on the administration of medical cannabis and CBD to students at schools. After nearly 30 years working as a reporter, photojournalist, producer,, All Rights Reserved Poynter Institute 2023, The Poynter Institute for Media Studies, Inc. is a non-profit 501(c)3. The decriminalization was backed by 220 against 204 lawmakers, the vast majority being Democrats. But Democrats are unlikely to win many Republican votes with their current proposal, which includes social equity programs to redress the harm done to communities of color by the war on drugs. Others, including one to lower the proposed tax rate on marijuana, were blocked. It seems that nearly every day you can open the newspaper and read about another state working towards the legalization of cannabis use, and surely tracking more than 1,000 cannabis, psychedelics and drug policy bills. The last time, in 2020, the Senate never even considered the bill. The bill's supporters aim to get it passed as soon as possible. Separately, he founded the nonprofit Marijuana Majority. U.S. federal legalization will likely not happen. Thousands of sales have already been made today, with thousands more to come. Researchers said they developed a new cannabis cultivation facility design that could result in 50% less electricity use when compared to the overall electrical energy consumption of current builds. It doesnt provide the federal protections that cannabis businesses want, but the state-level reform adds pressure on Congress to act. Thirty-eight states have either decriminalized cannabis or enacted laws authorizing its use for medical or recreational adult use. - The efforts to legalize cannabis have gained traction in some states and run into serious roadblocks in others. But his House GOP colleague, Rep. Nancy Mace of South Carolina, warns that a piecemeal approach will always leave the hardest pieces behind. 327 billionaires are women. The House had previously passed the MORE Act in December 2020, marking the first vote by a congressional chamber to legalize marijuana federally.It was not taken up by the Senate, which had at the . April 1, 2022, 5:50 AM PDT By Rebecca Shabad WASHINGTON The House passed legislation Friday that would legalize marijuana nationwide, eliminating criminal penalties for anyone who. tweeted, By killing the bill to legalize medical marijuana, Republican legislators have made it clear where they stand. / LOCAL The Hamilton, Ontario, Canada Board of Health is studying drug decriminalization. 2023 Colorado Public Radio. Learn more about our marijuana bill tracker and become a supporter on Patreon to get access. WASHINGTON, April 1 (Reuters) - The U.S. House of Representatives on Friday passed a bill to end the federal ban on marijuana, which has created legal headaches for users and businesses in. And if we get that done, we lose an invaluable sweetener to get the restorative justice, the expungement of records, the kind of things done that there isn't as much money behind.. One Democrat, Sen. Joanne Benson (D-Prince George's), joined Republicans in opposition. Certainly, it is an issue journalists should ask about during the midterm races. It is not the first time the House has voted to decriminalize weed. The EIN for the organization is 59-1630423. Some stocks to watch closely are the following: Copyright 2023 Market Realist. The bill is expected to get a committee hearing in a few months. Also, we get BREAKING federal legalization news live on the show!Footnotes:Minnesota Marijuana Legalization Bill Sponsor Expects GOP Support In House Floor Vote This Week (Marijuana Moment) 3 States Likely to Legalize Marijuana Next (The Motley Fool)Schumer Reiterates That Marijuana Legalization Must Pass Before Cannabis Banking Reform . Canopy Growth (CGC) This Canadian diversified cannabis companys revenue fell about 25 percent in the most recent quarter, but its loss narrowed. , criticized the House for including marijuana banking provisions in its China competitiveness bill. It is also acquiring Island Cannabis Co. On Wednesday, March 30, 2022 at 1:00pm EST, the House Rules Committee (the committee that considers all bills reported from policy and fiscal committees and determines whether, and in what order,. And it isnt with the 90% of Kentuckians who support providing this relief to people in need., ACLU of New Jersey, NAACP New Jersey State Conference. But let me be clear: legalization must include expungement for those serving time for possessing small amounts of marijuana.. Get the Poynter newsletter that's right for you. Congressional Cannabis Caucus co-chair Rep. Dave Joyce (R-OH). The bill, which passed the full House by a 220-204 vote, now heads to the Democratic-Party-controlled Senate, where it has been defeated after passing a House vote in December 2020. Merriam-Webster tweeted about the definition of key bumps amid interest in the topic as Rep. Madison Cawthorn (R-NC) claimed other lawmakers have offered him cocaine. A total of 72,277 deaths in all age groups reported across 26 states were removed from the tracker because CDCs algorithm was accidentally counting deaths that were not Covid-19-related, Jasmine Reed, a spokesperson for the agency, told the Guardian. Customer Reviews: Five-Star Enforcement and the Expanding Regulations. The action marks the second time the House has passed legislation legalizing marijuana across the country. The bill, which would give legal cannabis businesses access to financial services, has gotten through the House several times in the last few years, both as a standalone