Category: Uncategorized

Colorado Governor Signs Psychedelics Bill

Colorado Gov. Jared Polis signed a bill into law on May 23 that established a regulatory framework for psychedelic substances.  SB23-290, also called Natural Medicine Regulation and Legalization, was signed just a few weeks after it was approved in the Senate with House amendments. The bill was sponsored by Sen. Steven Fenberg and Rep. Judy […]

Marijuana Finance Company Updates Testimony On Banking Bill To Urge Passage Following Criticism From Stakeholders

A marijuana financial services company has revised its testimony on a congressional cannabis banking bill following pushback over remarks made at a Senate committee hearing this month where a compliance officer suggested a “pause” to further amend the legislation. Advocates and stakeholders were taken aback by the suggestion from Dama Financial, as it seemed to […]

Lucy Drops Amanita Mushroom-Based Microdose Line

The ancient use of mushrooms to improve physical and mental well-being is coming back full-swing. On Monday, Lucy Scientific Discovery Inc. unveiled Mindful, a functional Amanita mushroom-based product line that is now available at multiple retailers.  British Columbia, Canada-based Lucy Scientific Discovery is a psychedelics manufacturing company focused primarily on emerging psychotropics-based medicines, the latest […]

Rhode Island Governor Nominates Three for Cannabis Regulatory Board

The governor of Rhode Island on Wednesday nominated three individuals to a regulatory panel that will oversee the state’s legal marijuana programs. Gov. Dan McKee, a Democrat, announced his appointments to the Rhode Island Cannabis Control Commission, which “will oversee the regulation, licensing and control of adult use and medical cannabis in the Ocean State,” […]

Groups Push Senators To Add Marijuana Business Stock Exchange Access To Banking Bill

A coalition of marijuana advocacy groups is asking that a bipartisan marijuana banking bill be expanded to include provisions ensuring that cannabis businesses have access to all forms of financial services—including the ability to be listed on senior U.S. stock exchanges. In a letter sent to Senate Banking Committee leadership on Thursday, the coalition SAFE […]