THE SCUTTLEBUTT FEATURING ARTICLES ABOUT HICKENLOOPER INTRODUCES THE PREPARE ACT, SANTA BARBARA COUNTY APPROVES A UES IT OR LOSE IT ORDINANCE AND MORE

In the days of the Armada, a fleet of warships, the scuttlebutt was the rumor or gossip that would spread throughout the ship. Today, Armada Law Corp presents The Scuttlebutt, a daily summery of news articles that people within the cannabis, hemp and plant medicine industries are chatting about along with links to the full articles.

In today’s news:

#psilocybin – “The naturally occurring psychedelic compound psilocybin can significantly reduce symptoms of depression, according to data from the largest trial of its type ever conducted.

Psilocybin was given to 233 patients who had already tried at least two antidepressants in the past with little success, suggesting the compound could have huge benefits for those suffering with hard-to-treat depression….

The trial found that a 25mg dose of psilocybin, given alongside psychological support, triggered a reduction in levels of depression three weeks after treatment.”

https://www.cnbc.com/2022/11/03/magic-mushroom-compound-psilocybin-can-help-treat-depression-study-finds.html

#californiacannabis – “California’s Department of Cannabis Control has convinced a state trial judge to hit a cannabis company CEO with sanctions after he ignored discovery orders in a case accusing him of drenching the regulated market with $64 million worth of unlicensed gummies.

Ruben Kachian, the head of Vertical Bliss, won’t be able to bring up anything related to the documents he refused to turn over as the case proceeds, Los Angeles County Superior Court Judge Stephen P. Pfahler ruled Tuesday.

“To avoid sanctions, the burden of proving that a discovery violation was not willful is on the party on whom the discovery was served,” the court said.

And Kachian failed to do that, according to the court….

The department asked a state judge last month to grant a summary judgment award of $128 million in penalties from all defendants, a group of unlicensed pot product makers who the state claimed had effectively admitted to the unlawful activity in court.”

https://www.law360.com/california/articles/1545956?nl_pk=87a814fe-acbd-41b5-9dff-8f51227935f5&utm_source=newsletter&utm_medium=email&utm_campaign=california&utm_content=2022-11-04&nlsidx=0&nlaidx=22

#californiacannabis – “Pot retailer MedMen Enterprises wants out of a California lawsuit alleging that it owes $877,000, including rent and a termination fee for a Pasadena building, saying an affiliate sought rent deferral at least in part because of the COVID-19 pandemic.

An answer filed on Oct. 31 from the cannabis company said the suit for back rent from Sara Young and Dustin Nelson does not state facts sufficient to constitute a cause of action. And a $250,000 termination fee, in particular, is “unreasonable” and “unenforceable,” MedMen’s answer contends.”

https://www.law360.com/california/articles/1545973?nl_pk=87a814fe-acbd-41b5-9dff-8f51227935f5&utm_source=newsletter&utm_medium=email&utm_campaign=california&utm_content=2022-11-04&nlsidx=0&nlaidx=23

#californiacannabis – “The Santa Barbara County Board of Supervisors approved a “use it or lose it” policy for commercial cannabis cultivation that gives growers a deadline to plant the amount of marijuana they proposed in their permit application.

Growers are required to plant their permitted acreage within three years or have the unused acreage removed from their permit and given to someone on the wait list….

The Board of Supervisors added the three-year deadline for growers to plant their full permitted amount or lose acreage, and allowed cannabis growers to fallow (leave the land unplanted) for up to one year, limited to once every three years.”

https://www.noozhawk.com/article/county_requires_permitted_cannabis_growers_plant_acreage

#cannabispolitics – “His so-called PREPARE Act would require the U.S. Attorney General to convene a “Commission on the Federal Regulation of Cannabis” should the federal government ever vote to legalize cannabis. According to a news release from Hickenlooper’s office, the commission’s role would be to make recommendations related to cannabis policy; it would not have the authority to institute any policies itself.”

https://www.the-journal.com/articles/hickenlooper-introduces-prepare-act-to-develop-federal-framework-for-cannabis-legalization/

 

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