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Review: Cannabinoids Effective for Mitigating Back Pain

Seattle, WA: The use of either whole-plant cannabis or synthetic cannabinoids is effective at mitigating back pain, according to a review of randomized controlled studies published in Global Spine Journal.

A team of investigators affiliated with the Swedish Neuroscience Institute in Seattle, Washington conducted a systematic review of the use of cannabinoids to treat nonsurgical back pain. In each of the studies identified by investigators, "[T]here was a quantifiable advantage of cannabis therapy for alleviating back pain." There were "no serious adverse effects reported" by patients in any of the studies.

Those who consume cannabis medicinally are most likely to report doing so to address chronic pain conditions. Dozens of studies further report that pain patients typically reduce or eliminate their use of opioids following their initiation of cannabis therapy. According to longitudinal data published earlier this month, patients with chronic musculoskeletal back pain who use medical cannabis for a period of at least six months experience decreased opioid use and improvements in pain scores and in their daily functions.

`

Full text of the study, "Efficacy of cannabis in reducing back pain: A systemic review," appears in Global Spine Journal.

Canada: Retail Cannabis Market Generates $11 Billion in Sales, More Than 90,000 Jobs

Ottawa, Canada: The adult-use marijuana market in Canada has generated some $11 billion in retail sales and sustained over 90,000 jobs annually, according to an economic analysis published by the consulting firm Deloitte Canada. Canadian lawmakers legalized the commercial production of cannabis products in June 2018 and retail sales began that October.

The report's authors estimated the economic contributions of the cannabis sector from 2018 to 2021. Analysts assessed cannabis-related revenues and expenditures associated with cannabis-sector operations and capital investments. They determined: "[T]he Canadian cannabis sector has made a significant economic contribution to both Canada and Ontario in the three short years since legalization. The industry has generated $11 billion in sales nationwide and made $29 billion in capital expenditures. ... Overall, the cannabis industry has contributed $43.5 billion to Canada's GDP – and $13.3 billion to Ontario's GDP – since legalization. Moreover, the industry has sustained 98,000 jobs across Canada and put $15.1 billion into government coffers." (Editor's Note: An earlier version of this reporting cited the figure '151,000 jobs.' This figure was included in the initial version of the Deloitte report, but was later changed by the report's authors.)

They concluded, "From an economic perspective, it seems clear the cannabis industry has been a great success, with more to come as it continues to grow."

Authors acknowledged that a lack of diversity exists within Canada's marijuana industry, noting that few women and people of color hold executive level positions within cannabis companies. They recommended, "Governments and cannabis companies alike must take action to improve diversity, equity, and inclusion across the sector, building on and expanding existing efforts to enable more racialized Canadians and women to participate in the industry's success."

A recently released report by the Minority Cannabis Business Association similarly identifies a lack of diversity within the US cannabis industry, concluding, "[T]he barriers to entry for minority operators have continued to stifle progress to advance social equity efforts."

Full text of the report, "The Economic and Social Impact of Canada's Cannabis Sector." Is available for download.

Study: History of Marijuana Use Not Associated with Increased Heart Attack Risk

New York, NY: Cannabis smoke exposure is not positively associated with an increased risk of myocardial infarction, according to data published in the journal Cureus.

A pair of researchers with the Icahn School of Medicine at Mount Sinai in New York City assessed the association between a history of cannabis smoking and heart attack in a cohort of over 500,000 subjects from the United Kingdom.

Researchers identified an inverse association between cannabis use and incidences of myocardial infarction, and they found no correlation between marijuana consumption and heart attack severity.

"With marijuana use, MI [myocardial infarction] decreased," authors concluded. They further acknowledged: "The association of marijuana use with reduced risk of MI is not entirely in accord with current assumptions about the cardiac effects of marijuana. ... Further studies are warranted."

