A VOTE, BUT ALSO…
MORE is more: Federal legalization bill headed for a vote next week
The U.S. House of Representatives will vote on the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act next week, which would federally legalize cannabis, reports Marijuana Moment.
- This will be the second time the House has voted on the bill, which is sponsored by House Judiciary Committee Chairman Jerrold Nadler
- It was then held up in the Senate, which was Republican-controlled at the time
- On Thursday, the House Rules Committee announced it would hear the bill Monday, which is the last step before a vote
“Advancing this legislation to deschedule marijuana and to help those individuals and communities that have borne the brunt of America’s failed prohibition is pivotal,” said NORML’s political director Morgan Fox in a statement. “More than two thirds of Americans support repealing the federal prohibition of marijuana and they deserve to know where our elected officials stand on this issue.
But also, the US Senate…
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Delta-8 threatens future of licensed cannabis cultivators in Michigan
Because it’s cheaper to produce than cannabis, the rise of delta-8 THC could pose a threat to newly licensed cannabis cultivators in Michigan and beyond, reports MSN.
What is delta-8?
- It’s an impairing cannabinoid that’s derived from hemp through a chemical process
- It is often described as “diet THC” because it can be less impairing than delta-9, which is naturally occurring in cannabis
- Because of the Farm Bill, delta-8 products are believed by many to be federally legal, and are found in gas stations and convenience stores
- Some states have outlawed it, and the FDA has issued warnings about using the products
“It’s an issue that almost every state cannabis regulator is thinking about,” said Gillian Schauer, executive director of the Cannabis Regulators Association. “It’s presenting a lot of challenges to protecting public health and consumer safety, and also to protecting existing state cannabis markets.”
A PERMANENT OFFICE
We(ed)Work: Former coworking startup exec joins LeafLink
Artie Minson, the former president and CEO of the notorious WeWork coworking start-up, is joining cannabis wholesaler LeafLink as its new president and chief operating officer, reports Axios.
Minson was hired at WeWork in 2015 in an effort to rein in founder and CEO Adam Neumann, who was known for his lavish spending and odd habits. Previously, Minson was an executive at AOL and Time Warner Cable. When Neumann was ousted, Minson took over as CEO in 2019 before stepping down in 2020.
At LeafLink, a marketplace connecting retailers and brands – with logistics support as well – with more than 10,000 partners, Minson will report to co-founder and CEO Ryan G. Smith, and will manage operations, sales, marketing, customer service and more, according to a press release.
Earlier this week, we had the VP of Logistics on BofC Live. Check that out.
How to legalize cannabis without contravening international drug laws
A new paper by researcher and author Kenzi Riboulet-Zemouli outlines how to legalize adult-use cannabis without contravening drug laws, reports BusinessCann.
When Canada began adult-use sales in 2018, it was found to have violated the 1961 Single Convention on Narcotic Drugs (SCND). Uruguay, too, has been threatened with sanctions by the International Narcotics Control Board (INCB) for implementing its cannabis legislation.
There are two conditions where federal legislation can potentially comply by international laws:
- If there are measures to reduce abuse and harm from cannabis
- If there are efforts to report sales of “medical and scientific” to the International Narcotics Control Board—something Malta recently included in its legislation