Papers & Resources On Cannabis From The American Bankers Association

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Utah Hemp Farmers Growing Strains Named After Obama and Trump

Farmers in Utah have begun growing hemp following the legalization of the crop late last year, including strains of the plant with names featuring a decidedly political twist. One varietal, Obama, is named for former President Barak Obama, who was in office when the 2014 Farm Bill that authorized hemp research pilot programs was signed into law. Another strain, Trump, is also named for a president that figures prominently in hemp history. President Donald Trump signed the 2018 Farm Bill in December, which legalized the crop as an agricultural commodity in the United States. Farmer Kenny McFarland grew hemp for the first time this year, planting clones on eight acres of his farm in Weber County. He shared some of the knowledge he gained from the experience at the annual convention of the Utah Farm Bureau that was held last week in Layton. “Trump was super aggressive,” McFarland said , drawing laughs from the crowd of farmers at the event. Since the 2018 Farm Bill was signed into la...
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Johns Hopkins Launches Center For Psychedelic And Consciousness Research

One of the United States’ most respected medical institutions has announced that it will be sinking its teeth into the field of psychedelics research. Johns Hopkins University will form the Center for Psychedelic and Consciousness Research , funded by $17 million in donations from private sources. It may well be the largest research facility in the world to focus on the study of psychedelics. “Our scientists have shown that psychedelics have real potential as medicine, and this new center will help us explore that potential,” said Paul B. Rothman, who is the dean of the medical faculty at Johns Hopkins University’s School of Medicine. The school has maintained a group to research psychedelics since 2000, but this latest move will allow it to conduct more substantial investigations. Primary among its study priorities will be the effects of psilocybin on the brain and body — specifically, to see whether the substance could be of help in treating health conditions like opioid addiction...
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Columbus, Ohio May Significantly Reduce Penalties for Marijuana Possession

The city council in Columbus, Ohio is considering cannabis policy reforms that would significantly reduce the penalties imposed for possession of small amounts of marijuana. The council has scheduled a public hearing on a proposed city ordinance to enact the reforms for Thursday evening. Under the proposed ordinance, possession of up to 100 grams (about 3.5 ounces) of marijuana would be subject to a fine of up to $10. Those caught possessing between 100 and 200 grams (approximately seven ounces) of cannabis could be fined up to $25. Possession of more than 200 grams would still be a felony. The fine for possession of marijuana paraphernalia would be reduced to $10. The ordinance would also increase funding to help those with previous convictions for marijuana possession offenses have their criminal records sealed. The fines for cannabis possession would not apply to “any person who obtained the marihuana pursuant to a lawful prescription issued by a licensed health professional aut...
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