Hello dear readers,

A new day brings a new turn in the ever-growing interaction between sports and cannabis. Today we’re going to talk about the National Basketball Association (NBA), which recently clarified its position on marijuana and its players.

NBA and marijuana: a changing relationship

There is one notable development in the NBA that is worth highlighting. The league has relaxed its marijuana rules by removing drug testing. This change is a big step in a world where the stigma around cannabis is gradually diminishing. In the past, rigorous drug testing could result in players being disqualified or suspended, but that chapter now appears to be closed.

No advertising for marijuana brands

But the NBA has drawn a clear line. It stipulated that players will not be able to promote marijuana brands. This regulation ensures that although players benefit from the new policy, they still have a responsibility not to abuse the influence they have over their young fans. Although marijuana is legal in many states, there is still debate about its use and effects, especially on younger generations.

Passive investments allowed

Another interesting twist is that the League allows passive investments in cannabis companies. This means that players will be able to invest in this growing industry without actively participating in the day-to-day operations or marketing of the company. It’s a way for them to profit from the financial side of the cannabis industry while complying with the league’s rules.

Final thoughts

In summary, the NBA has taken an important step by lifting drug testing for marijuana, showing that it is willing to adapt to changing views on cannabis. At the same time, however, it has drawn a clear line by prohibiting the advertising of marijuana brands by gamblers. It’s a balancing act as the league tries to address both the interests of its players and the concerns of the public.

Source: https://www.marijuanamoment.net/nba-clarifies-players-wont-be-able-to-promote-marijuana-brands-but-league-will-allow-passive-investments-and-end-testing/

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