News

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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Legal Rivalry: Hemp vs. Cannabis

By / May 22, 2024 /

The farm bill has ignited a contentious battle between hemp and marijuana, as policymakers grapple with the regulation of intoxicating products derived from legal hemp. This clash of interests has…

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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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Federal Judge Opens Doors: Public Access Granted to Cannabis Lawsuit Against DOJ

By / May 21, 2024 /

A federal judge has approved a request from marijuana companies to allow public access to a crucial hearing this week in a significant case concerning shielding in-state cannabis activity from…

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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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Louisiana House Votes Down Measure to Establish Cannabis Regulations Ahead of Adult-Use Legalization

By / May 21, 2024 /

House lawmakers in Louisiana rejected legislation on Monday that would have established a regulatory framework for legalizing adult-use marijuana in the state. The Proposal and Its Intent Representative Candace Newell…

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DeSantis Will Honor Florida Voters’ Decision on Legalization Despite State Officials’ Opposition, Says Cannabis CEO

By / May 21, 2024 /

The CEO of a major cannabis company, Kim Rivers of Trulieve, has expressed confidence that Florida Governor Ron DeSantis (R) will respect the will of the people and implement a…

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Federal Rescheduling: Influential Groups Outline Strategies

By / May 21, 2024 /

The Biden administration has formally initiated the process to reschedule marijuana at the federal level, sparking anticipation from advocates and opponents of cannabis reform alike. The proposed rule, which seeks…

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White House Drug Czar Advocates for Cannabis’s Reclassification to Schedule 3

By / May 21, 2024 /

Dr. Rahul Gupta, the director of the Office of National Drug Control Policy, recently discussed the Biden administration’s efforts to reclassify marijuana from a Schedule 1 to a Schedule 3…

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