Federal Scientists Say Onerous US Marijuana Regulations Hinder Urgent Research – Marijuana Moment
“We could raise a whole bunch of money and potentially cut property taxes.” By Ethan DeWitt, New Hampshire Bulletin The bills have bipartisan support. Their sponsors include left-leaning Democrats and libertarian Republicans. One has been advanced by a Republican chairman of an influential committee; another by the House Democratic leader himself. But as New Hampshire lawmakers put forward the latest round of marijuana legalization bills for next year’s session, the outcomes appear all but predetermined. The bills will move from a House committee to the House floor, where they’ll likely get a bipartisan majority. They’ll cross to the Senate, and…
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Marijuana MSO Curaleaf raises record $425 million from 8% debt financing – Marijuana Business Daily
Marijuana multistate operator Curaleaf Holdings said it has received commitments for a privately placed debt raise of $425 million – the largest yet for a U.S. cannabis company – while securing an interest cost that is among the lowest in the industry. The five-year senior secured notes have an 8% annual interest rate, according to a news release issued Monday by the Massachusetts-based company. Advertisement The agreement also permits up to an additional $200 million of senior bank financing. The deal is the biggest example yet of a shift from equity to debt financing, with large MSOs enjoying some of…
Read More »New York Lawmaker Files Bill To Legalize Medical Psilocybin Treatments, With Focus On First Responders And Veterans – Marijuana Moment
A New York lawmaker on Monday introduced a bill to legalize psilocybin mushrooms for medical purposes and establish facilities where the psychedelic could be grown and administered to patients. Assemblyman Pat Burke (D) filed the legislation, which would create a system in New York that’s similar to the psilocybin program that was legalized via a ballot initiative in Oregon last year. The bill lists a series of medical maladies that could qualify a patient to access psilocybin—such as cancer, multiple sclerosis, PTSD, autism and Parkinson’s disease—but it also states that it could be recommended for “any other condition” certified by…
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A visitor’s guide to (not quite) legal weed in Mexico
A visitor’s guide to (not quite) legal weed in Mexico – Leafly Link copied to your clipboard Leafly Leafly ® Loading… Where are you from? noyes Remember me for 30 days. I confirm that this is not a shared device. Darn! You’re not old enough to use Leafly. Redirecting you to By accessing this site, you accept the Terms of Use and Privacy Policy. You’ve read the headlines: Mexico’s Supreme Court Strikes Down Marijuana Prohibition. Now you’re heading to Mexico, anticipating a legally elevated vacation. Not so fast. Personal possession of up to five grams of cannabis is now legal,…
Read More »Here’s How Bankers Can Confidently Work with the Cannabis Industry
Opinions expressed by Entrepreneur contributors are their own. The challenges of banking higher-risk businesses are not new to financial institutions. But the obstacles around banking the cannabis industry, which is still federally illegal, adds an entirely new element of challenges. Obtaining an open banking relationship for cannabis businesses is not easy. And this issue doesn’t appear to be remedied anytime soon, with senators declining to take action until broader reform is advanced. Until then, legal cannabis enterprises are left with a patchwork of options that vary state to state, depending on the nature of their business and available banks or credit unions…
Read More »Califf goes to Congress – POLITICO – Politico
With Alice Miranda Ollstein Editor’s Note: POLITICO Pulse is a free version of POLITICO Pro Health Care’s morning newsletter, which is delivered to our subscribers each morning at 6 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. — A Senate committee grills Biden’s FDA nominee today, with questions on the table about the opioid epidemic and his profitable jobs since government work. — The ‘Byrd Bath’ begins in earnest this week with senators sparring over drug pricing provisions….
Read More »Stündenglass Kompact: Portable and Powerful
In 2018, a video of Seth Rogen hitting a bong went viral. The Pineapple Express star claims to have coughed for 25 minutes after just one (granted, pretty big) rip from the futuristic looking device. So why was this clip so special? After all, Rogen’s love of weed is a cornerstone of his career. What made this video different comes down to the bong itself. The futuristic device was a prototype of the Stündenglass Gravity Hookah by former Apple employee Tracey Huston. What began as a garage-built passion project for the designer—and self-taught inventor—soon metamorphosed into the zeitgeist of cannabis cool when Grenco Science bought Stündenglass in 2020. …
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Montana Lawmakers Approve Marijuana Rules Ahead Of January 1 Launch Of Legal Sales – Marijuana Moment
Colorado voters could have the chance next year to vote on legalizing possession and personal cultivation of psychedelics, and creating a system of licensed businesses to produce psilocybin, DMT, ibogaine and mescaline for supervised use at “healing centers.” A national advocacy group recently filed two separate psychedelics reform initiatives for Colorado’s 2022 ballot, both of which are titled the Natural Medicine Healing Act. The first would legalize the possession, cultivation and an array of entheogenic substances, as well as establish a regulatory model for psychedelics therapy. The other is a similar, but somewhat more dialed-back proposal that would initially legalize…
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