Cannabeat is a weekly digest of news, business, and culture in the cannabis industry curated by members of Emerge Law Group’s distinguished Cannabis Industry Group.
Federal Legalization
SAFE Banking cannabis bill included in US House defense bill
The U.S. House of Representatives, as expected, voted Thursday to include the SAFE Banking Act in the fiscal year 2023 Defense budget bill.
Senate Marijuana Legalization Bill ‘Could Come’ Next Week, But Congressional Sources Push Back On Report About Timeline
The introduction of a long-awaited Senate bill to federally legalize marijuana is imminent, with two Senate sources telling Marijuana Moment on Thursday that the legislation could be filed “as early as next week.” It’s been a year since Senate Majority Leader Chuck Schumer (D-NY), Senate Finance Com…
New York
N.Y. cannabis regulators approve rules for retail marijuana sales, updates to medical program
New York’s Cannabis Control Board gave the green light to a licensing program proposed earlier this year that prioritizes “justice-involved individuals” as well as an online application portal that will go live likely next month.
California
World’s Biggest Pot Economy Just Inhaled More Fiscal Stimulus
Welcome to this week’s look at what’s happening in cannabis and psychedelics. My inbox is full of pitches about how to live your best summer with weed and CBD. More interesting, perhaps, is whether California’s legal cannabis industry will finally get a leg up on the state’s thriving black market.
CA marijuana growers ‘struggling across the board’: Q&A with industry insider Kristin Nevedal
Kristin Nevedal, manager of the Mendocino County Cannabis Department, talks about how California cannabis companies can work with regulators.
New Jersey
More N.J. cannabis workers unionizing as 4 companies negotiate contracts
Four major cannabis companies are negotiating contracts to unionize their workers. If all four go union by Labor Day, that would make eight in New Jersey.
Pennsylvania
Pennsylvania Governor Signs Marijuana Banking And Insurance Reform Bill Into Law
The governor of Pennsylvania on Monday signed a bill that includes provisions to protect banks and insurers in the state that work with licensed medical marijuana businesses. Pro-legalization Gov. Tom Wolf (D) approved the measure sent to his desk by the Republican-controlled legislature, which mirr…
North Dakota
North Dakota: Advocates Turn in Signatures for Adult-Use Legalization Ballot Measure - NORML
“Historically, North Dakota has long had one of the highest marijuana arrests rates in the nation, despite having among the lowest reported marijuana use of any state. Residents deserve the right to weigh in on and rethink this destructive policy.”
Business
Cannabis stocks are on the rise, but why?
A new bill with hopes to decriminalize weed could be introduced.
Medical Marijuana, Workers’ Compensation, and the CSA: Hazy Outlook for Employers As States Wrestle With Cannabis Reimbursement as a Reasonable Medical Expense
While each state has its own unique workers’ compensation program, workers’ compensation generally requires employers to reimburse the reasonable medical expenses of employees who are inju
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