Summit on Tuesday, the senator talked next steps for the […]
Kids Taken From Family Following Marijuana Arrest Remain In Tennessee State Custody Following Hearing
“The state of Tennessee has no respect for Black families. The state of Tennessee has no love for Black children. I’m here to tell you that, baby, it is 2023 not 1823. We are going to fight for our children and we’re going to win.” By Anita Wadhwani, Tennessee Lookout Five children taken from a […]
Majority Of Americans Back Legalizing Psychedelics Therapy And Federally Decriminalizing Substances Like Psilocybin, Poll Finds
A strong majority of Americans support legalizing and regulating psychedelics therapy, and most back federally decriminalizing substances like MDMA and psilocybin, according to a new poll. The survey from Breakthrough Bulletin comes amid a wave of psychedelics reform efforts taking place in legislatures across the country. What they found is that a majority of likely […]
: Acreage wins approval from British Columbia for Canopy Growth transaction and extends the exercise date by 60 days
U.S.-based cannabis company Acreage Holdings Inc. ACRDFACRHF said Tuesday it has won final approval from the Supreme Court of British Columbia for its previously-announced floating share agreement as part of an acquisition of the company by Canopy Growth Corp. CGCCA:WEED. Last week, Acreage shareholders approved the deal at a special meeting. Canopy and Canopy USA and Acreage amended their floating share arrangement to extend the exercise outside date to May 31 from March 31, or such later date as may be agreed to in writing. Canopy Growth initially announced the transaction in October to exercise options it had to acquire Acreage, Wana Brands and Jetty Extracts to fast-track its U.S. business. Canada-based Canopy Growth is backed by spirits giant Constellation Brands Inc. STZ. Acreage stock is up 1% in 2023 compared to a 20% drop by the Global X Cannabis ETF POTX and a loss of 12.9% by the AdvisorShares Pure U.S. Cannabis ETF MSOS. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
TX medical cannabis expansion advances (Newsletter: March 21, 2023)
DOJ filing in marijuana & gun rights case; MN legal cannabis & psychedelics hearings; Study: medical marijuana reduces opioid payments to doctors Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. (function() { window.mc4wp = window.mc4wp || […]
Mississippi Lawmakers Send Bill Revising State’s Medical Marijuana Law To Governor’s Desk
The changes span from minor language tweaks to new provisions on background checks and public records. By Sara DiNatale, Mississippi Today The Legislature has approved changes to Mississippi’s cannabis law that will limit the information available to the public about businesses’ citation records and will attempt to crack down on inconsistencies from the agencies tasked […]