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Germany’s Plans To Legalize Cannabis, A Psychedelic Task Force In MD, And AK’s Mental Health Care

Veriheal

Germany has plans to introduce cannabis to citizens, Maryland is creating a new psychedelic task force to study potential legalization, and Alaskans are considering psychedelics as an innovative new treatment for mental health issues. Follow along as we catch up on all of the cannabis and psychedelic news you may have missed last week.

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Trulieve Deposits Another $5 Million Into Florida 2024 Initiative Says Cannabis Business Times

Cannabis Law Report

Florida-based cannabis giant Trulieve recently doubled its contribution to the Smart & Safe Florida political committee with another $5 million toward a 2024 ballot initiative to legalize adult-use cannabis. 1, 2024, with election officials needing 30 days to check signatures before that deadline.

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Denver Nuggets Fever Spreads to the Cannabis Industry as Co-founder of Cherry Introduces Exciting New Strains

Veriheal

Meanwhile, a Denver cannabis enthusiast and Nuggets fan is working on two new cannabis cultivars that will get folks as elevated as the Nuggets are in the NBA finals. These special genetics are being bred to perfection by horticulturist and co-founder of Colorado’s Cherry Cannabis, Jason MacLean.

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Czech It Out: Cannabis Legalization Trend Continues in Europe

Canna Law Blog

Czechia, officially known as the Czech Republic, may soon the join the growing list of European countries with legal adult-use cannabis. il is drafting the requisite legislation, which could be in place by 2024. The possession and cultivation of cannabis, under certain thresholds, was decriminalized in the Czech Republic in 2010.

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California Governor Proposes a Cannabis Tax Reduction in an Effort to Shore Up the Legal Market

Cannabis Law Report

Gavin Newsom introduced proposed revisions to his 2022-2023 budget proposal, which would eliminate the cannabis cultivation tax rate beginning July 1, 2022. The 15% excise tax on cannabis sales would remain, and the collection and remittance of that tax would be limited to retail sales beginning January 1, 2023.

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Greenfield MC will launch a joint-venture business with US-listed company EPHS to cultivate medicinal cannabis in Australia

Cannabis Law Report

Sydney startup Greenfield MC will launch a joint-venture business with US-listed company EPHS to cultivate medicinal cannabis in Australia, with Queensland’s Sunshine Coast a frontrunner for the operation. A study bankrolled by cannabis companies estimates the Asian market to be worth as much as US$5.8 billion by 2024.

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Colorado Governor Seeks Pardons for Psychedelic Convictions

Veriheal

.” Polis continued, expressing his displeasure at the fact that “in this day and age, somebody suffering from anxiety, depression, PTSD can get medical coverage for very costly prescription drugs but cannot get coverage for treatment in a healing center that will address some of the underlying causes of the issue.”