The overall elimination of marijuana from NBA’s banned substances list formally codifies what has been the league’s decision to temporarily suspend cannabis testing for the past three seasons.
By Kyle Jaeger, Marijuana Moment
The National Basketball Association (NBA) and its players union have officially signed a collective bargaining agreement that removes marijuana from the league’s banned substances list and lays out rules allowing players to invest in and promote cannabis brands—with certain exceptions.
About two months after NBA and National Basketball Players Association (NBPA) reached an agreement on the seven-year contract, it has now been signed and enters into force this weekend. The 676-page document contains a number of cannabis provisions—though arguably the most impactful is the removal of marijuana from the list of prohibited substances for players.
Players will also be allowed to “hold a direct or indirect ownership interest (whether controlling or non-controlling) in an entity that produces or sells CBD Products,” which is defined as cannabis containing up to 0.3 percent THC by dry weight, consistent with the federal definition of legal hemp.
They can also invest in marijuana companies, as long as the investment is passive and the player’s ownership is less than 50 percent of the business.
Recent Posts
This May Day, Let’s Follow The Lead Of Immigrant Workers
Take Action Now Let’s follow the lead of immigrant workers organizing for a world without borders — this May Day and beyond. by David Bennion and…
UK Students Begin New Wave Of Protests Against Gaza War After US Arrests
Take Action Now Protests planned in Sheffield, Bristol, Leeds, Newcastle and other universities in show of solidarity with Palestinians By Sally…
Police Storm Columbia’s Campus And Violently Arrest Protestors
Take Action Now “The U.S. government and institutions like Columbia are showing that they would rather brutalize students than divest from…
They Arrested Us. I Hope It Brings An End To Nuclear Weapons.
Take Action Now About 50 people protested April 15 outside the Kansas City National Security Campus, a plant run by Honeywell, calling for an end to…