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The Week in Weed: February 17, 2023

The Blunt Truth

We have an update on those SAFE Banking talks. Lou Correa, introducing the bill SAFE UPDATE Last week, we reported that Senate Majority Leader Chuck Schumer (D-NY) met with a group of Democratic Senators to discuss the prospects of passing cannabis banking legislation in this Congress. Twitter will now allow cannabis ads.

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Bank of America Shuts Down Cannabis Research Facility Account

Cannabis Law Report

Bank of America (BoA) is reportedly terminating its banking relationship with Scottsdale Research Institute (SRI), a DEA-registered facility that carries out important marijuana research. So, given the history and credibility of the Institute, why did BoA terminate the 10-year banking relationship with SRI?

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House Could Vote On Psychedelics Research For Military And Marijuana Banking As Part Of Defense Bill

Cannabis Law Report

House lawmakers have introduced a series of drug policy-related amendments to defense legislation, including proposals to facilitate research on the benefits of psychedelics for active duty military personnel and to protect banks that service state-legal marijuana businesses. Read full report.

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Cybin Announces Closing of Overnight Marketed Public Offering of Common Shares and Exercise of Over-Allotment Option

Cannabis Law Report

Investor demand for this financing was very strong and we are thankful for the outstanding work of our banking syndicate partners and advisors and we welcome all new Cybin investors that share our vision. Vigorous scientific research and clinical trials are needed. Wainwright & Co., collectively, the “ Underwriters ”).

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CBD and COVID Hype, Amazon’s Support for Legalization, & Girl Scout Cookies at Dispensaries

Veriheal

Rather, it was only an indication that CBD’s ability to fight COVID-19 warranted further research under more rigorous clinical trials. A separate study from the University of Chicago (UofC) is further showing that CBD deserves to be studied in clinical trials. In addition to these two active U.S.

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MyMD Pharmaceuticals Announces Fourth Quarter 2021 Initiation of Phase 2 Clinical Trial of MYMD-1 for Extending Healthy Lifespan

Cannabis Law Report

(Nasdaq: MYMD) (“MyMD” or “the Company”), a clinical stage pharmaceutical company committed to extending healthy lifespan, today announced that it intends to initiate dosing for a Phase 2 trial of MYMD-1’s function in delaying aging early in the fourth quarter of 2021. in the blood.

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Treating PTSD with Cannabis

MMJ Recs

Advocates call for expanded research initiatives, including large-scale clinical trials with standardized protocols and investigations into specific cannabinoid formulations and delivery methods. We offer a useful bank of detailed topics, including a comprehensive guide to veterans and medical cannabis on the MMJ Recs blog.