Studies assessing the association between cannabis use and cardiovascular health have been inconsistent, with some studies finding an increased risk of stroke and other cardiovascular diseases among marijuana consumers while others report either no risk or provide evidence of possible cardioprotection.

Full text of the study, "Marijuana and myocardial infarction in the UK Biobank cohort," appears in Cureus.

Colorado: Nearly a Third of Family Physicians Acknowledge Recommending Patients Use Medical Cannabis

Denver, CO: Nearly one-third of practicing family physicians in Colorado acknowledge issuing medical cannabis authorizations to their patients, according to survey data published in the Journal of the American Board of Family Medicine.

A pair of researchers with the University of Colorado School of Medicine surveyed members of the Colorado Academy of Family Physicians on their experiences with and attitudes toward medical cannabis.

Thirty-one percent of respondents reported that they had recommended cannabis to a patient on at least one occasion. Among them, 42 percent had issued a medical cannabis authorization within the past year. Authorizing physicians were most likely to recommend marijuana to patients suffering from chronic pain, cancer, cachexia, severe nausea, or persistent muscle spasms.

By contrast, nearly one-third of the survey's total respondents said that their practice had policies in place that formally prohibited them from issuing medical cannabis recommendations to their patients.

Overall, 57 percent of respondents agreed that "the FDA should reclassify marijuana so that it is no longer a Schedule I drug" under federal law – up from 37 percent in 2011.

According to a recent nationwide survey of US clinicians conducted by the US Centers for Disease Control and Prevention, 69 percent of respondents said they believed that cannabis possessed medical utility and more than one-in-four respondents (27 percent) acknowledged having authorized the use of cannabis for their patients.

Full text of the study, "Colorado family physicians and medical marijuana: Has recreational marijuana changed physician attitudes and behaviors," appears in theJournal of the American Board of Family Medicine.

Study: Insomnia Patients Respond Favorably to Concurrent Use of CBD and Melatonin

Modena, Italy: Patients with sleep disorders respond favorably to the co-administration of CBD and melatonin, according to data published in the Italian journal La Clinica Terapeutica.

A team of Italian researchers assessed the short-term administration of a sublingual compound consisting of 15mgs of melatonin and 2.5 mgs of plant-derived CBD in a cohort of middle-aged to older adults (ages 43 to 96) with a history of sleep disorders and anxiety. Study participants self-administered 20 drops of the compound prior to bedtime for a three-month period.

Researchers reported that CBD/melatonin co-administration was associated with reduced feelings of anxiety, pain, depression, panic, and paranoia, as well as with "good general health perceptions."

They concluded, "These data suggest that the formula CBD-melatonin could be competitive with the classic hypnotic synthetic drugs; the antioxidant activity of melatonin offers a further benefit to the brain network, restoring the biological clock functions, while CBD, reducing chronic pain perception, helps to complete the neuromuscular relaxation and to relieve anxiety fulfilling a very balanced sensation of well-being during the sleep."

Clinical trials have previously shown that the administration of either oral cannabinoid products or plant-derived cannabis extracts is associated with improvements in sleep in patients with insomnia. Observational studies also have shown that subjects who use herbal cannabis prior to bedtime report significant improvements in perceived insomnia levels and severity.

Full text of the study, "Insomnia treatment: A new multi-tasking natural compound based on melatonin and cannabis extracts," appears in La Clinica Terapeutica.

Analysis: Opioid Recovery Subreddit Users Frequently Report Using Cannabis for Treating Withdrawal Symptoms

San Francisco, CA: Participants in the opioid recovery subreddit online social platform frequently report consuming cannabis as an option for managing symptoms of opioid withdrawal, according to data published in the journal PLoS One.

Investigators affiliated with the University of California, San Francisco and with the Johns Hopkins Bloomberg School of Public Health in Baltimore analyzed all online posts mentioning cannabis in the subgroup over a four-year period.

