A pending bill that would decriminalize marijuana at the federal level is gaining bipartisan support as a vote on the measure scheduled in the House of Representatives next week approaches.
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Martha Stewart Launching CBD Line with Canopy Growth
Martha Stewart has partnered with Canopy Growth on a CBD product line set for a release this week after more than a year in development, CNNreports. The products will be sold online via the Canopy website and will range from $34.99 to $44.99 with a line of pet products set for later this year.
Delaware State University Receives Federal Grant for Hemp Research
Delaware State University has received a $591,628 grant from the National Science Foundation for hemp research.
Is Psilocybin More Revolutionary Than Spravato for Depression?
Spravato has not been the "game-changer" for treating depression that it was touted as being. The market remains wide open for psilocybin (and other psychedelics).
Bill To Regulate CBD As A Dietary Supplement Introduced In Congress
A bill that would allow CBD derived from hemp to be sold as a dietary supplement was introduced in the House of Representatives last week in a bid to jumpstart an industry hampered by inaction from the U.S. Food and Drug Administration (FDA).
Vermont House Approves Marijuana Expungement And Decriminalization Expansion Bill
The Vermont House gave preliminary approval on Friday to a bill that would provide for automatic expungements of marijuana convictions and allow people to possess and grow more cannabis without the threat of jail time than is currently allowed.
Third GOP Congressman Pledges To Vote For Marijuana Legalization Bill On House Floor This Month
A third Republican congressman said he will be voting in favor of a marijuana legalization bill that the House is set to take up later this month.
Psychedelics Company Havn Life Announces Commencement of Public Trading on the CSE
Havn Life Sciences commences trading on the CSE under the ticker symbol "HAVN".
Thai Study Suggests Cannabis Extracts May Inhibit Cancer Cell Growth
A government-led study in Thailand suggests that cannabis may inhibit cancer cell growth, the Bangkok Post reports.
Biden Calls for ‘Mandatory Rehab’ Instead of Jail for Drug Crimes
During a campaign stop in Kenosha, Wisconsin last week, Democratic presidential nominee Joe Biden said he supports “mandatory rehabilitation” for “anybody convicted of a drug crime.”
County Leaders Across New York Call For Marijuana Legalization To Address Budget Shortfalls Amid COVID
Marijuana legalization is among the proposals that a coalition of New York county officials recommended on Tuesday as a way to offset economic losses caused by the coronavirus pandemic.
Mississippi heads for potentially close November vote on medical cannabis legalization
A business-friendly medical marijuana initiative with no license caps in the Deep South state of Mississippi faces a high hurdle in November, but even modest support could sway legislators in neighboring conservative states to be more open to legalizing MJ markets.
ATAI Positioned As Kingmaker In Psychedelics Space
ATAI Life Sciences is looking more and more like the driving force in the psychedelic drug industry.
Congressional Committee Approves Marijuana Bill That Will Allow Research On Dispensary Cannabis
A House committee on Wednesday approved key piece of marijuana research legislation that, among other things, would allow scientists to finally study cannabis from state-legal dispensaries.
Marijuana Possession Arrests Plummet In Texas After Hemp Legalization, New State Data Shows
Marijuana possession arrests fell almost 30 percent in Texas from 2018 to 2019, new state data shows, and that trend seems connected to the legalization of the plant’s non-intoxicating cousin hemp.