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27 March 2019

The Week In Weed: March 15, 2019

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Seyfarth Shaw LLP

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Welcome back to The Week in Weed, your Friday look at what's happening in the world of legalized marijuana.
United States Food, Drugs, Healthcare, Life Sciences

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.

The big news on the federal level was the reintroduction of the SAFE Banking Act, by sponsor Ed Perlmutter, a Democrat from Colorado. Lest you think this is strictly a measure supported by Democrats from states with legal recreational marijuana, know that several Republicans and legislators from states that have not yet legalized are also co-sponsors.

As for the states, there was lots of movement this week on the legalization front. In New Mexico, the House passed a compromise bill that would allow adult use; now it goes to the Senate. Meanwhile, in New Jersey, the governor and Democratic legislators have reached an agreement in principle to legalize recreational cannabis.

What about New York? Well, it looks as if it won’t be the next state to legalize. Gov. Cuomo is walking back expectations that a deal will happen in the next couple of weeks. To continue with our survey of activity in the “New” states, the New Hampshire House has passed a bill to allow medical marijuana patients the ability to grow cannabis at home.

And the NFL is thinking of changing its policies around marijuana in the next collective bargaining agreement. Does that mean that teams in states that have legalized cannabis would have an advantage in keeping or attracting players?

And finally, in a bit of generational irony, it turns out that the generation least likely to support legal marijuana is Boomers. Clearly, we are a long way from Woodstock.

See you next week!

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