Vox points out: Cannabis is one of the fastest-growing industries in the US; sales of adult-use and medical marijuana products hit $25 billion in 2021 and, by one Wall Street estimate, could reach $100 billion by 2030. Any person caught with any usable amount of marijuana here will be charged accordingly, El Paso Police Sgt. The president has long opposed pot legalization. The U.S. House passed legislation Friday to legalize marijuana nationally, but its future is much less clear in the Senate. US Senate holds historic first hearing on marijuana legalization bill By John Schroyer, Chief Correspondent July 26, 2022 - Updated July 26, 2022 Women, minority execs show few gains in U.S. cannabis industry, according to the latest data from the MJBiz Diversity, Inclusion and Equity Report. Weve created an incredible opportunity for economic growth in communities across the state, from Sunland Park to Clovis to Raton. Ahead of a House vote on a federal marijuana legalization bill this week, the. In addition to Republicans general tough-on-crime opposition to weed, this is another major factor plaguing the prospect of legal pot. 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. authored an op-ed calling on Missouri lawmakers to pass a marijuana legalization bill. reported quarterly revenue of $305.3 million and a net loss of $71.5 million. In an effort to eliminate sign stealing, Major League Baseball says catchers may use a new electronic signal system to call pitches this season. Cannabis legalization efforts in Congress have been a series of hits and misses during the Joe Biden administration, even as Congress juggles more cannabis-related bills than ever before. Colorados largest compost processor will no longer accept packaging and paper products, Small liquor stores pivot to more food and delivery as Colorado grocers roll out wine sales, Peloton for horses: Colorado sisters launch equestrian coaching app, Bill for tougher auto theft penalties advances at Colorado legislature. 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 formally cleared a federal marijuana legalization bill for floor action this week. Marijuana Moment is already tracking more than 1,000 cannabis, psychedelics and drug policy bills in state legislatures and Congress this year. Last week, the CDC quietly changed the number of COVID-19 deaths in America, adjusting the figure downward by 72,000 deaths because of a coding error. While the number of COVID-19 deaths still stands at well above 968,000 and even that number may be an undercount the error adds to the chatter that the CDCs data cannot be trusted. He also has an extensive background in federal policy matters, particularly those related to health care and Shahiedah Shabazz is an Associate in ArentFox Schiff's Chicago and Los Angeles offices. 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. Draft the To Each Their Own: Agency Must Consider Experience of Each Partner in CMS Updates List of Telehealth Services for CY 2023, What You Need to Know About the New Tariffs on Imports from Russia. If passed, the proposed amendment to the Fiscal Year 2023 federal spending legislation would also extend the current prohibition to activity in compliance with adult use cannabis laws. This weeks House vote to legalize cannabis is one step in that direction., tweeted, Our nations anti-marijuana laws are rooted in our countrys racist past and disproportionately target communities of color. ET The long-awaited federal cannabis legalization bill has made its way to the Senate. The Anthony, Texas police chief said hes concerned that a rise in marijuana arrests as neighboring New Mexico launches legal sales will increase response times to any other crimes that are occurring. IE 11 is not supported. Some stocks to watch closely are the following: Copyright 2023 Market Realist. Will the U.S. Supreme Court Make Marijuana Legal? 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. But his House GOP colleague, Rep. Nancy Mace of South Carolina, warns that a piecemeal approach will always leave the hardest pieces behind. (AP Photo/Ron Blum). Gallup polling found similar doubts about the CDC. M arijuana could become legal in nearly half of the U.S. following the 2022 Midterm Electionsif voters in five states pass the ballot measures before them on Nov. 8. Washington State regulators approved a rule proposal on pesticide testing action levels for cannabis. SAFE Banking is up against an age-old problem in Congress, one that crops up around thorny issues. Barbados, Bulgaria, Estonia and Uruguay each gained their first billionaires ever. The bill will require 60 votes to pass in the Senate, means it needs the backing of all Democrats and at least 10 Republicans. All Rights Reserved. Senate majority leader Chuck Schumer is leading the efforts to lift the ban on cannabis at the federal level. As of this alerts publication date, the amendment had received approval from the House Appropriations Committee and is expected to receive a vote from the House in mid-September. Following todays action in the House, it is now time for the U.S. Senate to