Welcome to the latest edition of NORML’s Weekly Legislative Roundup! At the federal level, the SAFE Banking Act was reintroduced this week by Senators Jeff Merkley (D-OR) and Steve Daines (R-MT), along with 27 other members of the Upper Chamber. The House companion was already reintroduced last week. Adult use marijuana legalization legislation died in […]
This week, a letter led by Representatives Earl Blumenauer, Don Beyer, Jared Huffman, Mondaire Jones, Barabara Lee, and cosigned by 25 other members, called on the Biden Administration to “…act within its power to stop legitimizing unfair cannabis laws.” The letter was sent on the heels of reporting in The Daily Beast, alleging that “dozens of […]
The U.S. hemp textiles supply chain has to start somewhere, so it might as well begin with T-shirts, according to one North Carolina-based apparel manufacturer. Developing a domestic hemp fiber supply chain in the U.S. could help create a transparent, sustainable, profitable industry that will pay farmers a living wage for their crops while avoiding […]
Charlotte’s Web Holdings Inc. lost $15 million last quarter, a narrower loss than the same period in 2019, as the company trimmed operating expenses and posted gains in both direct-to-consumer sales and B2B sales over the fourth quarter of 2019. Still, the CBD giant based in Boulder, Colorado, saw wider losses for 2020 overall compared […]
Early results of an industry-sponsored, human-safety study on hemp-derived CBD consumption show no evidence of liver toxicity or disease in its 839 participants. The study also found no increase in the prevalence of elevated liver-function numbers compared to a group with a similar incidence of medical conditions. Those results were provided by Validcare, a Denver-based […]
The big news today is that a bill to legalize marijuana in New York has finally been crafted. Here are the bits that you need to know (via NYT): Creates “consumption sites” where marijuana can be smoked legally, but not alcohol. Allows delivery services for marijuana. Allows citizens to cultivate up to six marijuana plants […]
Significant financial returns are still elusive for many hemp-products manufacturers, with only 8% of respondents to the Hemp Industry Daily survey saying their companies were “very profitable” in 2020. But the segment is getting there, with one-third of processor respondents noting their businesses were “somewhat profitable.” At the same time, 42% of respondents said their […]
Federal agriculture officials are opening up more economic assistance to farmers feeling the impact of the coronavirus pandemic and related market disruptions. U.S. Secretary of Agriculture Tom Vilsack on Wednesday announced the agency would devote “at least $6 billion” to a new initiative – the USDA Pandemic Assistance for Producers – aimed at reaching more […]
One of more heartwarming efforts in Cannabis legalization is seeing money go to those most affected by the War on Drugs. These are typically communities with a high percentage of people of color. It’s being written into bills in Illinois and New Jersey, and more movement is occurring in Colorado. Since being the first state […]
The process for regulating CBD was dealt another setback Tuesday with the resignation of Dr. Amy Abernethy, who will leave the U.S. Food and Drug Administration in mid- to late April. Abernethy’s resignation was announced in a memo from acting FDA Commissioner Janet Woodcock. Abernethy has served as the FDA’s principal deputy commissioner and acting […]
