Business

Police Groups Support Bill to End Federal Cannabis Prohibition and Allow Interstate Commerce

By / May 24, 2024 /

Two major law enforcement organizations have endorsed a bipartisan bill aimed at ending federal marijuana enforcement in states where it is legal. The Peace Officers Research Association of California (PORAC)…

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Community Empowerment: Delaware’s Cannabis Social Equity Workshops

By / May 23, 2024 /

Are you interested in learning more about Delaware’s social equity program for the recreational marijuana industry? The Office of the Marijuana Commissioner is hosting a series of workshops throughout June…

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Oklahoma Authorities Seize More Than 17,500 Cannabis Plants

By / May 23, 2024 /

Authorities in Oklahoma have conducted a significant raid resulting in the seizure of over 17,500 illegal marijuana plants and 600 pounds of untraceable processed marijuana. This operation, spearheaded by the…

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Milestone Reached: Daily Cannabis Use Surpasses Alcohol in the US

By / May 23, 2024 /

New survey data indicates that daily cannabis use has surpassed daily alcohol consumption in the United States for the first time, marking a significant milestone in drug use trends. Rise…

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MedMen’s Bankruptcy: Receiver Schedules Creditors Meeting

By / May 22, 2024 /

The once-prominent cannabis operator, MedMen Enterprises, has hit rock bottom as it enters bankruptcy proceedings, marking a significant downfall in the cannabis industry. With creditors lining up to claim hundreds…

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DOJ Argues Cannabis Rescheduling Process Supports Federal Prohibition Rationality

By / May 22, 2024 /

In a recent court hearing, attorneys for the Justice Department argued that the federal government’s move to reschedule marijuana “supports the rationality” of the overall law prohibiting cannabis. However, the…

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Tilray’s Ambitious Bid: $250 Million for US Cannabis Expansion

By / May 22, 2024 /

Canadian cannabis and beverage alcohol company Tilray Brands is gearing up for potential marijuana reform in the U.S. by announcing plans to raise up to $250 million through an at-the-market…

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DEA Proposes New Rules to Reschedule Cannabis

By / May 22, 2024 /

The Drug Enforcement Administration (DEA) published proposed rules in the U.S. Federal Register yesterday to reschedule marijuana from Schedule I to Schedule III of the Controlled Substances Act. This represents…

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NY Cannabis Regulator Damian Fagon Faces Ongoing Investigation

By / May 22, 2024 /

The Office of Cannabis Management’s Chief Equity Officer, Damian Fagon, finds himself under scrutiny as the New York Inspector General’s Office investigates allegations of retaliation and selective enforcement. Fagon has…

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Reclassifying Cannabis: A Step Forward, but More Protections Needed for Businesses

By / May 22, 2024 /

Last week, the Biden administration proposed new rules that would reclassify marijuana from Schedule I to Schedule III, removing it from the list reserved for the most dangerous drugs —…

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Biden Calls Cannabis Strategy ‘Failed’ but Continues Current Policies

By / May 22, 2024 /

For half a century, critics have argued that cannabis does not belong in Schedule I of the Controlled Substances Act, a category supposedly reserved for drugs with a high potential…

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Delaware Dual License Bill Paves the Way for Cannabis Sales

By / May 21, 2024 /

As Delaware gears up for the launch of its adult-use marijuana market, lawmakers have introduced a groundbreaking bill aimed at expediting the process. Creating Opportunities for Existing Medical Cannabis Businesses…

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