Business
President Biden Is ‘Very Open-Minded’ About Psychedelics For Medical Treatment
The president’s brother spilled the (psychedelic) tea.
President Joe Biden’s youngest brother said the president has been “very open-minded” in their conversations about therapeutic psychedelics, AP reports. During a phone interview with The Michael Smerconish Program on SiriusXM Wednesday, Frank Biden opened up about his brother’s views.
“He is very open-minded,” Frank Biden responded when probed by Smerconish about discussions with his presidential brother about the medical benefits of psychedelics. “Put it that way. I don’t want to speak; I’m talking brother-to-brother. Brother-to-brother,” Frank Biden said, hinting that the general public has more of a regressive attitude than the President. “The question is, is the world, is the U.S. ready for this? My opinion is that we are on the cusp of a consciousness that needs to be brought about to solve a lot of the problems in and around addiction, but as importantly, to make us aware of the fact that we’re all one people and we’ve got to come together.”
The phone call with Frank Biden came shortly after the host, Smerconish interviewed a journalist for the Wall Street Journal who recently wrote a viral article about how Silicon Valley entrepreneurs and workers, and the tech industry in general, use psychedelics without stigma not just because it’s fun but because it makes them better at their job and leads to breakthroughs.
People are more curious than ever about President Biden’s views on psychedelics, as the issue is gaining traction with people of all political backgrounds, from socialists to libertarians and Democrats and Republicans. In Congress, both leftist Democratic Representative Alexandria Ocasio-Cortez from New York and far-right Republican Representative Matt Gaetz from Florida have proposed similar bills regarding the role of psychedelics in treating veterans. Ocasio-Cortez introduced an amendment promoting future studies on psychedelic substances such as MDMA, psilocybin, and ibogaine. Gaetz filed an amendment to explore the therapeutic potential of magic mushrooms and MDMA for military service members.
Last week, the FDA issued the first-ever guidance for clinical studies on psychedelics for therapeutic purposes. In addition, the Senate Appropriations Committee recently approved a spending bill including an amendment allowing the U.S. Department of Veterans Affairs (VA) doctors to recommend medical cannabis for their patients in legal states. Even traditionally Republican states such as Utah and Missouri are considering commissioning studies to investigate the role psilocybin could play in treating veterans with PTSD. Earlier this year, Oregon became the first state in the U.S. to legalize the adult use of psilocybin, while last year, Colorado’s voters decriminalized psilocybin, and more states are sure to follow.
But PTSD isn’t the only medical condition that psychedelics can treat. Both ketamine and DMT show great promise in the treatment of depression. Newly published research suggests psilocybin could be an effective treatment option for individuals with obsessive-compulsive disorder (OCD). And, while many out-of-touch Americans may still associate psychedelics with the “Just Say No” era catastrophic warnings, plenty of research shows that they could actually treat addiction. Studies show that psilocybin could positively impact the treatment of alcoholism (and in case you didn’t know, the founder of AA even believed that LSD could cure alcoholism).
The research on addiction is especially important to Frank Biden, who also said in his interview that he had “done a great deal of research” on the issue “because I’m a recovering alcoholic for many, many years.” President Biden does not drink either, stating during the 2008 campaign with Obama that “There are enough alcoholics in my family.”
The Biden administration has already provided funding to the National Institutes of Health and other agencies studying psychedelic drugs’ therapeutic potential. While the White House did not respond to a request for comment to the AP’s story, Frank Biden’s words offer hope that psychedelic descheduling and even legalization could be more than a pipe dream.
New Mexico regulators fined a cannabis operator nearly $300,000 and revoked its license after the company allegedly created fake reports in the state’s traceability software.
The New Mexico Cannabis Control Division (CCD) accused marijuana manufacturer and retailer Golden Roots of 11 violations, according to Albuquerque Business First.
Golden Roots operates the The Cannabis Revolution Dispensary.
The majority of the violations are related to the Albuquerque company’s improper use of BioTrack, which has been New Mexico’s track-and-trace vendor since 2015.
The CCD alleges Golden Roots reported marijuana production only two months after it had received its vertically integrated license, according to Albuquerque Business First.
Because cannabis takes longer than two months to be cultivated, the CCD was suspicious of the report.
After inspecting the company’s premises, the CCD alleged Golden Roots reported cultivation, transportation and sales in BioTrack but wasn’t able to provide officers who inspected the site evidence that the operator was cultivating cannabis.
In April, the CCD revoked Golden Roots’ license and issued a $10,000 fine, according to the news outlet.
The company requested a hearing, which the regulator scheduled for Sept. 1.
At the hearing, the CCD testified that the company’s dried-cannabis weights in BioTrack were suspicious because they didn’t seem to accurately reflect how much weight marijuana loses as it dries.
