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It's #420 #somewhere - a show where we have industry members on to discuss our favorite plant-based business.  Today we have Todd Sullivan from #Cannapreneur partners on.

https://cannapreneurpartners.com/

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Will SAFE Banking Pass in Lame Duck Session??  Cannabis Legalization News for November 27, 2022. 


Politico is reporting - SAFE Banking may get over the finish line - we know it has sailed through congress many times, but will it make through the senate? 

The SAFE Banking Act has already passed the House in some form six times. But it’s been stuck in the Senate, where it either went too far for certain Republican leaders or not far enough for progressives.

“We're serious. We want to do this,” Senate Banking Chair Sherrod Brown Brown said. “I'm actually fairly optimistic and hopeful that we will come to an agreement.”

The specter of a Republican-led House has lit a fire under proponents of cannabis banking legislation, according to three House and Senate staffers involved in discussions on both sides of the aisle.

Will Republicans block SAFE Banking next congress - share your thoughts with us. Hit them like buttons while you’re dropping the comment. 
Senate Banking Chair Sherrod Brown (D-Ohio), Sens. Steve Daines (R-Mont.) and Jeff Merkley (D-Ore.) and other lawmakers met with Majority Leader Chuck Schumer last week to talk about the #SAFE #Banking #Act. Lawmakers and staffers all said a concerted effort is underway to find common ground between Republicans and Democrats.

Sen. Cory Booker (D-N.J.) has repeatedly said he opposes passage of a bill that helps weed businesses without in some way helping communities that have been hurt by the criminalization of marijuana over the years. Schumer and Brown backed Booker’s position, while Republicans largely held firm that SAFE Banking didn’t need any companion bills.

For science: https://www.sciencedirect.com/science...

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What is a #social #equity #joint #venture?

Connecticut defines a Equity Joint Venture (EVJ) as a business entity, partnering with a licensed producer, DIA cultivator or dispensary facility, that is at least 50 percent owned and controlled by an individual or individuals who:

Had an average household income of less than 300 percent of, or three times, the state median household income over the last 3 tax years

AND, either

Was a resident of a disproportionately impacted area for at least 5 of the past 10 years; OR
Was a resident of a disproportionately impacted area for at least 9 years before the age of 18.

(22) "Equity joint venture" means a business entity that is at least fifty per cent owned and controlled by an individual or individuals, or such applicant is an individual, who meets the criteria of subparagraphs (A) and (B) of subdivision (48) of this section;

Are Equity Joint Ventures selected by lottery?

No. These licenses do not have to obtain their cannabis business license through a lottery system. Instead the Social Equity Council approves the EVJ to create a maximum of two joint ventures.  

Sec. 27. (NEW) (Effective July 1, 2021) (a) In order to pay a reduced license expansion authorization fee as described in subsection (b) of section 26 of this act, a producer shall commit to create two equity joint ventures to be approved by the Social Equity Council under section 22 of this act and licensed by the department under this section.

(b) The equity joint venture shall be in any cannabis establishment licensed business, other than a cultivator license, provided the social equity applicant shall own at least fifty per cent of such business.

Read more here: https://www.cannabisindustrylawyer.com/connecticut-social-equity-joint-ventures/

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The Senate passed H.R. 8454 (Medical #Marijuana and Cannabidiol #Research Expansion Act) by voice vote.

The #bill “would eliminate the red tape that hinders cannabis research, opening the door for new innovative treatments derived from cannabis,” Schumer said ahead of the vote. “If you’re one of the millions of Americans who deals with conditions like Parkinson’s or epilepsy or post-traumatic stress, or any number of other conditions, cannabis might hold promising new options for managing these diseases.”

“We need to do the research first,” he said. “And the federal government, sadly, has been woefully behind the times on this front. This bill will help fix that.

What's in the Medical Marijuana and Cannabidiol Research Expansion Act?

It would streamline the application process for researchers who want to study the plant and to encourage the Food and Drug Administration (FDA) to develop cannabis-derived medicines.

It would also clarify that physicians are allowed to discuss the risks and benefits of marijuana with patients and require the U.S. Department of Health and Human Services (HHS) to submit a report on those potential health benefits, as well one on barriers to cannabis research and how to overcome those obstacles.

une into Cannabis Legalization News with host Tom Howard and Miggy420 as your dedicated source for all matters in the legal cannabis industry.

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Jarrett Hobbs was pulled over for speeding with a suspended driver's license when the cop smelled marijuana.

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In this episode of 420 Somewhere, guest Brittany Parker joins us as we examine cannabis in the media.  She is the founder and CEO of A Green Legacy – a cannabis marketing, PR, and sales strategy consultancy specializing in content development, media, landing public speaking engagements, lead generation, and organic marketing engagement.

Parker strategically pivoted into the cannabis industry 4 years ago through earlier careers in elementary education and later, Fortune 100 tech marketing. Her final year as a burned-out elementary teacher – changed her from an aspiring superintendent to an aspiring cannabis CEO.

Black and brown communities continue to be disproportionately targeted by cannabis prohibition. Parker envisions a cannabis industry where Black and brown people have a fair opportunity to build wealth and economic power through the same avenue used to villainize, incarcerate, and dismantle these communities for decades.

In addition to serving her clients and enjoying family time with her partner and 5-year-old, Parker enjoys supporting underrepresented cannabis entrepreneurs and professionals through her community events – covering topics like, how to find business funding, pivoting into the cannabis industry, and securing media coverage. 

