'GOP-Controlled House Committee Blocks Every Marijuana And Psychedelics Amendment To Defense Bill From Getting Floor Vote' - Marijuana Moment
Portfolio Pulse from Happy Mohamed
The GOP-controlled House Rules Committee has blocked all marijuana and psychedelics amendments proposed for the National Defense Authorization Act (NDAA). The amendments included proposals such as eliminating cannabis drug testing for military service members and allowing the use of CBD or other hemp-derived products. However, two marijuana and psychedelics measures were previously attached to the base text of the NDAA in the House Armed Services Committee. These include a clinical study into the therapeutic benefits of psychedelics for active duty service members with PTSD, traumatic brain injury or chronic traumatic encephalopathy, and a defense department medical cannabis pilot program examining the health impacts of marijuana use by veterans and service members.

July 13, 2023 | 3:07 pm
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NEGATIVE IMPACT
The blocking of marijuana and psychedelics amendments to the NDAA could potentially impact Aurora Cannabis Inc. as it may limit the expansion of the cannabis market.
The blocking of these amendments could limit the expansion of the cannabis market, potentially impacting companies like Aurora Cannabis Inc.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
The blocking of marijuana and psychedelics amendments to the NDAA could potentially impact Canopy Growth Corporation as it may limit the expansion of the cannabis market.
The blocking of these amendments could limit the expansion of the cannabis market, potentially impacting companies like Canopy Growth Corporation.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
The blocking of marijuana and psychedelics amendments to the NDAA could potentially impact Tilray, Inc. as it may limit the expansion of the cannabis market.
The blocking of these amendments could limit the expansion of the cannabis market, potentially impacting companies like Tilray, Inc.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50