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MT launches online hemp market; NJ gov & new ad tout legal marijuana benefits; OR psilocybin measure can help dying people find peace, ad says

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/ TOP THINGS TO KNOW

Marijuana Moment will be tracking the results of Tuesday’s votes on cannabis and drug policy reform ballot measures live, thanks to embedded vote counter tools sponsored by ETFMG | MJ. Bookmark our Live Marijuana Election Results page and keep it open tomorrow night so you can be among the first to know how key initiatives are doing.

• Of course, our team will also be publishing full stories as races are called, and we’ll be tweeting news and analysis as the night goes on, so stay tuned!

A new congressional bill would allow student athletes to finally monetize their success—but it would let schools and the NCAA block them from entering into sponsorship deals with marijuana companies.

Oregon’s first-of-its-kind ballot measure to legalize psilocybin therapy has the potential to ease mental suffering experienced by terminally ill people and help them find peace, a medical doctor says in a new TV ad.

New Jersey Gov. Phil Murphy (D) reiterated his push for the state’s marijuana legalization referendum as a new ad touts the economic benefits that will come if voters approve ending cannabis prohibition on Tuesday.

• “We’ll build an industry, it would be a revenue-generator. I think at first it would be modest, but ultimately will grow, I think, into several hundred million dollars in the state budget. Along with social justice, that’s a pretty good, winning combination.”

Montana’s Department of Agriculture launched a state-hosted online Hemp Marketplace where buyers and sellers of the crop—including seeds, fiber and derivatives like CBD—can connect.

/ FEDERAL

A federal judge dismissed a California marijuana grower’s lawsuit against another cultivator.

Democratic vice presidential candidate Sen. Kamala Harris (D-CA) reiterated a pledge to decriminalize marijuana and expunge records during a rally in Houston, Texas.

Sen. Rand Paul (R-KY) submitted a comment pushing back against proposed Drug Enforcement Administration hemp rules.

Sen. Cory Booker (D-NJ) tweeted, “My home state is on the verge of legalizing marijuana this fall. But we can’t stop there. We must also expunge records for marijuana offenses and reinvest in our communities. The end we seek is not simply legalization—it’s justice.”

Sen. Mark Warner (D-VA) tweeted a photo of himself visiting a hemp drying facility.

Rep. Carolyn Maloney (D-NY) responded to NORML thanking her for her work on marijuana by tweeting, “It’s the least we could do and after four years of Trump god knows we need it! In all seriousness, it’s LONG past time we legalized marijuana and addressed the injustice of non-violent marijuana offenses.”

The House bill to require the Food and Drug Administration to allow CBD as a dietary supplement got four new cosponsors for a total of 20.

Georgia Republican congressional candidate Angela Stanton King held a press conference to push for legalizing marijuana.

Texas Democratic congressional candidate Julie Oliver tweeted, “End the federal prohibition on marijuana, and expunge the records of all of those convicted solely of possession.”

Louisiana Democratic congressional candidate Ryan Trundle tweeted, “Marijuana is now legal for medical use or fully legal in all but 8 states.  It’s time for Congress to pass the Marijuana Opportunity, Reinvestment and Expungement Act and finally bring this industry out of the shadows. #endprohibition #legalization #legalizeitalready”

/ STATES

Colorado Gov. Jared Polis (D) tweeted, “Marijuana abuse and alcohol abuse are big problems. Both can be used responsibly and both can be used irresponsibly.”

Pennsylvania’s lieutenant governor tweeted, “This weekend is a great time to get started on your expedited application for a pardon of your minor cannabis-related offenses. Please take this chance to stop your past from ruining your future.”

Indiana Democratic attorney general candidate Jonathan Weinzapfel touted his support for legalizing marijuana.

Mississippi’s state health officer released a series of videos expressing concerns about the state’s activist-driven medical cannabis ballot measure.

New Jersey’s top medical cannabis regulator pushed back against a key senator’s plan to begin recreational marijuana sales soon after the election through current medical dispensaries.

Here’s a look at how New Hampshire’s state Senate elections could impact the prospects for marijuana legalization.

Ohio regulators are accepting petitions for new medical cannabis qualifying conditions.

A Missouri lawsuit challenging regulators’ medical cannabis business licensing decisions is now in a judge’s hands.

Maryland regulators adopted new hemp rules.

—
Marijuana Moment is already tracking more than 1,500 cannabis 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

Members of the Jersey City, New Jersey City Council are calling for marijuana tax revenue to be spent on public schools. The mayor tweeted, “I’m 100% supportive of dedicating any local taxes received from marijuana sales to the schools. Only change is that I think it’s important that we have a conversation w/the schools so that funds go towards some specific initiatives around social justice.”

/ INTERNATIONAL

New Zealand Prime Minister Jacinda Ardern explained her decision to vote for the country’s marijuana legalization referendum while not campaigning for it.

German lawmakers rejected legislation to legalize marijuana.

A UK teen is the first person in the country to receive National Health Service-funded medical cannabis.

/ SCIENCE & HEALTH

A study found that “phytocannabinoids can be a low-cost and well-tolerated therapy to reduce symptoms and increase the quality of life of patients with fibromyalgia.”

A study found that “the use of marijuana for medical reasons was 15.4% in the past year in this sample [cystic fibrosis] population, although more expressed interest if it was available through prescription” and that “side effects were rare.”

/ ADVOCACY, OPINION & ANALYSIS

Kevin Sabet of prohibitionist organization Smart Approaches to Marijuana pre-conceded defeat against state marijuana ballot measures being voted on this week.

The New Zealand Drug Foundation is calling on lawmakers to decriminalize marijuana possession and improve access to medical cannabis following early results showing a broader legalization referendum trailing.

Former South Dakota prosecutors and a police officer held an event to build support for the state’s marijuana legalization and medical cannabis ballot measures.

Former steering committee members for Mississippi’s medical cannabis campaign are now speaking out against the ballot measure.

/ BUSINESS

Altria Group reported a $105 million loss on its investment in Cronos Group.

HEXO Corp. reported net revenue from sale of goods of $27.1 million and a net loss of $169.5 million. It also proposed consolidating its shares.

The CEO of Organigram Holdings Inc. joined the board of directors of the Canadian Chamber of Commerce.

Green Thumb Industries’s CEO sold shares representing 19% of his ownership in the company through an LLC.

Wellness Connection is seeking to intervene or join as a defendant in a lawsuit challenging regulators’ decision to grant licenses to marijuana businesses with some out-of-state ownership.

/ CULTURE

Travel writer Rick Steves published an op-ed urging New Jersey voters to approve a marijuana legalization referendum.

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Photo courtesy of Chris Wallis // Side Pocket Images.

The post Cannabis sponsorships blocked for student athletes in House bill (Newsletter: November 2, 2020) appeared first on Marijuana Moment.

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