bill and as an amendment to other bills like the National Defense Authorization Act. Instead of modernizing its information systems, to choose but one example, the agency has sought a role in solving more high-profile social problems. Incidentally, if you are on the list and want to support journalism, drop me a note. said she was encouraged by the Senates passage of a cannabis research bill. Offers may be subject to change without notice. Democratic gubernatorial candidate John Cranley, a former Cincinnati mayor, spoke about his support for legalizing marijuana during a primary debate. The New York City Council Sets its Sights on Non-Profit Housing DOJ Announces New Voluntary Self-Disclosure Policy for U.S. Attorney Supreme Court: Salary, Not Daily Pay, Required for FLSA Overtime Time Is Money: A Quick Wage-Hour Tip on the Tip Credit, EDPB issues its Opinion on the EU-U.S. Data Privacy Framework, Hunton Andrews Kurths Privacy and Cybersecurity. He also revealed that he sent a letter last month to House Judiciary Committee Chairman Jerrold Nadler (D-NY) about his legislation in an offer to work together to amend it to have more bipartisan appeal, apparently to no avail. The bill will require 60 votes to pass in the Senate, means it needs the backing of all Democrats and at least 10 Republicans. The Association is also fighting an IRS fine because its lack of access to electronic payments meant it couldnt pay its taxes online. Mace and others in this debate agree on one thing that the federal status quo is increasingly unsustainable as more states legalize cannabis in one form or another. Among the Nay votes were Nancy Mace, a Republican who has billed herself as pro-cannabis and has proposed her own legalization bill . For the MORE Act to pass the Senate, supporters would need 60 votes to overcome a filibuster. [1]The most recent state to pass legislation is Rhode Island, which authorized an adult use program. said, in a House floor speech, that the war on drugs was designed as a project to target our Black and Brown communities, and the obvious racial disparities in enforcement show us that it still is, at its core, an effort targeting communities of color., tweeted, Its time for Congress to catch up with the American public. The measures are tied to a third bill, House Bill 1, that would place a proposed constitutional amendment on the November . Vermont regulators have received 427 marijuana business license prequalification applications. It probably wont this time, either. A former U.S. attorney for Kansas authored an op-ed calling on Missouri lawmakers to pass a marijuana legalization bill. Green Thumb Industries (GTBIF) In the latest quarter, this American cannabis consumer packaged goods company saw its revenue increase by 25 percent and its profit soar almost 180 percent. Strategies for Protecting Standard Essential Patents. The Lookout is a free, daily email newsletter with news and happenings from all over Colorado. [185] [186] Shahiedah assists property owners, developers, institutions, and investors with local land use and environmental compliance. Senate Majority Leader Chuck Schumer introduced the bill on Thursday, giving hope that decades of cannabis prohibition and criminalization are about to come to an end. Its a more limited approach than what the chambers Democrats just passed; it would treat cannabis like alcohol and contains limited criminal justice reform elements. But the legislation would face long odds once it reaches. Business news, resources, research, and investment discussion for publicly The common stock dividends declared in 2022 totaled $7.10 per common share and represented an increase of $1.38 or 24% over dividends declared in 2021. Rhode Island lawmakers are expected to approve a legalization bill this month. The ACLU of New Jersey, NAACP New Jersey State Conference and other organizations reacted to the Senate presidents move to investigate delays in launching legal marijuana sales. 189, N.C. Elon Musk, Jeff Bezos, Bill Gates and Warren Buffett are all in Forbes top five billionaires, which you can search by country and gender. Specifically, it removes marijuana from the list of scheduled substances under the Controlled Substances Act and eliminates criminal penalties for an individual who manufactures, distributes, or possesses marijuana. [The] reality is that there are a lot of very big money interests that want that done, he said. "If one accepts the one-vote theory, then it may foreclose efforts next year (2022) to pass a more comprehensive bill that also provides access to capital markets, fixes the onerous 280E tax. oppose legalizing marijuana, 47 percent to 42 percent. Senate Majority Leader Chuck Schumer (D-NY), tweeted, So many Americans live in states where cannabis is legal for adult recreational use. Among the remaining prohibitionist states, legalization of adult use in Delaware and Oklahoma was considered most likely, and Maryland, Ohio, Pennsylvania and Rhode Island somewhat less likely; medical cannabis in Mississippi was called likely at the beginning . Pennsylvania Democratic gubernatorial candidate Josh Shapiro, currently the attorney general, tweeted, Legalize marijuana. As Senate Majority Leader, I say that it is past time to end the federal cannabis prohibition. Vox says: Gallup poll numbers indicate that half of Republican voters now also support legal marijuana. Legal cannabis sales are estimated at approximately US$19.1 billion this year, according to New Frontier Data. Market Realist is a registered trademark. But