Researchers reported, "The most frequent phrases from the recovery subreddit referred to time without using opioids and the possibility of using cannabis a
s a 'treatment.' ... The most common motivations for using cannabis were to manage opioid withdrawal symptoms in the recovery subreddit, often in conjunction with anti-anxiety and GI-distress 'comfort meds.'"

They concluded: "A primary finding of this study is that posters reported that the potential of cannabis to address OUD [opioid use disorder] or reduce opioid use may derive from the use of cannabis to manage acute and persistent opioid withdrawal symptoms. ... Future research is warranted with more structured assessments that examines the role of cannabis and cannabinoids in addressing both somatic and affective symptoms of opioid withdrawal."

A 2015 placebo-controlled study reported that the administration of oral THC reduced opioid withdrawal severity among participants in an in-patient detoxification program. More recently, a 2020 study published in the Journal of Substance Abuse Treatment reported that a majority of patients experiencing opioid withdrawal turn to cannabis to effectively manage various symptoms, including anxiety, tremors, and trouble sleeping. A 2020 review article published in the journal Cannabis and Cannabinoid Research concluded: "The evidence summarized in this article demonstrates the potential cannabis has to ease opioid withdrawal symptoms, reduce opioid consumption, ameliorate opioid cravings, prevent opioid relapse, improve OUD treatment retention, and reduce overdose deaths. ... The compelling nature of these data and the relative safety profile of cannabis warrant further exploration of cannabis as an adjunct or alternative treatment for OUD."

Full text of the study, "Naturalistic cannabis use reported in online opioid and opioid recovery community discussion forums," appears in PLoS One.

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Analysis: Trauma Patients with a History of Marijuana Use Possess Decreased Risk of In-Hospital Mortality

Los Angeles, CA: Trauma patients who test positive for the presence of cannabis upon their admission to the hospital possess a decreased risk of death as compared to controls, according to data published in the journal The American Surgeon.

Researchers with the University of California, Los Angeles compared in-hospital mortality outcomes in a cohort of over 141,000 trauma patients. Consistent with other data, they reported that patients with a history of cannabis use (as documented by a positive drug screen upon admission) were less likely to die while hospitalized than were patients with similar injuries but no evidence of recent marijuana exposure.

They concluded: "On multivariable analysis, the associated risk of mortality was lower (OR = .79) for pMS [patients with a positive marijuana screen] compared to nDS patients [those testing negative for all drugs and alcohol]. ... These findings require corroboration with future prospective clinical study and basic science evaluation to ascertain the exact pathophysiologic basis and thereby target potential interventions."

Prior observational studies have similarly reported that marijuana use is associated with a decreased risk of in-hospital mortality among patients suffering from congestive heart failure, cancer, COPD, pancreatitis, HIV, burn-related injuries, traumatic brain injuries, and various other types of severe trauma.

Full text of the study, "Marijuana use associated with decreased mortality in trauma patients," appears in The American Surgeon.

Congress: House Members Advance SAFE Banking Act as Part of America COMPETES Act

Washington, DC: The US House of Representatives has advanced legislation, The America COMPETES Act of 2022, which includes the provisions of the Secure and Fair Enforcement (SAFE) Banking Act.

Friday's vote marks the sixth time that members of the House have advanced the SAFE Banking Act to the Senate either as an amendment or as a stand-alone piece of legislation. The SAFE Banking Act language, which was offered as an amendment by the bill's sponsor, Rep. Ed Perlmutter (D-CO), allows banks and other financial institutions to work with state-licensed cannabis-related businesses – something they are currently discouraged from doing.

A recent survey by Whitney Economics of 396 licensed cannabis companies reported that over 70 percent of respondents cited a "lack of access to banking or investment capital" as the top challenge they face.

