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PA Governor Signs Pot Banking Protection Bill, RIP Ann Shulgin, Violence in Peru's Coca Zone, More... (7/12/22)

Submitted by Phillip Smith on (Issue #1165)
Consequences of Prohibition

Pennsylvania will provide some protections to banks and insurers doing business with marijuana companies, a Florida therapeutic psilocybin bill is filed, and more.

psychedelic pioneer Ann Shulgin (MAPS)
Marijuana Policy

California Awards $1.7 Million in Grants to Support Sustainable Marijuana Cultivation. State officials have announced that have handed out more than $1.7 million in grants to promote sustainable marijuana cultivation practices. The funding is coming from the Qualified Cultivator Grant Program with the state Department of Fish and Wildlife's Cannabis Restoration Grant Program. The grants are going to qualifying nonprofits, government entities, and tribes, who will then distribute the money to individual grower applicants. This is just the first round of grants under the program, which will total $6 million through April 2023.

Medical Marijuana

Pennsylvania Governor Signs Marijuana Banking and Insurance Reform Bill into Law. Gov. Tom Wolf (D) on Monday signed into law House Bill 311, which includes provisions to protect banks and insurers who work with state-legal medical marijuana businesses. The measure does not protect banks and insurers from any federal repercussions but sends a signal to the financial services industry that it won't face repercussions under state law. The new law says that a "financial institution authorized to engage in business in this Commonwealth may provide financial services to or for the benefit of a legitimate cannabis-related business and the business associates of a legitimate cannabis-related business." And ditto for insurance companies.

Psychedelics

Psychedelic Pioneer Ann Shulgin Dead at 91. Ann Shulgin, who along with her husband Sasha co-authored the pioneering psychedelic classics PiHKAL: A Chemical Love Story and TiHKAL: The Continuation. The two acronyms refer to phenelthylamines and triptamines I have known and loved, and the two volumes are compendiums of recipes for hundreds of psychedelic substances. Sasha was the chemist, but Ann was the therapist, and worked with drugs such as MDMA in therapeutic settings when it was still legal. Shulgin continued to advocate for the therapeutic use of psychedelics throughout her life. She spent the last eight years as a widow after Sasha Shulgin died in 2014.

Florida Bill to Legalize Psilocybin for Therapeutic Use Filed. Rep. Michael Grieco (D) has filed the Florida Psilocybin Mental Health Care Act, which would create state-sponsored clinics where patients suffering from mental health disorders could be administered microdoses of psilocybin by a licensed medical professional. The patient would go through the experience under the therapist's supervision and then be offered a post-trip counseling session. The bill comes after earlier bills to study therapeutic psilocybin died in committee in the Republican-controlled legislature.

International

Drug Traffickers in Fresh Round of Violence Against Peru's Indigenous Communities. Indigenous leaders in the Peruvian Amazon have announced that multiple killings of members of the Native Federation of Kakataibos Communities (Federación Nativa de Comunidades Kakataibos -- FENACOKA) in the departments of Ucayla and Huanaco. Four leaders of the federation have been killed since 2019, the group said. The group says the indigenous communities it represents have been subject to worsening intimidation and violence since asking the Peruvian government for support in eradicating coca crops. Last month, armed drug traffickers beat and threatened to kill one community member, demanding that he tell them where to find the leaders who "brought the Navy" to eradicate coca. In another incident last month, three community members were threatened by traffickers and forced to flee their homes. The remote area has become a favorite for traffickers because the presence of the Peruvian state is so attenuated there.

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