follow suit and take up the MORE Act., Morgan Fox, the political director of the National Organization for the Reform of Marijuana Laws, said, "The time has come for federal lawmakers to put aside partisan differences and recognize that state-level legalization policies are publicly popular, successful, and are in the best interests of our country.". that the percentage of U.S. workers testing positive for drugs hit a two-decade high in 2021 and that the number of companies testing for marijuana decreased by a large amount. A comprehensive article on the state of play for passage of legislation in the States was recently published in the Politico and is linked here and worth reviewing as well. But let me be clear: legalization must include expungement for those serving time for possessing small amounts of marijuana. Were a small independent publication diving deep into the cannabis world and rely on readers like you to keep going. 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. 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 state of Delaware came the closest, with its legislature passing a bill, which was vetoed by the governor. 2023 Colorado Public Radio. Democratic gubernatorial candidate Josh Shapiro, currently the attorney general, tweeted, Legalize marijuana. Texas remains the largest prohibition state in the country. Photo courtesy of Chris Wallis // Side Pocket Images. told fellow Republicans that he plans to vote against the federal marijuana legalization bill on the floor this week, while offering guidance on alternate approaches. California Assembly Bill Pushes for Womens Designated Restrooms on Mississippi Legislature Takes Up Pass-Through Entity Election FTC Signals Increased Scrutiny of Technology Sector Through Understanding the Corporate Transparency Act and Ensuring Compliance. It would also provide loans to help small businesses in the cannabis industry that are "owned and controlled by socially and economically disadvantaged individuals," a summary of the bill said. Here`s what we know about the 2022 federal legalization bill update. A former Curaleaf employee filed a class action lawsuit claiming that tips were illegally taken by managers and not distributed to hourly workers. House of Representatives rejected the Senates changes to a medical cannabis licensing bill. Sen. Marsha Blackburn (R-TN) said marijuana should be rescheduled so its medical benefits can be studied. Senate votes down cannabis legalization bills, dashing supporters' hopes for 2022 By: Ethan DeWitt - April 29, 2022 5:42 am A recent poll by the University of New Hampshire found that 74 percent of the state's residents support legalizing marijuana. CGC stock may appeal to bargain hunters, at 70 percent below its recent peak. Two-thirds of Democrats said they trusted the CDCs COVID-19 response but only one in five Republicans said the same. Listen now. The National Law Review - National Law Forum LLC 3 Grant Square #141 Hinsdale, IL 60521 Telephone (708) 357-3317 ortollfree(877)357-3317. TLRY stock is more than 50 percent below its recent high. initiatives on allowing and taxing recreational marijuana sales were invalidated by a judge who found that the city violated its charter by putting them on the ballot. In Arkansas, Maryland,. Proposed Nursing Home Disclosure Requirements Target Private Equity Companies and How to Make the Best Out of Your Employees Inventions Applicable Rules and Best Practices for Global Companies, Key Changes Are on the Horizon for Retirement Plans, McDermott IP Focus (Japan) 2023 - Life Sciences Session: Pharma Brands v. Generics: Developments Affecting the Balance Between Exclusivity and Market Entry, The Final CCPA Regulations: What You Need To Know. IT'S HAPPENING! "Now it is time for the federal government to follow suit," she said. Check out Brilliant and get 20% off!! 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. Instead of modernizing its information systems, to choose but one example, the agency has sought a role in solving more high-profile social problems. federal legalization bill 2022 vote date Tatko na pesmaricu. I would have liked us to be stronger in denouncing it, in hindsight, he said. Updated April 15, 2022 at 7:30 a.m. Colorado Democratic Congressman Ed Perlmutter has been on a mission some might describe him as relentless trying to get Congress to pass his SAFE . A Missouri representative said his marijuana legalization bill takes the best aspects of policies in other states. Like other advocates, Littlejohn wants the federal prohibition to end, and admires the goal Booker and lawmakers are trying to accomplish in dealing with a problem decades in the making. There are a fair number of people in their 20s and 30s on the list; 86 people on it are under age 40 and a dozen are under age 30. (Getty Images) House begins cannabis debate with Pelosis support (Newsletter: April 1, 2022), NJ legislators review unacceptable cannabis delay (Newsletter: March 30, 2022). The Hill also adds this spirited commentary on how a reformed CDC might emerge stronger. 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