"It is imperative for the interests of public safety, transparency, and the economic viability of small cannabis businesses that this legislation is approved as soon as possible," said NORML Political Director Morgan Fox. "The fact that the people's chamber has approved this measure in various forms multiple times is a clear indicator of where voters stand on this issue. Continued inaction by the Senate on this popular bipartisan reform puts workers and customers at risk of violence, makes it harder for regulators to accurately track cannabis revenue, and perpetuates the high costs and lack of access to capital that are increasingly widening the gap between large and small businesses in the cannabis space when it comes to their chances to succeed. The Senate should ensure this provision remains in the final version of this funding package and approve it swiftly."

Fox added: "The SAFE Banking Act is only the first step toward making sure that state-legal marijuana markets operate safely, efficiently, and fairly. But unfortunately, the sad reality is that those who own or patronize these currently unbanked businesses are still nonetheless recognized as criminals in the eyes of the federal government and by federal law. This situation can only be rectified by removing marijuana from the list of controlled substances, and there are several pending legislative vehicles before Congress that can accomplish this goal. In the meantime, the passage of the SAFE Banking Act is a step in the right direction that will directly improve many people's lives."

The America COMPETES Act now advances to the Senate for consideration. In the past, Senate leadership has either refused to move SAFE Banking as a stand-alone bill or it has permitted the SAFE Banking language to be removed as an amendment from other legislation in conference committee – a scenario that most recently occurred in December.

Study: Inhaled Cannabis Significantly Lowers IOP for Several Hours

Irvine, CA: Inhaling cannabis significantly reduces intraocular pressure (IOP) in healthy subjects for approximately four hours, according to data published in the journal Frontiers in Medicine.

An international team of researchers from the United States and Italy assessed the association between THC plasma levels and IOP in a cohort of healthy adults following the self-administration of cannabis cigarettes containing either six percent or 13 percent THC.

Consistent with prior research, marijuana inhalation resulted in a temporary reduction in IOP. IOP reduction was most significant 60 minutes after smoking but remained below subjects' normal baseline for up to four hours. THC/plasma concentrations of 20ng/ml, but not above this level, were most strongly correlated with decreases in IOP.

"The results of this study indicate that in healthy adult subjects, inhaled THC significantly lowers IOP, and that this effect correlates with plasma THC levels," authors reported. "IOP reduction occurred soon after inhalation and was reduced by as much as 16 percent. ... Furthermore, increasing plasma levels up to a concentration of 20 ng/ml was strongly correlated with increasing reduction in IOP. THC plasma levels >20 ng/ml were not correlated with further reduction in IOP."

Scientists have long documented that THC inhalation reduces intraocular pressure. According to recently published survey data, over one-third of glaucoma patients have discussed their medical use of cannabis with their oncologists. (Glaucoma is typically caused by abnormally high pressure within the eye.) Nevertheless, the American Glaucoma Society has not endorsed the use of cannabis as a treatment for glaucoma. By contrast, virtually all state-specific medical access laws specify glaucoma as a qualifying medical condition.

Full text of the study, "The relationship between plasma tetrahydrocannabinol levels and intraocular pressure in healthy adult subjects," appears in Frontiers in Medicine.

Senate Majority Leader Provides Timeline for Introduction of Long-Awaited Marijuana Descheduling Legislation

Washington, DC: US Senate Majority Leader Chuck Schumer announced at a press conference on Friday that he intends to formally introduce the Cannabis Administration and Opportunity Act (CAOA) in April. The forthcoming legislation, which was released in draft form last July, repeals federal marijuana prohibition by removing cannabis from the US Controlled Substances Act.

Speaking at the event, Sen. Schumer said: "In the coming weeks, we're ramping up our outreach and we expect to introduce final legislation. Our goal is to do it in April. Then we begin the nationwide push, spearheaded by New York, to get the federal law done. As the majority leader, I can set priorities. This is a priority for me."

NORML's Political Director Morgan Fox responded: "We are enthusiastic that the Senator is moving forward on his promise to prioritize cannabis policy reform in the 117th Congress. It is our hope that the official introduction of CAOA jumpstarts hearings and debates in the Upper Chamber - debates that are long overdue."