Parker is a freelance writer and certified medical marijuana consultant based in Washington State. She loves any opportunity to take in the Pacific North West outdoors with a side of Gelato 33.

Tune into Cannabis Legalization News with host Tom Howard and Miggy420 as your dedicated source for all matters in the legal cannabis industry.

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What States Legalized Cannabis in the 2022 Election ?

The midterm elections this year was a pivotal moment for #cannabis.  More and more states are jumping into the #AdultUse market and we are seeing just how much progress has been made since the nacency of decriminalization.  There are still countless hurdles to jump on the #federal side of the fence but with each passing election cycle, we get closer and closer to ending the groundless prohibition of a significantly benevolent and innoxious plant.  

The latest states to join us on the planet of common sense are Maryland and Missouri.  While these states are preparing for the transition, they both project very different paths of progression.  Join us as we discuss what we know so far about the laws for those states and see how the nation is shaping up after the results reach their final tally.  As Republicans and Democrats both differ on their approach to the green wave sweeping the nation, how are their numbers in the House and Senate going to impact what many advocates and activists have been working decades to accomplish in the coming years?

Tune into Cannabis Legalization News with host Tom Howard and Miggy420 where we discuss these stories and more.  


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Congressional Bill to form a Federal Marijuana Commission | Cannabis News November 2022

This week, senator John Hickenlooper announced his plans to introduce a bill before #congress to form a federal marijuana commission to oversee #cannabis reform measures on the federal level. This comes as good news to those who have been pushing for more sensible cannabis policy at the national level.

The proposed commission would be tasked with studying how best to regulate cannabis, taking into account the different approaches that states have taken so far. It would also be responsible for making recommendations to Congress on how to deal with issues such as taxation, licensing, and enforcement.

This is a welcome development, as it shows that there is growing interest in finding a workable solution to the conflict between state and federal laws on cannabis. With the formation of this commission, we may finally see some progress on this issue.

Also in the headlines, it was recently announced that Sean "Diddy" Combs is partnering with Casa Verde Capital, a cannabis-focused investment firm, to launch the largest black owned cannabis company in the world. This is huge news in the cannabis industry, as black-owned businesses are still relatively rare.

#Diddy plans to purchase assets in Illinois, New York, and Massachusetts - three states that have legalized recreational cannabis. This will give the company a strong foothold in the Northeast US market.

The company will focus on creating quality products and brands that appeal to a wide range of consumers. This is a smart move, as the legal cannabis industry is still in its early stages and there is a lot of room for growth.

Tune into Cannabis Legalization News with host Tom Howard and Miggy420 where we discuss these stories and more. 


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Is weed legal in your state?  Summary of all 50 states cannabis legality. 

Weed is legal in these 19 states + DC for adults: 

• Alaska
• Arizona
• California
• Colorado
• Connecticut
• DC
• Illinois
• Maine
• Massachusetts
• Michigan
• Montana
• Nevada
• New Jersey
• New Mexico
• New York
• Oregon
• Rhode Island
• Vermont
• Virginia
• Washington

Weed is legal for medical purposes in these 18 states; 

• Alabama
• Arkansas
• Delaware
• Florida
• Hawaii
• Louisiana
• Maryland
• Minnesota
• Mississippi
• Missouri
• New Hampshire
• North Dakota
• Ohio
• Oklahoma
• Pennsylvania
• South Dakota
• Utah
• West Virginia

Weed is legal for CBD use in these 7 states:

• Georgia
• Indiana
• Iowa
• Kentucky
• Tennessee
• Texas
• Wisconsin

Weed is completely illegal in these 6 states:

• Idaho
• Kansas
• North Carolina
• Nebraska
• South Carolina
• Wyoming

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video -> https://youtu.be/s7jMSZcIQw0

Past #cannabis use is credited as the reason the #immigration authorities denied a woman’s request for #citizenship this week.  Cannabis remains federally classified as a schedule I drug and purportedly has no medicinal benefits.  But according to Judge Nina Y. Wang, this is a demonstration of having poor “moral character” and was grounds enough to deny the Swiss citizen her naturalized American citizenship.  One’s moral character is called into question when applying for citizenship to America. 

The woman’s honesty was not called into question however as she admitted to authorities that she may have used cannabis ten times when she was in her teens.  And while a flawed morality argument may have prevented her from being granted an American citizenship, Snoop Dog’s professional joint roller has recently been interviewed and sheds some light on how much smoke this cannabis superstar actually goes through.  This fascinating insight into the life of one of the most recognized names in America will leave you stunned.  But don’t worry, we have more of the week’s top stories plus a Halloween inspired Name That Strain.

We also welcome guest speaker Dr. Beau Kilmer on the show today.  Dr. Kilmer is the co-director of nonprofit, nonpartisan RAND Drug Policy Research Center. His research on cannabis policy has appeared in top journals like the New England Journal of Medicine and JAMA Psychiatry, and his commentaries on this topic have been published by CNN, Los Angeles Times, NBC, New York Times, USA Today, Wall Street Journal, and other outlets. His co-authored book on cannabis legalization was published by Oxford University Press. He grew up in Northern Michigan, is a diehard Golden State Warriors fan, and is still trying to figure out how to raise his Australian Shepard.

Tune into Cannabis Legalization News with host Tom Howard and Miggy420 where we discuss these stories and more. 


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