Should Marijuana Tax Revenue Help Police And Not Conservation? Plus: New KY Bill To End Legal Weed Alternative & More Cannabis Regs

New Bill Could End Legal Marijuana Alternative In Kentucky

GOP lawmaker Rebecca Raymer has filed a bill proposing a ban on sales of products containing delta-8 THC alongside other hemp-derived intoxicating substances in Kentucky.

Raymer is "hopeful" the bill will address the "impact" these substances have on "minors and public health."

Due to being a derivative of hemp, which is a legal cannabis plant, but causing similar effects to those caused by delta-9 THC in marijuana, many are seeking more regulation on delta-8 THC.

"We are still learning about the long-term side effects" of delta-8 and similar chemicals, Raymer said, citing their easy access and minimal regulation.

Montana To Reallocate Marijuana Tax Revenue To Law Enforcement?

House Bill 462 from Republican Rep. Marta Bertoglio seeks to redirect an estimated $8 million to $9 million annually in marijuana revenue to go to the state police, prosecutors and correctional officers instead of Montana's conservation program.

Virginia's GOP-Led House Block Another Marijuana Reform Bill

Republican members of the Virginia House General Laws Subcommittee have halted any further advancement of Senate Bill 1133, which sought to initiate retail marijuana sales to adults age 21 and over beginning this July.

Washington State Researchers Urge Governor To Consider Hemp

Governor Jay Inslee met recently with Bio Fiber Industries and staff with WSU's Cannabis Policy Research and Outreach Programto learn how the hemp industry could address Washington's current housing crisis, reported KREM.

WSU Professor David Gang emphasized why Washington is an ideal destination for hemp growing and processing.

"These could be something we could get started in the next 2-3 years, literally have homes built and have people in them," he added.

Benzinga Cannabis Capital Conference

The most successful cannabis business event in the world, the Benzinga Cannabis Capital Conference, returns to Miami for its 16th edition.
This is the place where DEALS GET DONE, where money is raised, M&A starts, and companies meet investors and key partners. Join us at the Fontainebleau Miami Beach Hotel in Florida on April 11-12. Don’t miss out.
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Photo: Courtesy of succo, mrkukuruznik5 by Pixabay

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The Benzinga Cannabis Capital Conference is coming to Florida

The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.

Get your tickets now on bzcannabis.com – Prices will increase very soon!


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