In past months, Senate leadership has received criticism for both the slow rollout of the CAOA and for failing to support efforts to enact more incremental federal legislation, such as The SAFE Banking Act, which has been passed multiple times by the US House of Representatives.

NORML was among numerous groups that submitted comments in response to the CAOA draft.
Specifically, NORML called for:

- Strengthening civic protections, including record relief, to provide justice to those previously wronged by federal marijuana criminalization;

- Revising outdated employment policies regarding non-scientific testing for trace metabolic elements of THC;

- Ensuring that small and local businesses can compete both with larger corporations and the unregulated market by reducing regulatory and tax burdens;

- Narrowing the scope of the proposed excise tax to exempt medical cannabis consumer markets;

- Balancing the roles of the FDA, TTB (Alcohol and Tobacco Tax and Trade Bureau), ATF, and antitrust regulators in a manner that is consistent with other adult-use substances, such as alcohol or tobacco, to ensure non-disruption of currently operational state programs and promoting increased local ownership in the future iterations of the marketplace.

The entirety of NORML's comments are available online.

As initially drafted, the Cannabis Administration and Opportunity Act directs the US Attorney General to remove marijuana from the federal Controlled Substances Act - thereby allowing states to either maintain or establish their own cannabis regulatory policies free from undue federal interference. Under this scheme, state governments – if they choose to do so – can continue to impose criminal penalties for marijuana possession offenses. However, states would not be permitted to prohibit the interstate commerce of legal cannabis products transported through their borders.

The proposal also mandates for the expungement of the records of anyone convicted of a federal, non-violent marijuana offense. The expungements must take place within one year of the law's enactment.

The Act also forbids federal officials from taking discriminatory actions against those who legally use cannabis. It prohibits "individuals from being denied any federal public benefit ... on the basis of [the] use or possession of cannabis." It also, for the first time, permits physicians associated with the US Department of Veterans Affairs to make recommendations to their patients to access medical cannabis.

The proposal transfers primary agency jurisdiction over cannabis regulation from the US Drug Enforcement Administration to the Food and Drug Administration and to the Alcohol and Tobacco Tax and Trade Bureau in a manner similar to the ways in which these agencies already oversee alcohol and tobacco products. A federal excise tax of 10 percent would be imposed within the first year of the law's enactment. Medical cannabis access programs, which are operational in the majority of US states, would not be disrupted under this federal plan.

The proposed Senate plan is competing against two other House bills, The MORE Act and The States Reform Act, both of which also seek to deschedule cannabis at the federal level. The MORE Act previously was advanced by the US House of Representative in the 116th Congress and is expected to be taken up again by House lawmakers in the coming weeks.

Analysis: Interest in Delta-8 Products Far Greater in States Without Legal Cannabis Access

Atlanta, GA: Internet users residing in states without legal cannabis access are more than three times as likely to search online for the availability of delta-8 THC products as are those in jurisdictions where marijuana is legal, according to data published in the American Journal of Public Health.

Emory University investigators assessed state-level Google Trends data from February to May 2021. Consistent with prior research, they reported that "states where recreational cannabis is illegal had higher relative queries [specific to delta-8 THC] than did states with legalized recreational cannabis."

Although delta-8 THC occurs organically in the cannabis plant, it is only produced in nominal quantities. By contrast, the elevated quantities of delta-8 THC found in grey market products are the result of a chemical synthesis during which manufacturers convert hemp-derived CBD to delta-8 THC. Manufacturers engaged in synthesizing delta-8 THC are not regulated and often use potentially dangerous household products to facilitate this process. Lab analyses of unregulated delta-8 products have consistently found them to contain lower levels of the compound then advertised on the products' labels. Some products have also been found to possess heavy metal contaminants and unlabeled cutting agents.

