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Featured Articles

ICYMI: Adding Marijuana to a NIST Handbook

ICYMI: Adding Marijuana to a NIST Handbook

Not many people get excited about revisions and updates to the very dry National Institute of Standards and Technology (“NIST”) handbooks. The NIST 44 Handbook contains the “Specifications, Tolerances, and Other Technical Requirements for Weighing and Measuring...

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Featured Articles

Rhode Island Governor Includes Marijuana Legalization And Expungements In Budget Request

Rhode Island Governor Includes Marijuana Legalization And Expungements In Budget Request

The governor of Rhode Island has again included a proposal to legalize marijuana as part of his annual budget plan—and this time he also added new language to provide for automatic cannabis expungements in the state. Gov. Dan McKee (D) released his request for the 2023 fiscal year on Thursday, calling for adult-use legalization as lawmakers say they’re separately nearing a deal on enacting the reform. It appears that an outstanding disagreement between the governor and legislators concerning what body should regulate the program remains unresolved based on the new budget proposal, however. In general, McKee’s plan would allow adults 21 and older to purchase and possess up to one ounce of cannabis, though it would not provide a home-grow option. Adults could also store up to five ounces of marijuana in secured storage in their primary residence. “The governor recommends creating a strictly regulated legal market for adult-use cannabis in the state,” an executive summary states. “This proposal would create a weight-based excise tax on marijuana cultivation, an additional retail excise tax of 10 percent, and also apply sales tax to cannabis transactions.”

Kyle Jaeger, Marijuana Moment, 01/20/2022 17:46:00

Open article: https://www.marijuanamoment.net/rhode-island-governor-includes-marijuana-legalization-and-expungements-in-budget-request/

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Most Americans Predict Biden Won’t Uphold Marijuana Decriminalization Promise In 2022, Poll Finds

Most Americans Predict Biden Won’t Uphold Marijuana Decriminalization Promise In 2022, Poll Finds

Thursday marks the end of President Joe Biden’s first year in office—and, by and large, his campaign promises on marijuana policy have so far gone unfilled. And while certain federal agencies have taken some positive reform steps, the administration managed to stir controversy over some outwardly hostile actions with respect to cannabis policy. Contrary to Biden’s campaign pledges, cannabis has not been federally decriminalized, people remain in federal prison over non-violent marijuana offenses and the plant has yet to be rescheduled under the Controlled Substances Act. Of the cannabis promises that Biden made while running for president, just one has been met so far: the government has continued to let states implement marijuana reform mostly without federal intervention, though ongoing lack of clarity from the administration has caused continuing complications for the industry and consumers. In one of the more notable positive developments to come out of the Oval Office, however, Biden did sign an infrastructure bill last year that contains language meant to help promote marijuana research.

Kyle Jaeger, Marijuana Moment, 01/20/2022 12:23:00

Open article: https://www.marijuanamoment.net/most-americans-predict-biden-wont-uphold-marijuana-decriminalization-promise-in-2022-poll-finds/

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Banking Activity Increases In States That Legalize Marijuana, Study Finds

Banking Activity Increases In States That Legalize Marijuana, Study Finds

While marijuana businesses often struggle to find banks that are willing to take them on as clients due to risks caused by the ongoing federal prohibition of cannabis, a new study found that banking activity actually increases in states that legalize marijuana. The research doesn’t make a direct connection between state-level marijuana reform and the increased activity, but it does strongly imply that there’s a relationship—even if the factors behind the trend aren’t exactly clear. Researchers set out to investigate banking trends in states that have legalized cannabis, looking at bank regulatory filings with the Federal Deposit Insurance Corporation (FDIC) from 2011 to 2016. They found evidence that “banking activity (deposits and subsequent loans) increase considerably in legalizing states relative to non-legalizing states.” That’s in spite of the fact that banks and credit unions run the risk of being penalized by federal regulators for working with businesses that deal with a federally controlled substance. “While uncertainty can result in overly cautious behavior and hinder economic activity, we do not find evidence of this with cannabis laws and the banking industry,” the authors wrote in the new paper—titled, “THC and the FDIC: Implications of Cannabis Legalization for the Banking System.”

