Tag: Washington

Researchers Aim To Combine Psilocybin and Cannabis Into Single Medical Treatment According to a product patent from the renowned marijuana laboratory, CaaMTech, substantial strides have been made in developing a comprehensive treatment that combines cannabinoids and psilocybin for treating both physical and mental health concerns. Located in Issaquah, Washington, less than 20 miles southeast of Seattle, CaaMTech is aggressively researching the interactions between these two chemicals as well as the potential effects on physical and mental health. The initial stages of their enhanced… Read more.

Combining cannabinoids with psilocybin into a single formula for treating both physical and mental health issues took another step closer to reality as described in a product patent from a major cannabinoid laboratory, CaaMTech. CaaMTech, based in Issaquah, Washington, less than 20 miles southeast of Seattle, is analyzing how the two substances interact with each other as well as the specific physical and mental health outcomes that can be expected. Their purified psilocybin-cannabinoid product is in the early development stages… Read more.

As there has been a rise in cases where seniors have consumed excessive amounts of cannabis, doctors caution seniors on the appropriate consumption methods. Consuming cannabis edibles, in particular, can lead to panic attacks if consumed without proper guidance, although the physical risks are typically minimal. According to a report from KOMO News in Seattle, doctors aim to educate seniors on preventing panic and avoiding unnecessary emergency room trips. This can be achieved through simple education about the distinct effects of edibles,… Read more.

Following voters' narrow approval of a measure on the 2022 November ballot, Colorado became the second state in the U.S. to legalize the use of psychedelic drugs. This decision indicates the increasing acceptance and use of psychedelic substances nationwide. So far, a dozen counties and cities in the U.S. have decriminalized psilocybin or psilocin, two psychedelic compounds found in "magic mushrooms." As we covered at the Benzinga Psychedelics Show in Miami, what states are more being more progressive about LSD, mushrooms, and… Read more.

A recent report from the Marijuana Policy Project revealed that tax revenue from adult-use cannabis experienced a decline across legal states in 2022, marking the first time this has occurred in the United States. While sales tax from cannabis still generated a respectable $3.77 billion, this figure was slightly lower than the $3.86 billion generated in 2021. Despite declining adult-use cannabis tax revenue in 2022, states reported over $15.1 billion in tax revenue from legal cannabis sales for adults. This figure reflects sales… Read more.

State lawmakers have until July to pass a new drug possession statute in response to a 2021 Supreme Court decision that invalidated the old law. Since the Legislature failed to pass a compromise bill on Sunday night before the 2023 regular session ended, a special session likely will be called to finish this work. Senate Bill 5536, one of the last bills debated in the 105-day legislative session, failed 43-55 in the Democratic-controlled House. Several Democratic lawmakers voted against the… Read more.

A bill to allow interstate marijuana commerce in Washington State is officially heading to the governor’s desk. The House approved the Senate-passed legislation from Sen. Ann Rivers (R) on Wednesday, but members adopted a minor amendment that required concurrence from the opposite chamber. That happened on Friday, meaning the bill is now on its way to Gov. Jay Inslee (D) for his signature. The measure would allow the governor to enter into agreement with other legal cannabis states, pending a federal policy change “to… Read more.

Washington state lawmakers have approved a measure that prohibits denying an individual a job due to their off-the-clock cannabis use, the Washington State Journal reports. The measure still requires reconciliation as the House version excludes safety-sensitive positions – such as first responders or corrections officers – from protection under the bill, while the Senate version does not include those exemptions. Both bills would prohibit discrimination from employers in the hiring process if it is based on an applicant’s cannabis use off-the-clock or if an employment drug… Read more.

A bill to allow psychedelic therapies in Washington state has stalled, but lawmakers are considering legislation to allow military veterans and first responders to access a pilot program for the treatment, the Seattle Times reports. The pilot program bill has passed the Senate and last week was approved by the House Committee on Health Care and Wellness.  Under the measure, pilot program participants would have to be 21 and older, and have experienced substance use disorder, depression or anxiety, or post-traumatic stress disorder.… Read more.

A bill proposed in Washington state would add about 100 retail adult-use cannabis dispensary licenses which would be set aside for social equity applicants, KING 5 reports. The measure is backed by the state Liquor and Cannabis Board (LCB) which recently reported that 92% of cannabis license holders in the state are White and just 4% of retail cannabis licenses went to Black applicants.   The measure is sponsored by State Sen. Rebecca Saldaña (D) who told KING 5 that the state’s cannabis program “really set… Read more.

The Washington Senate has approved a ban on discriminating against cannabis use during the hiring process. The Washington Senate voted 28-21 in favor of a bill on Wednesday that would block employers in the state from refusing to hire someone because they tested positive for cannabis on a drug test, the Seattle Times reports. The bill’s sponsor, Sen. Karen Keiser (D), introduced a similar bill last year but the proposal never reached the floor for consideration. The proposal moves next to the… Read more.