In October, NORML issued a report on delta-8 THC and other novel, synthetically derived cannabinoids that cautioned consumers to avoid these unregulated products because they are untested and may contain impurities.

Full text of the study, "Popularity of delta-8 THC on the Internet across the United States, 2021," appears in the American Journal of Public Health.

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Patients with Chronic Back Pain Reduce Their Opioid Use Following Initiation of Medical Cannabis Therapy

Philadelphia: Patients suffering from chronic back pain reduce their use of prescription opioids and report improvements in their condition following medical cannabis treatment, according to longitudinal data published in the journal Cureus.

Investigators affiliated with Thomas Jefferson University in Philadelphia evaluated opioid consumption patterns in a cohort of 186 patients with chronic back pain during the six-months immediately prior to and immediately following their enrollment in the state's medical cannabis access program.

Consistent with prior studies, patients reduced their daily intake of opioids over the course of the trial. Over one-third of patients who were taking low daily doses of opioids at the onset of the study eliminated their opioid use by the trial's end. Subjects' opioid reductions were associated with improvements in pain scores and in patients' daily functions.

Authors concluded: "[P]atients with chronic musculoskeletal noncancer back pain who were certified for MC [medical cannabis] ... filled a significantly reduced amount of opioid prescriptions post-MC compared to pre-MC. Upon MC certification, patients with lower levels of baseline opioid use have a high chance of stopping opioid use altogether. Patients show improved pain scores and daily function scores following MC certification. ... Our study supports evidence that short-term opioid usage is diminished and potentially stopped within six months of MC certification."

Full text of the study, "Medical cannabis use reduces opioid prescriptions in patients with chronic back pain," appears in Cureus.

Study: Cannabis Consumers Are Not Less Motivated Than Non-Users

Memphis, TN: Regular consumers of cannabis are more likely to engage in effort-related decision making tasks than are non-users, according to data published in the journal Experimental and Clinical Psychopharmacology.

A team of researchers at the University of Memphis assessed motivation in a cohort of 47 college-aged students (25 frequent cannabis consumers and 22 controls). Subjects completed a series of behavioral tests (the Effort-Expenditure for Rewards Task) that provided participants with choices between tasks of differing degrees of difficulty and rewards.

Investigators reported that those subjects who most frequently consumed cannabis were also the most likely to select tasks that required the greatest amounts of effort.

"The results provide preliminary evidence suggesting that college students who use cannabis are more likely to expend effort to obtain reward, even after controlling for the magnitude of the reward and the probability of reward receipt. Thus, these results do not support the 'amotivational syndrome' hypothesis."

The team's findings are consistent with those of other recent studies refuting longstanding claims that those with a history of marijuana use lack motivation.

Full text of the study, "Effort-related decision-making and cannabis use among college students," appears in Experimental and Clinical Psychopharmacology.

Study: Cannabis Use Associated with Better Quality of Life Outcomes

Sao Paulo, Brazil: Cannabis consumers report better mental health and quality of life outcomes than do non-users, according to data published in the Journal of Psychiatric Research.

Brazilian investigators surveyed a convenience sample of 7,491 self-identified marijuana consumers and 839 non-users. Participants' responses were scored using standardized scales to assess anxiety, depression, quality of life, and subjective well-being.

Those respondents who identified as regular, but not problematic users of cannabis, scored highest on the scales, followed by more occasional consumers. Both groups scored higher on the scales than did those who abstained from marijuana. Those subjects who perceived their cannabis use to be problematic scored lowest on the scales.

"Even after controlling for possible confounders such as demographics and the use of other psychoactive drugs, occasional or habitual self-perception of cannabis use remained associated with better outcomes of quality of life and mental health," authors concluded.

They added, "[The] results obtained in this study are particularly relevant because they were obtained from a sample predominantly composed of habitual cannabis users from the general population, a group less frequently represented in other surveys. Except for self-perceived dysfunctional cannabis use, the association between cannabis use with an increased risk of adverse health outcomes was not observed in the present study. It is possible that these adverse outcomes, generally described in many other studies, may be due to publication bias or the fact that our survey data collection strategy predominantly targeted recreational cannabis users."

