Iowa Bill to Legalize Psilocybin Mushrooms and MDMA

In a surprising move late last week, Iowa Rep. Jeff Shipley (R) filed two pieces of legislation in the Iowa state legislature to legalize specific psychedelic substances as treatments. The first bill would approve the medical use of psilocybin, methylenedioxymethamphetamine (“MDMA”), and ibogaine – … Read more about Iowa Bill to Legalize Psilocybin Mushrooms and MDMA

Thai Medical Cannabis Industry’s Preliminary Regulations

Thailand is beginning to concretely define medical cannabis regulations, as the country looks to refine the legislation which partially legalized the substance in late-December of last year. While preliminary regulations are just beginning to take shape, this week, the Thai government took a … Read more about Thai Medical Cannabis Industry’s Preliminary Regulations

MDMA-Assisted Psychotherapy Study Expands Screening

Multidisciplinary Association for Psychedelic Studies (“MAPS”), a non-profit research, advocacy, and educational organization that develops medical, legal, and cultural contexts for people to benefit from the careful uses of psychedelics and empathogens, has recently announced the expansion of their … Read more about MDMA-Assisted Psychotherapy Study Expands Screening

Mid-Atlantic States Race to Legalize Cannabis

A legislative competition is underway on the East Coast as both New York and New Jersey seek to shape the framework of recreational cannabis policy for their region. Prior to assuming office in January of 2018, New Jersey governor, Phil Murphy (D), campaigned for the state to legalize cannabis. … Read more about Mid-Atlantic States Race to Legalize Cannabis

Lawmaker Suggests Cryptocurrency to Fund Border Wall

Ohio Congressman Warren Davidson suggested that crowdfunding through a cryptocurrency might provide a viable solution to the funding issues for the proposed wall along the US/Mexico border. In an interview with NPR's Steve Inskeep, the Republican representative suggested that both the proposed … Read more about Lawmaker Suggests Cryptocurrency to Fund Border Wall

Big Tobacco Moving Into Cannabis Market

One of the largest tobacco companies in North America, Altria Group - which owns Philip Morris USA, best known for their manufacture of Marlboro cigarettes - has agreed to invest $1.8 billion USD ($2.4 billion Canadian dollars) into Cronos Group, based in Ontario. The investment marks the largest … Read more about Big Tobacco Moving Into Cannabis Market

Ohio Now Accepting Bitcoin for Tax Payments

Beginning today, November 26, 2018, Ohio will be the first US state to accept Bitcoin payments for more than 20 kinds of state business taxes. Payments made in Bitcoin will be made through third-party payment service BitPay. The Ohio Treasurer's website lists the 23 kinds of business taxes that can … Read more about Ohio Now Accepting Bitcoin for Tax Payments

McConnell: Farm Bill Will Include Hemp Legalization

US Senate Majority Leader Mitch McConnell (Republican - Kentucky) spoke to reporters last week and said that while legislators are still trying to come to a consensus on the Farm Bill, a provision legalizing hemp will be included in the legislation. When asked by reporters about the hemp provisions … Read more about McConnell: Farm Bill Will Include Hemp Legalization