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ARMADAIn the days of the Armada, a fleet of warships, the scuttlebutt was the rumor or gossip that would spread throughout the ship. Today, Armada Law Corp presents The Scuttlebutt, a daily summery of news articles that people within the cannabis, hemp and plant medicine industries are chatting about along with links to the full articles.
In today’s news:
#psychedelicresearch – “For this, researchers are recruiting Gold Star Wives, those whose spouses died while serving in the military. Thirty participants will be studied: 15 will be given psilocybin which comes from specific mushrooms; five will take 5-MeO-DMT, a psychedelic derived from the venom of a toad; and the other 10 will not receive anything.
The Mission Within will administer the psychedelics outside the U.S. Participants will be brought to Austin for a series of tests before and after taking the psychedelics to measure their impact.
“We think psychedelics disrupt those [depressive] patterns and allow the brain to operate in new ways that weren’t otherwise possible before,” Fonzo said.
All participants will undergo brain scans called functional magnetic resonance imaging, or fMRI, which can measure how the brain responds in real-time.”
#californiacannabis – “The investigation revealed four armed men approached an employee to gain access to the dispensary.
“The men held the employees at gunpoint and stole merchandise and currency from the store,” the post’s author wrote, adding that officers canvassed the scene for evidence and witnesses.
A surveillance camera image from the store was posted on the Suisun City Police Department’s Facebook page. It showed three men, two of them holding semi-automatic handguns. Slimly built, each wore black hoods and were masked.”
#cannabispolitics – “Nearly a week after elections made Maryland and Missouri the 20th and 21st states to legalize marijuana for adult recreational use, a bipartisan group of lawmakers at a U.S. House of Representatives subcommittee hearing urged Congress on Tuesday to enact cannabis reform on a federal level.
During the hearing, members of the Subcommittee on Civil Rights and Civil Liberties examined what many consider to be the benefits of cannabis decriminalization at the federal level. Rep. Jamie Raskin, D-Md., chair of the subcommittee, said decriminalization’s advantages range from improving racial disparities in the criminal justice system and policing to expanding treatment options for veterans suffering from PTSD and other ailments.
“We should not be ruining people’s lives over this. I think the country has made its judgment. It’s time for Congress to catch up,” Raskin said.”
https://www.law360.com/articles/1548640/lawmakers-urge-house-committee-to-act-on-pot-reform
#californiacannabis – “A slow but steady years-long trend of licensed marijuana companies in California not paying all of their bills might be nearing its climax, industry insiders warned, and a wave of business failures is on the way if the debt bubble explodes.
The lack of overall profitability for several years running – along with myriad other financial challenges – has led many businesses to shuffle payments around, delay payments to vendors, or not to pay at all, industry insiders said.
The amount of overall debt carried by legal operators is hard to pin down, but one industry leader pegged it at more than $600 million.”
https://www.greenmarketreport.com/california-cannabis-debt-bubble-on-verge-of-bursting/
#employmentlaw – “It may seem obvious to most, but neglecting your organization’s human resources function can lead to innumerable problems, which can have a costly impact on businesses. Two primary areas of documentation are critical to have in place – the individual employment agreement and the employee handbook. Additionally, the appropriate liability protection in the form of Employment Practices Liability Insurance should be considered.”
#cannabisindustry – “Kentucky Governor Andy Beshear announced on Tuesday he’s taking executive action to allow Kentuckians with certain health conditions to use and possess medical marijuana purchased in another state starting on Jan. 1. 2023…..
There will be certain conditions to qualify. First, the cannabis must be lawfully purchased in the United States in a state where the purchase is legal and regulated. There must also be a receipt that proves that the cannabis was bought in one of those places.
Second, the amount a person can purchase and use at any time must not exceed eight ounces.
Third, the person must have a certification from a licensed health care provider that shows a diagnosis of one of 21 defined conditions, which include “cancer, multiple sclerosis, post-traumatic stress, stress disorder, muscular dystrophy, a terminal illness, and others.””
