The Rush - May 31, 2024

May 31, 2024

May 31, 2024

Biden Helps California Move Closer to Cannabis Cafes

FROM POLITICO -  President Joe Biden's administration is supporting California's move to establish cannabis cafes similar to those in Amsterdam. This initiative is part of a broader effort to relax federal cannabis restrictions. The Biden administration's stance is seen as pivotal in encouraging states like California to advance their cannabis policies, including the development of venues where adults can consume cannabis products while enjoying food and entertainment. California lawmakers are optimistic that this federal support will bolster their legislative efforts to implement these cafes​

Cannabis Operators Cansortium and RIV Capital are Merging

FROM MJBIZDAILY -  Cansortium, a Florida-based cannabis operator, is merging with RIV Capital, which owns New York’s Etain Health. RIV shareholders will receive 1.245 shares of Cansortium per RIV share. Post-merger, Cansortium shareholders will own 51.25% of the combined entity, with RIV and Hawthorne Collective holding the remaining 48.75%. The combined company will manage eight cultivation and processing facilities and 42 stores across Florida, New York, Pennsylvania, and Texas. The merger aims to enhance operational efficiencies and financial growth​

Delaware: Governor Signs Medical Cannabis Expansion Bill Into Law

FROM NORML -  Delaware Governor John Carney has signed a bill expanding medical cannabis access. The new law allows physicians to recommend medical cannabis to any patient they deem could benefit, regardless of specific qualifying conditions. Additionally, individuals 65 and older can self-certify for a registration card without a doctor’s recommendation. The law also permits out-of-state registered patients to access Delaware dispensaries. This legislation aims to enhance patient access to medical cannabis by removing previous restrictions determined by lawmakers rather than health professionals.

LIFESTYLE & CULTURE

Americans Distrust Big Tobacco, Alcohol, and Pharma for Cannabis Policy: BOSTON – American adults don’t want large industries like tobacco, alcohol, and pharmaceuticals to shape cannabis policy. That’s according to a recent study by the Parabola Center for Law and Policy, a nonprofit, nonpartisan think tank comprised of legal professionals and drug policy experts advocating for cannabis legalization. The survey, titled “American Values and Beliefs About Marijuana Legalization,” was conducted in collaboration with RTI International, an independent nonprofit research institute... READ MORE @MG

New study: People got high without any munchies on THC-V: THCV is a minor cannabinoid that’s acquiring a reputation as “diet weed.” You can find it described this way online based on historical studies linking it to appetite suppression. Excitement has spiked again with the conclusion of a yet-to-be-published, privately-funded, double-blind, human study. The results have been reported like this: “THCV increases energy and motivation without marijuana’s ‘munchies’ effect… READ MORE @LEAFLY

Air Canada Wins Right To Test Flight Attendant’s Hair For Pot Use: A federal labour arbitrator has given Air Canada the green light to test a strand of a flight attendant’s hair for drugs after two of the man’s housemates — and fellow employees — claimed he was smoking a bong and making jokes about hijacking… READ MORE @CANNABISCULTURE

The Rush - Originally composed and curated content to help you stay up-to-date with the latest cannabis industry trends. We cut through the noise so you can focus on the news that matters the most.

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