Will Medicare Ever Cover Medical Marijuana? – 20% of Medicare Members Currently Use Medical Cannabis

March 26, 2023 · Cannabis.net

Will Medicare Ever Cover Medical Marijuana? Medical marijuana is becoming increasingly popular among older adults as a treatment for various conditions. However, despite its growing acceptance, uncertain safety standards, conflicting laws, and complex regulations could delay Medicare coverage for years. In April 2022, the Medicare Plans Patient Resource Center conducted a survey showing that 20% of Medicare beneficiaries presently use medical marijuana, and nearly a quarter has used it before. The study revealed that 66% of the respondents believe Medicare should cover… Read more.

Texas Trip: The future of psychedelic therapy was a hot topic at SXSW 2023

March 26, 2023 · San Antonio Current

Although the topics at Austin's annual SXSW festival tend to skew toward tech and pop culture, this year's was awash in discussions on the future of psychedelic therapy. At least 20 separate keynote speaker sessions addressed the topic, ranging from "Open Minds: Innovations in Consciousness, Psychedelics & Mental Health" to "Psychedelic Tech: Consciousness in the Modern Age." There was even a psychedelics-related networking event. "It's definitely the future of therapeutic healing," said Alexander Hill, an Austin-based health and wellness entrepreneur,… Read more.

Why Do the Majority of Women Hide Their Cannabis Use from Friends and Family?

March 24, 2023 · Cannabis.net

According to a recent study by The Harris Poll commissioned by cannabis retailer MedMen Enterprises, many American women age 21 and older regularly use cannabis. The study, held between February 28 and March 2, 2023, featured 1,020 women nationwide. According to the findings, 37% of those polled admitted to consuming marijuana, with over a quarter of them doing so at least once a month. An interesting finding from the survey was that women mostly use cannabis for medical reasons, such as… Read more.

New York’s Long Island opts out of marijuana retail, limiting options for store operators

March 24, 2023 · MJ Biz Daily

When New York regulators announced plans to double recreational marijuana retail licenses to 300 for social equity applicants, local cannabis operators and other industry advocates applauded the news. But behind the scenes, concerns were mounting over the challenge of finding affordable cannabis real estate across large parts of the state because of zoning and commercial restrictions. About half of New York’s 1,520 municipalities have opted out of adult-use retail, according to the Rockefeller Institute of Government, a public policy think tank based in Albany.… Read more.

Nevada Senators Discuss Psilocybin Legalization Bill In Committee, Including Amendment To Increase Possession Limit

March 24, 2023 · marijuanamoment.net

Nevada senators held a hearing on a bill to legalize the possession of psilocybin on Thursday, discussing a proposed amendment to remove therapeutic use provisions and taking extensive testimony from advocates and experts—including from an Assembly lawmaker who shared his own experience with ketamine treatment. The Senate Health and Human Services Committee took up the legislation from Sen. Rochelle Nguyen (D), which under the amendment would remove criminal penalties for possession of up to six ounces of the psychedelic for adults… Read more.

Swiss Government Approves Cannabis Legalization Trial

March 24, 2023 · Ganjapreneur

Switzerland’s government has approved a trial to legalize the sale and consumption of cannabis and assess the social and economic benefits of regulating cannabis products, CNBC reports. Starting this summer, a test group of 2,100 Zurich residents will be allowed to purchase regulated doses of cannabis for personal use from pharmacies, dispensaries, and social clubs in the city.  As part of the study, participants will be expected to answer a questionnaire every six months on their cannabis consumption habits and health effects. The study is conducted in collaboration… Read more.

Oregon Company Defends Federal Lawsuit Challenging The State’s Ban On Cannabis Exports

March 24, 2023 · marijuanamoment.net

An Oregon marijuana business challenging the state’s ban on interstate cannabis commerce asked a federal judge last week to allow the case to be heard in court, arguing that the company has a “right to operate its business—federally legal or not—free of unconstitutional state laws such as the export ban.” The cannabis wholesaler, Medford-based Jefferson Packing House, sued Oregon officials in November in an effort to overturn the state export ban. Its attorneys claim the law violates the U.S. Constitution’s Dormant Commerce… Read more.

South Dakota Gov. Vetoes Bill to Raise THC Threshold for Hemp Crops

March 24, 2023 · Ganjapreneur

South Dakota Gov. Kristi Noem (R) on Thursday vetoed a bill to raise THC levels allowed for unprocessed industrial hemp from 0.3% to 5%. Raising the THC threshold to 5% would have allowed for another processor to extract THC as it develops more uses for hemp after the initial process is completed.  In her veto statement, Noem said the proposal would have changed the definition of “product in process” by increasing the THC limits which would have allowed hemp products and crops in… Read more.

No Federal Legalization, No Problem -$71,000,000,000 in Legal Cannabis by 2030 Says NFD?

March 24, 2023 · Cannabis.net

Gary Allen, CEO of New Frontier Data, announced the release of the 2023 U.S. Cannabis Report: Market Updates & Projections, which provides insights into the current and future state of the American cannabis market. The report is sponsored by Cannacare Docs and includes information on sales, consumers, supply, and pricing for both adult-use and medical cannabis. Allen predicts a promising future for the industry, citing the emergence of new markets to offset the stabilization of established ones. According to New Frontier… Read more.

Judge tosses Arkansas marijuana dispensary applicant’s suit over scoring

March 24, 2023 · MJ Biz Daily

A federal judge in Arkansas dismissed several claims by a medical marijuana dispensary applicant, including tortious interference and racial discrimination during the state’s license-evaluation process. According to Law360, U.S. District Judge James Moody Jr. ruled that tortious interference doesn’t apply to the claim made by Absolute Essence because it’s still an applicant and doesn’t have any property or business rights. Absolute Essence’s suit in February 2022 alleged that the company that state regulators hired to score applications, Public Consulting Group Holdings and… Read more.

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