ICBC report In a move that is well-timed – namely right before the new Swiss recreational cannabis trial begins, the Swiss Federal Court of Justice has decriminalized minor possession of cannabis. The ruling is in support of a District Court of Zurich decision in 2016 when a student refused to pay the fine for possessing […]
Marijuana Moment reports A pair of Washington State lawmakers this week introduced legislation that would legalize what the bill calls “supported psilocybin experiences” by adults 21 and older. If enacted, the Psilocybin Wellness and Opportunity Act would allow individuals to consume products containing psilocybin and psilocin, the two main active ingredients in psychedelic mushrooms, under […]
State senators Joe Bolkcom, Janet Petersen, and Sarah Trone have called for new legislation to authorize the use, possession, sales, and overall establishment of a recreational cannabis industry in the state. Without an amendment of the current laws, persons found smoking, dealing, or cultivating cannabis in Iowa risk being sentenced to many years in a correctional facility. The state's Democrats are tired of this archaic law, and they are calling for change.
Madeline Endres, Kevin Boehnke, and West Le Weiner recently co-authored a publication that studies the cannabis usage pattern, perception, and motivation of software programmers in the country. The trio set out to determine whether or not software developers rely on cannabis to get into the right zone to debug or create unique codes. In this survey of programmers' cannabis inclinations, the authors based their findings on 803 developers.
Plant medicines are incredibly useful, but difficult for researchers to understand due to a mixture of functions. For example, a new study discovered an intricate relationship between certain terpenes, THC, and pain management. According to a new study, terpenes interact with the endocannabinoid system (ECS) depending on the type of injury — for better or […]
Harris Bricken is pleased to announce the Psychedelics Law Blog! The Psychedelics Law Blog is a forum for discussing and analyzing the impact of psychedelics laws and reform on industry stakeholders, including health care operators, entrepreneurs, investors, regulators, advocates and others. On this new blog, we will continue to cover the psychedelics law and policy
Regardless of what anyone thinks, the absence of federal reforms is putting a massive strain on the cannabis industry across the country. Majorly because of the lack of better policies, cannabis stocks are still not worth what they should be. This year, the stocks skyrocketed due to various states' introducing their unique reforms. However, this does not excuse the need for a general overhaul that affects the country.
There is a definite schism within the Democratic Party. On one hand, there are a bunch of senators trying to remove cannabis from the Controlled Substance Act. And on the other hand – the President. A President who was supposed to be the polar opposite of President Donald Trump, however, are quite close to the orange menace in approval ratings.
Finally, a European country has made the big decision to legalize cannabis use, possession and sales. The government of Malta announced this new law on Tuesday last week. It explained that the law had been put in place to decriminalize the use of cannabis within the country and limit the occurrence of cannabis trafficking within and around the country. Marijuana was removed from a list of the world's most dangerous drugs by the United Nations in December 2020, and several countries are now taking a more liberal stance.
Visa issued this compliance memo on December 2. The memo cites that the financial giant is well-aware of the ongoing scheme practiced by cannabis merchants to conceal cannabis-related transactions. The memo explains that cashless ATMs are not meant to disburse cash to cardholders; instead, they are POS devices that should be used with payment applications that are similar to regular ATMs. The cashless devices are used for purchases that are falsely labeled as ATM cash withdrawals. Purchase amounts are frequently rounded up to simulate a cash disbursement.