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NY gov signs cannabis banking bill (Newsletter: November 24, 2023)

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Source: Marijuana Moment

CA psychedelics ballot initiative; OH rep: marijuana legalization revisions must include those criminalized; Safe drug consumption site study

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/ TOP THINGS TO KNOW

New York Gov. Kathy Hochul (D) signed a bill that aims to make it easier for banks to work with licensed marijuana businesses—a state-level reform that comes as cannabis banking legislation continues to stall in Congress.

The California attorney general’s office is accepting public comments through Monday on a draft ballot initiative to legalize psychedelics for medical, therapeutic and spiritual use.

Ohio Rep. Juanita Brent (D) said it’s important for people impacted by marijuana criminalization to have a seat in discussions about potentially amending the voter-approved legalization law, not just “anti-cannabis” GOP lawmakers.

A new study published by the American Medical Association on safe consumption sites for illegal drugs in New York City found “no significant increases in crimes” near the facilities, despite opponents’ fears and a reduction in arrests for drug possession.

/ FEDERAL

The U.S. Department of Agriculture filed a rules change to fix typographical errors in hemp program regulations.

Rep Susie Lee (D-NV) tweeted a photo of herself touring a marijuana business, saying, “Legal cannabis is quickly becoming a major driver of jobs & economic growth in southern Nevada.”

Rep. Pramila Jayapal (D-WA) tweeted that revelations about a White House Office of National Drug Control Policy program that gives law enforcement access to Americans’ phone records “underscore the dire need to pass the Government Surveillance Reform Act and stop the buying of Americans’ sensitive data.”

/ STATES

Maine representatives discussed Chinese-run illegal marijuana growing operations in the state.

A Florida judge is set to decide in a case challenging increased medical cannabis business licensing fees.

New York regulators sent an open letter to marijuana equity applicants attempting to explain the delay in reaching a settlement of a lawsuit that has prevented more dispensaries from opening.

Oregon regulators published a bulletin on marijuana tax compliance rules.

Colorado Natural Medicine Advisory Board subcommittees submitted recommendations.

Alabama regulators will consider approving an agreement to settle litigation against their medical cannabis business licensing process on Monday.


Marijuana Moment is tracking more than 1,000 cannabis, psychedelics and drug policy bills in state legislatures and Congress this year. Patreon supporters pledging at least $25/month get access to our interactive maps, charts and hearing calendar so they don’t miss any developments.

Learn more about our marijuana bill tracker and become a supporter on Patreon to get access.


/ LOCAL

The Rainier, Oregon City Council passed a resolution calling on state lawmakers to repeal the voter-approved drug decriminalization law.

/ INTERNATIONAL

The St. Kitts and Nevis agriculture minister discussed his agency’s new role in regulating medical cannabis.

A Toronto, Ontario, Canada City Council member is asking provincial officials to explain how cannabis revenue is being allocated.

/ SCIENCE & HEALTH

A study of patients with cancer-related refractory pain found that medical cannabis “can effectively improve symptoms in non-responsive patients, with favourable safety profiles for this vulnerable population.”

A study “observed a correlation between the president’s statements on marijuana policy and subsequent state actions.”

/ BUSINESS

High Tide Inc. announced that insiders purchased 125,917 shares in the company.

A federal judge rejected a disability discrimination lawsuit lawsuit filed against Dayton Freight Lines Inc. by a former worker who claimed he was improperly fired due to medical cannabis use.

Arkansas dispensaries sold $22.5 million worth of medical cannabis products in October.

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