Kyle Jaeger, Marijuana Moment, 01/21/2022 08:05:00

Open article: https://www.marijuanamoment.net/banking-activity-increases-in-states-that-legalize-marijuana-study-finds/

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Thailand FDA Recommends Removal Of Cannabis From Controlled Substance List

Thailand FDA Recommends Removal Of Cannabis From Controlled Substance List

Thailand is known for some of the harshest drug laws on the planet, but no longer when it comes to cannabis. This article originally appeared on Cannabis.net and has been reposted with permission. In Asia, a region notorious for its harsh drug laws, Thailand is making waves by becoming the first country in all of the region to legalize the use of cannabis medicinally as well as in food and cosmetics. They are going one step at a time while neighboring countries still impose deadly penalties for anyone caught using or selling the drug. Just this week, the Food and Drug Administration (FDA) of Thailand stated they were going to propose to remove cannabis from the controlled substances list, reports Bloomberg. If the board agrees, the next step would require approval from Health Minister Anutin Charnivirakul, before the law is active in Thailand. Should this go to plan, it would mean that Thai citizens could enjoy easier access to cannabis without worrying about going to jail or having to pay big fines.

Terry Hacienda, The Fresh Toast, 01/20/2022 15:00:00

Open article: https://thefreshtoast.com/news/thailand-fda-recommends-removal-of-cannabis-from-controlled-substance-list/#utm_source=rss&utm_medium=rss&utm_campaign=thailand-fda-recommends-removal-of-cannabis-from-controlled-substance-list

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Mississippi House approves amended medical marijuana bill, sending it back to Senate

Mississippi House approves amended medical marijuana bill, sending it back to Senate

The Mississippi House of Representatives approved an amended version of the Senate’s medical marijuana bill, lowering the amount of cannabis a person can purchase each month. The House voted 104-14 in favor of the bill after over an hour of spirited debate. The bill will head back to the Senate where the changes can either be accepted or the two chambers can negotiate a compromise. “This bill has been vetted probably more than any bill in my history for sure,” said Rep. Lee Yancey, R-Brandon, chair of the House Drug Policy Committee. More: A billion joints? Lawmakers say Tate Reeves is moving the medical marijuana goal posts Yancey and Sen. Kevin Blackwell, R-Southaven, worked closely on the language of the bill through last summer and fall. Thorough vetting aside, Yancey made three changes to the bill Wednesday afternoon during an impromptu drug policy committee meeting. Yancey lowered the amount of marijuana a patient can purchase each month to 3 ounces from 3.5 ounces. A patient can still purchase 3.5 grams of marijuana at a time, but only six times a week. The decrease in the amount of cannabis a person can purchase in a given month comes after Gov. Tate Reeves repeatedly called for lawmakers to lower the amount. In December, Yancey didn’t seem open to the change, telling the Clarion Ledger he thought Reeves was playing politics.

Cannabis Business Executive – Cannabis and Marijuana industry news, 01/20/2022 08:15:00

Open article: https://www.cannabisbusinessexecutive.com/2022/01/mississippi-house-approves-amended-medical-marijuana-bill-sending-it-back-to-senate/

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ICYMI: Adding Marijuana to a NIST Handbook

ICYMI: Adding Marijuana to a NIST Handbook

Not many people get excited about revisions and updates to the very dry National Institute of Standards and Technology (“NIST”) handbooks. The NIST 44 Handbook contains the “Specifications, Tolerances, and Other Technical Requirements for Weighing and Measuring Devices.” It is adopted every year at the annual National Conference on Weights and Measures (“NCWM”). This year’s interim NCWM meeting has the cannabis crowd pretty stoked and looking toward the future where, for the first time, marijuana is actually being considered as an addition to the handbooks. What does this mean and why should you care? It could mean that the Feds are finally preparing for legalization and interstate commerce around marijuana. The NIST handbook: committee review The Laws and Regulations (L&R) Committee of NCWM develops “laws and regulations that range from the basic weights and measures law to specific laws and regulations for weighmasters, commodity regulations, price scanners, unit pricing, engine fuel and automotive lubricants and more.” Additionally, the L&R Committee addresses “test procedures for verifying the actual net quantity contained in packages offered for sale.” The Specifications and Tolerances (S&T) Committee is dedicated to issues related to the design, testing, tolerances and user requirements for commercial weighing and measuring devices.

Canna Law Blog – Harris Bricken, 01/20/2022 10:19:00

Open article: https://harrisbricken.com/cannalawblog/icymi-adding-marijuana-to-the-nist-handbook/

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