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The Dime: 2/11/2022

February 11, 2022 by Melissa Hutsell Leave a Comment

the dime

Following important cannabis news articles every day can be a real burn-out, we know. That’s why the Emerald rolls up a chronicle of the headiest news hits, and passes them to you at the end of each week. We Bring You: The Dime.

Sublime Launches Cannabis Company 

Last week, members of the reggae-punk band announced their launch of a cannabis brand with California-based manufacturer, The Healing Plant. The Sublime-branded products will hit the market this summer, reports High Times. Products will focus on the medicinal properties of the plant. They will hit select dispensaries in SoCal, “including Sublime’s hometown of Long Beach, Orange County, San Diego, and the Inland Empire,” according to Benzinga. The band now adds to the growing list of celebrities and musicians that are getting into cannabis. 

Cannabis Sales Expected to Rise Ahead of Game Day

According to a report by MarketWatch, experts expect cannabis sales to experience a bump in sales ahead of Super Bowl Sunday. They write, “if 2022 follows trends from last year, cannabis sales will rise significantly ahead of this year’s matchup between the Cincinnati Bengals and the Los Angeles Rams.” Overall, Americans typically spend nearly a billion dollars on Game Day. However, sales on actual Super Bowl Sunday are typically lower than other Sundays in February or March, the report adds. Other annual celebrations tend to draw even more cannabis sales, including Valentine’s Day and St. Patty’s Day. “The holiday celebrating the patron saint of Ireland generates 23% higher sales than Valentine’s Day Weekend and 27% higher sales than Super Bowl Weekend,” MarketWatch adds. “The green holiday also outpaces average March daily sales by 54%.”

Colorado Lawmakers Propose Bill Barring Employees From Getting Fired for Weed

On February 4th, lawmakers introduced HB22-1152. The bill aims to prevent employers from firing employees for cannabis use, reports The Denver Channel. According to the bill, the legislation would prohibit “an employer from taking adverse action against an employee, including an applicant for employment, who engages in the use of: medical marijuana on the premises of the employer during working hours; or retail or medical marijuana off the premises of the employer during nonworking hours.”

Speaking of Colorado, which approved recreational cannabis in 2012, state officials reported record-breaking sales again thi syear. As MJ Biz Daily reports, sales hit more than $2 billion in 2021; $168 million of those sales were in December. Altogether, the publication adds, sales have hit more than $12 billion since the recreational market launched in 2014. 

Maryland and Missouri Lawmakers Propose pro-Psychedelic Legislation

According to a report by Marijuana Moment, Maryland senators are proposing a bill that would provide “[…] free access to psychedelics like psilocybin, MDMA and ketamine for military veterans suffering from post-traumatic stress disorder (PTSD) […].” It would also fund research into entheogenic plants for therapy. But this is by far not the only state who’s policymakers are pushing for such legislation. For example, lawmakers in Missouri last year introduced a bill to make hallucinogens available to those suffering from certain conditions. A Fox 2 reports, “the bill before the Missouri legislature would legalize psychedelic medications that are now outlawed under the right to try law for investigational drugs. Missouri State Rep. Michael Davis of Kansas City is behind the bill.” 

Filed Under: Cannabis news, The Dime Tagged With: California, cannabis, Colorado, employee who use cannabis, HB22-1152, maryland, Missouri, psychedelics, St. Patty's Day, Sublime, Super Bowl Sunday, V-day

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