Full text of the study, "Mental health and quality of life in a population of recreational cannabis users in Brazil," appears in the Journal of Psychiatric Research.

Study: THC Levels in Blood Not Linked with Changes in Simulated Driving Performance

San Diego, CA: The detection of THC in blood is not correlated with changes in simulated driving performance, according to data published in the journal JAMA Psychiatry.

A team of investigators affiliated with the University of California, San Diego assessed subjects' simulated driving performance after inhaling either low-potency (six percent), moderate-potency (13 percent), or placebo cannabis.

Compared to their baseline performance, those subjects who smoked either low-potency or moderate-potency cannabis exhibited significant changes for a period of 3.5 hours. These changes were most acute for the first 90 minutes. Cannabis inhalation was not associated with any uptick in crash risk. Researchers identified no correlation between subjects' blood/THC levels and driving performance at any point during the study. Consistent with prior studies, authors reported, "The current results reinforce that per se laws based on blood THC concentrations are not supported [by evidence]."

Per se traffic laws make it a crime for a driver to operate a motor vehicle with trace levels of either THC or its metabolites in their blood or urine, regardless of whether there exists any demonstrable evidence that the driver is under the influence.

Most of the study's subjects perceived themselves to be safe to drive after 90 minutes despite continuing to exhibit lingering impairment for several hours thereafter. Authors reported that drivers in the THC groups exhibited no differences in performance compared to controls after 4.5 hours.

Researchers concluded: "In a placebo-controlled parallel study of regular cannabis users smoking cannabis with different THC content ad libitum, there was statistically significant worsening on driving simulator performance in the THC group compared with the placebo group. ... A lack of insight regarding driving impairments, particularly at 90 minutes, is of concern, given that users will likely self-evaluate when they feel safe to drive. ... The lack of relationship between blood THC concentration and driving performance raises questions about the validity of per se laws. ... Future research should address factors such as individual biologic differences, personal experience with cannabis, and cannabis administration methods in relation to driving impairment."

Prior studies have shown that THC inhalation is associated with changes in driving behavior, such as an increased likelihood of weaving and a decrease a drivers' average speed. These and other changes are typically less pronounced in subjects who are more habitual cannabis consumers, but they may be exacerbated when alcohol and marijuana are ingested in combination with one another.

By contrast, the ingestion of CBD-dominant cannabis strains has not been associated with similar changes in driving performance.

Full text of the study, "Driving performance and cannabis users' perception of safety: A randomized clinical trial," appears in JAMA Psychiatry.

Survey: Cannabis Companies Cite Lack of Banking Access as the "Top Issue" Facing the Industry

Portland, OR: Businesses' lack of access to traditional financial services and capital is perceived to be the greatest hurdle facing the cannabis industry, according to survey data compiled by Whitney Economics.

Researchers compiled opinions from 396 licensed cannabis companies on existing challenges in the US marketplace. Over 70 percent of respondents said that the "lack of access to banking or investment capital" was their top challenge. By comparison, only 42 percent of respondents cited "state regulations" as the most significant burden facing the industry, and only 39 percent cited the "influence of the illicit market."

Federal laws and regulations strongly discourage banks and other financial institutions from partnering with licensed cannabis companies because marijuana is classified as a Schedule I controlled substance. On five separate occasions, US House lawmakers have passed legislation, The SAFE Banking Act, to amend federal banking laws, but Senate leadership has refused to ever debate the issue.

According to the Whitney Economics survey, fewer than half of respondents (42 percent) are currently making a profit and only 40 percent believe that "the industry is heading in the right direction."

Full text of the Whitney Economics report, "US Cannabis Business Conditions Survey Report," is available for download.

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