ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

United Food and Commercial Workers Local 360 Endorses Psilocybin Behavioral Health Access and Services Act

The United Food and Commercial Workers (UFCW) union Local 360 is proud to be the first labor organization to publicly endorse bill S2934, the Psilocybin Behavioral Health Access and Services Act. Sponsored and submitted by Senate President Nicholas P. Scutari, the act represents a workable framework for New Jersey to quickly authorize “production and use of psilocybin.” In particular, Local 360 supports the bill’s intent to establish a network of “safe, legal, and affordable psilocybin service centers” for eligible residents, and sees a key role for organized labor in creating, expanding and sustaining such a network.

“This is the right time to take this step,” said Sam Ferraino, president of UFCW Local 360. “The involvement of Local 360 and other bona fide labor organizations has already allowed New Jersey to create a thriving, safe, employee-oriented and community supporting cannabis industry. We are advocating the same approach here, which means high standards of safety and training, and a real focus on greater equity within a well-regulated psilocybin industry.”

In February of 2021, New Jersey Governor Phil Murphy signed into law a bill that downgraded historic penalties for the possession of small, personal amounts of psilocybin. UFCW Local 360 sees the Psilocybin Behavioral Health Access and Services Act as the next logical step in efforts to, as Senate President Scutari said, “destigmatize this natural product and to promote research to benefit mental and physical health.”

“The move towards psilocybin legalization is nationwide, as more states and municipalities start to recognize the benefits it can bring,” noted Local 360 president Ferraino. “We believe that New Jersey can become a leader in this space, as long as Labor Peace and Project Labor Agreements are added to the bill, and space is made for vital social and economic justice provisions.”

The Psilocybin Behavioral Health Access and Services Act is designed not only to authorize the production and use of psilocybin to promote health and wellness, it would also expunge many past offenses involving psilocybin.

About United Food and Commercial Workers: The UFCW International Union represents over 1.3 million hardworking families across the U.S. and Canada. These members work in essential industries such as Retail, Warehousing, Manufacturing, Healthcare, Transportation, the Public Sector and Cannabis.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  244.41
+1.37 (0.56%)
AAPL  268.47
-1.30 (-0.48%)
AMD  233.54
-4.16 (-1.75%)
BAC  53.20
-0.09 (-0.17%)
GOOG  279.70
-5.64 (-1.98%)
META  621.71
+2.77 (0.45%)
MSFT  496.82
-0.28 (-0.06%)
NVDA  188.15
+0.07 (0.04%)
ORCL  239.26
-4.54 (-1.86%)
TSLA  429.52
-16.39 (-3.68%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.