Psychedelic Startups Set To Capitalize on Evolving Regulatory Landscape | New York Law Journal – Law.com
In 2019, Dr. Katherine MacLean and Brett Greene coined the term “corporadelic” to describe the corporate commodification of the psychedelic “landscape.” And they couldn’t have been more on point. There has been an explosion of renewed interest in the psychedelic space, specifically in the medical application of psychedelic substances as a therapeutic treatment for mental and emotional disorder. This has caught the eye of some of the largest names in private equity, and investor enthusiasm is not going unnoticed. Industry reporting has tracked some of these cutting-edge psychedelic bio-techs through a series of highly successful funding rounds, which have culminated…
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Ohio regulators want 73 new medical marijuana dispensary licenses to address demand, more double current numb – cleveland.com
COLUMBUS, Ohio — Ohio medical marijuana regulators want to double the number of dispensary licenses in the state to satisfy patient demand, which has been much higher than anticipated since the program became operational. Currently, there are 58 dispensaries throughout Ohio. Ohio Board of Pharmacy staff are working on adding 73 new dispensary licenses, said Justin Sheridan, the board’s director of medical marijuana operations, at a Thursday cannabis discussion at Ohio State University’s Moritz College of Law. That could bring the total number of dispensaries in Ohio to 131 or 132 – depending on the outcome of a court case…
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Surprising Side Effects of Marijuana — Eat This Not That – Eat This, Not That
As a substance, marijuana is abundantly familiar. Its first recorded use for medicinal purposes dates back to 2800 BC, and in the modern era it’s been heavily studied. At the same time, scientists are still learning new things about marijuana—and recently, urging caution about what they don’t know. Some of its side effects are well-known: relaxation and “the munchies” probably top the list. But others are more obscure. A psychologist and physician told us more about some marijuana side effects you might not be aware of—and how pot affects the body to produce them. Read on to find out more—and…
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Cannabis company to acquire Columbia Care in $2B deal – The Suffolk Times – Suffolk Times
The waiting area inside the Columbia Care medical marijuana dispensary in Riverhead in 2016. (Credit: Paul Squire) A Chicago-based cannabis company has announced plans to acquire Columbia Care, which has a medical marijuana and recreational cultivation presence in Riverhead, in an all-stock merger valued at $2 billion. The proposed merger, which was announced in March, is subject to closing conditions and regulatory approvals and is on track to close in the fourth quarter of 2022, according to a press release issued last month. The deal would make Cresco Labs the leading cannabis company in the nation with over $1.4 billion…
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After permanent spinal injury, Middletown High tutor seeks help getting to school – Torrington Register Citizen
MIDDLETOWN — Adela Santiago, who suffered a permanent spinal injury two years ago, says she often has to trek more than 2 miles in her wheelchair to her job as a tutor and interventionist at Middletown High School. Two winters ago, Santiago said she slipped on ice while going down the stairs at home. As a result of the accident, she said her spinal cord and nerves were permanently damaged, causing acute scoliosis. Santiago said she also suffers from sciatica and needs a motorized wheelchair to get around. “I am in horrible pain all the time,” she said last spring….
Read More »1 arrest, marijuana seized in large illegal grow near school – CT Insider
GLENDALE, Ore. (AP) — One person was arrested and more than 18,000 marijuana plants were seized at three warehouses next to a high school in southwest Oregon, according to the Douglas Interagency Narcotics Team. The narcotics team said in a news release Friday that detectives executed a search warrant at the warehouses in Glendale Thursday after smelling marijuana and seeing a high volume of people and materials coming and going. Detectives found a Medford man hiding in one building and discovered a substantial illegal marijuana growing operation with plants in all stages of growth, along with about 4,100 pounds of…
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Hoboken passes new recreational marijuana restrictions; only 6 retail locations allowed – News 12 Connecticut
Apr 08, 2022, 9:32pmUpdated 7h ago By: News 12 Staff Hoboken is getting a better handle on how recreational marijuana sales will function in the city. The City Council approved stricter regulations on cannabis during a meeting on Thursday. The regulations will limit the number of stores allowed in the city to six. Previously there was no limit. The new rules also prohibit cannabis establishments within 600 feet of a school, day care center and certain residential neighborhoods. It was unclear what this would mean for the retail locations that were already approved to set up in Hoboken. Related Stories…
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Maryland House Gives Initial Approval To Senate-Passed Bill To Fund Psychedelics Research And Access For Veterans – Marijuana Moment
The Maryland House of Delegates on Friday gave initial approval to a Senate-passed bill that would create a state fund to provide “cost-free” access to psychedelics like psilocybin, MDMA and ketamine for military veterans suffering from post-traumatic stress disorder (PTSD) and traumatic brain injury. The legislation from Sen. Sarah Elfreth (D) advanced on a voice vote on second reading one day after the House Appropriations Committee passed it. Assuming that delegates don’t adopt any amendments on a third reading vote, which is expected soon, the bill would then head to the desk of Gov. Larry Hogan (R). There was no…
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