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- May 15, 2023
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The Scuttlebutt Featuring Articles About New York Adds 50 Additional Cannabis Licenses, A Congresswoman Is Requesting That Cannabis Be Added To The US Botanical Garden and More
In 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:
#cannabisindustry – “Cannabis regulators in New York on Thursday issued 50 additional licenses to operate an adult-use marijuana business in the state, growing the number to 215 licenses awarded since the marketplace went into effect.
The new licenses were announced as a social equity and economic plan, a move meant to expand the development of the legal cannabis market in New York.”
https://spectrumlocalnews.com/nys/buffalo/ny-state-of-politics/2023/05/11/new-york-cannabis-regulators-approve-50-more-licenses
#psychedelics – “Psilocybin was first subjected to federal regulation in 1965 and subsequently banned under federal law in 1968. In 1970, psilocybin was officially classified as a Schedule I substance and simultaneously labeled a “hallucinogen” under the federal
Controlled Substances Act. The statute defines Schedule I substances as those with no accepted medical use and a high potential for abuse. As a result, research into any potential health benefits came to a halt.
It wasn’t until more recent years that research into the potential health benefits of psychedelic mushrooms reemerged in earnest. Clinical trials began to indicate promising effects of psychedelics on depression, suicidality, substance use, and posttraumatic stress disorder. Members of the scientific community now suspect that psilocybin supports neuroplasticity, restoring the number of neuronal connections and ameliorating longstanding psychiatric problems.”
https://www.lexology.com/library/detail.aspx?g=5e6920a1-7ae1-43f1-99c9-253d1f503b3d
#psychedelicsresearch – “The new license will allow Slot and his colleagues to study what’s known as the “entourage effect,” where different chemicals that are made by the fungus may be enhancing or affecting the psychedelic experience.
The hope is the research could lead to new treatments for mental health issues and perhaps a host of other maladies.
“We could be looking at anti-cancer properties or anti-microbial properties. There’s a lot of things that fungi make that influence the other things in their environment, the other organisms in their environment,” Slot said. “We can’t necessarily predict what those functions are going to be until we start testing.””
https://news.wosu.org/2023-05-12/ohio-state-granted-dea-license-to-grow-psychedelic-mushrooms-for-research
#cannabis – “Del.
Eleanor Holmes Norton (D), who represents Washington, D.C., in the House of Representatives, wants marijuana plants to be featured in the U.S. Botanic Garden.
“As this country moves towards legalizing cannabis, I asked the Botanic Garden to display marijuana plants for the first time, esp[ecially] given its impact on the economy,” Norton said in a tweet. She added that this ask follows an earlier request for the garden to display hemp, which she’s “pleased it now does.””
https://thehill.com/homenews/house/4000346-congresswoman-wants-marijuana-plants-displayed-at-us-botanic-garden/
#psychedelics – “Research published in Psychological Medicine suggests that LSD can help people learn faster when receiving feedback and enhances exploratory behavior. The study investigated the effects of LSD on learning and decision-making in humans, with the ultimate goal of identifying the psychological mechanisms by which LSD could have potential therapeutic benefits for mental health.
The researchers found that LSD increased the speed at which participants updated their expectations based on feedback, making them quicker to learn from their experiences than those who took a placebo. Additionally, those who took LSD were more exploratory in their behaviour, meaning that they were more likely to try new options when making decisions. By enhancing the rate at which people learn from feedback and increasing exploratory behavior, LSD may help individuals with mental health issues break free from negative thought patterns and develop new, more positive associations.”
https://www.psypost.org/2023/05/science-recently-uncovered-these-5-fascinating-facts-about-psychedelic-substances-159800
#marijuana – ” The idea that it’s racist has its origins in the conspiracy theories of a hugely influential marijuana activist named Jack Herer. Back in the 1980s, Herer claimed that Harry Anslinger of the Federal Bureau of Narcotics and William Randolph Hearst, the newspaper publisher, made a conscious effort to use the word “marijuana” in order to more closely associate the drug with Mexican immigrants and in that way demonize it. Herer argued that this word was hardly known in the United States before the 1930s, but then Anslinger and especially Hearst consciously made an effort to popularize it. But he just made that up as far as I can tell. I’m not aware of a single shred of evidence that any decision was made by anyone to use this word which is simply the common Mexican term for intoxicant and medicinal cannabis. And it’s now clear that the word just came into the American lexicon quite naturally beginning in the 1890s, as news of this drug began spreading from Mexico. I demonstrate this in detail in the ninth chapter of my book. And that news already came with lots of frightening details given that in Mexico, marijuana was widely believed to cause madness and violence. Anti-Mexican attitudes weren’t necessary to demonize cannabis, as Mexicans had for decades themselves been demonizing cannabis.”
https://abq.news/stories/cannabis-or-marijuana,27492
#cannabisindustry – “A day after New York cannabis regulators advanced a proposal that would expedite the entry of existing medical marijuana sellers into the general adult-use retail marketplace, those companies say the changes are insufficient and the proposed fees unlawful.
The proposed rules advanced by the Cannabis Control Board on Thursday would allow medical cannabis operators — so-called registered organizations — to convert up to three of their dispensaries to perform recreational sales for a “one time special licensing fee” of $20 million.
Under the proposed regulations, registered organizations would be able to open their first co-located adult-use and medical dispensary after Dec. 29, and a second and third store after June 29, 2024.”
NY Medical Pot Cos. Call Proposed Regs’ $20M Fee ‘Illegal’: https://www.law360.com/articles/1604577?utm_source=android&utm_medium=android&utm_campaign=android-shared
#californiacannabis – “The CMA plans to email each of the distributors and brands a “do not sell list” of 25 California retailers that don’t pay their bills on time – a seismic problem in the world’s largest cannabis market and across the United States.
The “red” list, according to group members, highlights retailers and delivery providers that owe at least $25,000 for products and are 90 days late or more on payments, often categorized as delinquent.”
https://mjbizdaily.com/california-cannabis-companies-hire-credit-group-to-monitor-retailers-over-unpaid-invoices/
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