that data is much slower to compile, and we want both speed and accuracy during a pandemic. Rhode Island regulators proposed rules changes on the administration of medical cannabis and CBD to students at schools. The governor says while she has never used marijuana, she might purchase some at some point. Legal cannabis, however, also presents a tremendous financial opportunity, and despite federal inaction, the industry is growing fast; a report from the cannabis website Leafly shows there are more than 428,000 full-time jobs in the cannabis industry, with a 33 percent increase in jobs just last year. Join us at https://www.patreon.com/marijuanamoment The bill seeks to remove cannabis from the federal government's list of banned substances, proposes forgiving people convicted or arrested for petty cannabis-related cases, and aims to fund police departments to fight illicit pot cultivation. A review of studies on cannabis use by people with psychotic disorders explored the unique potential of cannabidiol to serve as a harm-reduction strategy for individuals who are not able or willing to achieve abstinence for cannabis. All Rights Reserved. Its time to end the failed war on drugs. Marijuana Moment is made possible with support from readers. This Act would remove marijuana and THC from the Controlled Substance Act altogether, removing its federal prohibition. . The House passed the bill with a 16-vote margin on April 1, in a mostly party-line vote with just three Republicans supporting it and two Democrats against. Outside of Congress, supporters of the SAFE Banking Act are increasingly disappointed with the lack of progress in the Senate. Our newsletters bring you a closer look at the stories that affect you and the music that inspires you. I wanted you to know you can keep this resource free and published daily by subscribing to Marijuana Moment on Patreon. Currently, and for the past several years, the rider has prohibited the Department of Justice from spending federal funds to prosecute activity in compliance with state medical cannabis laws. reported quarterly systemwide pro forma revenue of $33.8 million. Washington State regulators approved a rule proposal on pesticide testing action levels for cannabis. / SCIENCE & HEALTH Business may boom for cannabis companies if the federal cannabis legalization bill passes in the Senate and Biden okays it. President Joe Biden promised that he would support changing the classification of marijuana to make it less regulated than other narcotics like heroin, but he has remained unmoved by state after state allowing recreational marijuana. 04/01/2022 01:26 PM EDT The House passed a far-reaching marijuana legalization bill on Friday by a 220-204 vote, largely along party lines and still with no real path to President Joe. Recent FTC Enforcement Action Merits Cyber Insurance Coverage Review, Two Ways to Redefine & Achieve CRM Success. The 2,668 billionaires on Forbes list are worth $12.7 trillion. That includes 169 one-year wonders, newcomers to the 2021 ranking, including Bumbles Whitney Wolfe Herd and Pelotons John Foley, who debuted a year ago and have already dropped from the list. He brings valuable experience to clients from his work in the public and private sectors, including serving on the D.C. Council for eight years. There. Its time to decriminalize marijuana at the federal level and provide justice for those facing marijuana charges or convictions. EC Appeals European General Court Decision Annulling the Harmonized Weekly Bankruptcy Alert February 28, 2023. Other studies by industry groups such as the Pew Research Center suggest overwhelming support for federal regulation for medical and recreational purposes. senator filed a bill to allow additional medical cannabis producers. (Though it looks like legal cannabis can actually increase property values.). Multiple Concussions Result in Greater Cognitive Deficits, DOL Issues Internal Guidance on Telework Under the FLSA & FMLA, USPTO Launches Cancer Moonshot Expedited Examination Pilot Program. / INTERNATIONAL Sign up here to. Meanwhile, Senate Majority Leader Chuck Schumer, D-N.Y., has been working with Sens. Barbados, Bulgaria, Estonia and Uruguay each gained their first billionaires ever. Colorado Postcards are snapshots of our colorful state in sound. The Tennessee Senate Judiciary Committee defeated a medical cannabis bill. The agency briefly noted the change in a footnote, although the note did not explain how the error occurred or how long it was in effect. [2]Delaware, Maryland, Minnesota, Missouri, New Hampshire, and Ohio. Mother Jones describes the political battlelines: Sure, there were a few defectors on either side. anthony apocalypse costume; mark dellagrotte record; shohreh aghdashloo ever after; wendy's employment verification; is it haram to wear shorts to sleep; Currently, cannabis companies and dispensaries are forced to either pay high fees to cannabis-friendly banks or deal solely in cash, as credit card companies and other financial services wont process their payments, Adam Horowitz, a cannabis attorney at Cole Schotz said. Henry Cuellar (Texas) and Chris Pappas (N.H.)voted against the bill. Roughly 50 marijuana-related bills are circulating in Congress - including Democratic and Republican visions of federal legalization plus bills to lift restrictions on cannabis research and allow MJ to be shipped via the U.S. mail. regulators approved a rule proposal on pesticide testing action levels for cannabis. 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