News Americas, NEW YORK, NY, Fri. July 7, 2023: Here are the cannabis headlines making marijuana news globally and in the Caribbean and Latin America this week in less than 60 seconds:
One California county is taking the old saying “a day late and a dollar short” to the extreme. Santa Barbara County’s Board of Supervisors just gave their initial approval for a law that would shut down any cannabis business if they’re more than 30 days late on paying their taxes. At least one official expressed concerns that the measure would be a “death penalty” because there are no exceptions to the severe punishment for any companies who don’t pay.
A US Republican Congressman has called for an end to cannabis testing for members of the military.
Rep. Matt Gaetz, (R-Fla.), has proposed an amendment to the National Defense Authorization Act to address the increasing number of recruits who test positive for marijuana use, particularly in states where it is legal.
The state of Maryland’s marijuana sales totaled more than $10 million this past holiday weekend as retail sales for adult consumers launched across the state.
For the first official day of adult-use sales on Saturday, Maryland sold $4,518,377 worth of cannabis.
The US Federal Trade Commission and the Food and Drug Administration has warned six companies to stop selling marijuana edible products that can be easily mistaken by children for regular foods. The companies are Delta Munchies, LLC; Exclusive Hemp Farms; North Carolina Hemp Exchange, LLC; Dr. Smoke, LLC; Nikte’s Wholesale, LLC and The Haunted Vapor Room.
New findings from the department of anesthesiology, critical care and pain medicine at McGovern Medical School, in Texas, shows that clinical overuse of marijuana is linked to a variety of complications after major elective surgery, including blood clots, stroke, breathing difficulties, kidney issues and even death.
The New York Media Softball League (NYMSL)—which has teams representing The Wall Street Journal, High Times and BuzzFeed among its ranks—is one of the latest athletic organizations to embrace the cannabis industry, launching a new sponsorship deal with a Kentucky-based CBD company.
Two women have been charged with introducing contraband into a penal institution after they allegedly attempted to smuggle contraband and other illegal items into the Black River Police lock-up in Jamaica.
A major marijuana stock to watch this week is Altria Group, Inc., (MO).