Company employees also poorly accounted for why they were making adjustments in the system of up to 24 pounds of cannabis, making comments such as “bad” or “mistake” in the software, Albuquerque Business First reported.
Golden Roots was fined $298,972.05 – the amount regulators allege the company made selling products that weren’t properly accounted for in BioTrack.
The CCD has been cracking down on cannabis operators accused of selling products procured from out-of-state or not grown legally:
- Regulators alleged in August that Albuquerque dispensary Sawmill Sweet Leaf sold out-of-state products and didn’t have a license for extraction.
- Paradise Exotics Distro lost its license in July after regulators alleged the company sold products made in California.
Golden Roots was the first alleged rulebreaker in New Mexico to be asked to pay a large fine.
Source: https://mjbizdaily.com/new-mexico-cannabis-operator-fined-loses-license-for-alleged-biotrack-fraud/
Four marijuana companies, including a multistate operator, have filed a lawsuit against U.S. Attorney General Merrick Garland in which they allege the federal MJ prohibition under the Controlled Substances Act is no longer constitutional.
According to the complaint, filed Thursday in U.S. District Court in Massachusetts, retailer Canna Provisions, Treevit delivery service CEO Gyasi Sellers, cultivator Wiseacre Farm and MSO Verano Holdings Corp. are all harmed by “the federal government’s unconstitutional ban on cultivating, manufacturing, distributing, or possessing intrastate marijuana.”
Verano is headquartered in Chicago but has operations in Massachusetts; the other three operators are based in Massachusetts.
The lawsuit seeks a ruling that the “Controlled Substances Act is unconstitutional as applied to the intrastate cultivation, manufacture, possession, and distribution of marijuana pursuant to state law.”
The companies want the case to go before the U.S. Supreme Court.
They hired prominent law firm Boies Schiller Flexner to represent them.
The New York-based firm’s principal is David Boies, whose former clients include Microsoft, former presidential candidate Al Gore and Elizabeth Holmes’ disgraced startup Theranos.
Similar challenges to the federal Controlled Substances Act (CSA) have failed.
One such challenge led to a landmark Supreme Court decision in 2005.
In Gonzalez vs. Raich, the highest court in the United States ruled in a 6-3 decision that the commerce clause of the U.S. Constitution gave Congress the power to outlaw marijuana federally, even though state laws allow the cultivation and sale of cannabis.
In the 18 years since that ruling, 23 states and the District of Columbia have legalized adult-use marijuana and the federal government has allowed a multibillion-dollar cannabis industry to thrive.
Since both Congress and the U.S. Department of Justice, currently headed by Garland, have declined to intervene in state-licensed marijuana markets, the key facts that led to the Supreme Court’s 2005 ruling “no longer apply,” Boies said in a statement Thursday.
“The Supreme Court has since made clear that the federal government lacks the authority to regulate purely intrastate commerce,” Boies said.
“Moreover, the facts on which those precedents are based are no longer true.”
Verano President Darren Weiss said in a statement the company is “prepared to bring this case all the way to the Supreme Court in order to align federal law with how Congress has acted for years.”
While the Biden administration’s push to reschedule marijuana would help solve marijuana operators’ federal tax woes, neither rescheduling nor modest Congressional reforms such as the SAFER Banking Act “solve the fundamental issue,” Weiss added.
“The application of the CSA to lawful state-run cannabis business is an unconstitutional overreach on state sovereignty that has led to decades of harm, failed businesses, lost jobs, and unsafe working conditions.”
Alabama regulators are targeting Dec. 1 to award the first batch of medical cannabis business licenses after the agency’s first two attempts were scrapped because of scoring errors and litigation.
The first licenses will be awarded to individual cultivators, delivery providers, processors, dispensaries and state testing labs, according to the Alabama Medical Cannabis Commission (AMCC).
Then, on Dec. 12, the AMCC will award licenses for vertically integrated operations, a designation set primarily for multistate operators.
Licenses are expected to be handed out 28 days after they have been awarded, so MMJ production could begin in early January, according to the Alabama Daily News.
That means MMJ products could be available for patients around early March, an AMCC spokesperson told the media outlet.
Regulators initially awarded 21 business licenses in June, only to void them after applicants alleged inconsistencies with how the applications were scored.
Then, in August, the state awarded 24 different licenses – 19 went to June recipients – only to reverse themselves again and scratch those licenses after spurned applicants filed lawsuits.
A state judge dismissed a lawsuit filed by Chicago-based MSO Verano Holdings Corp., but another lawsuit is pending.
Source: https://mjbizdaily.com/alabama-plans-to-award-medical-cannabis-licenses-dec-1/
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