Politics

Financial Association Poll Reveals Strong Support for Cannabis Banking Bill

By / May 2, 2024 /

A new survey by the Independent Community Bankers of America (ICBA) reveals that a significant majority of Americans view the Secure and Fair Enforcement Regulation (SAFER) Banking Act as a…

Congressional Perspectives: Democrat Applauds Cannabis Rescheduling, GOP Leader Stands Firm Against Reform

By / May 2, 2024 /

House Minority Leader Hakeem Jeffries (D-NY) voices support for the Biden administration’s move to reschedule marijuana. Calls for Legislative Follow-Up Jeffries advocates for congressional action, urging passage of the Senate…

Opponents of Cannabis Legalization Gear Up for Legal Battle Amid Federal Rescheduling Talks

By / May 2, 2024 /

A day after the DEA’s announcement regarding marijuana rescheduling, Smart Approaches to Marijuana (SAM) is gearing up for a legal battle against the reform. Rescheduling Legal Defense Fund SAM reaches…

Hemp Industry Poised for Easier Regulations with Senate Democrats’ Farm Bill

By / May 2, 2024 /

Senate Democrats propose significant changes to federal hemp laws in their version of the 2024 Farm Bill. Regulatory Barriers for Hemp Farmers The bill aims to reduce regulatory barriers for…

Federal Appeals Court Upholds New Jersey’s Cannabis Legalization Program

By / May 2, 2024 /

In a recent ruling, a New Jersey appellate court upheld the state’s recreational cannabis law, declaring its ability to “coexist” with federal marijuana enforcement laws. The decision came in response…

Rescheduling Announcement: Insights from Former DOJ Official and Congressman on Federal Cannabis Guidance

By / May 2, 2024 /

Federal Guidance Expansion Expected As the U.S. Drug Enforcement Administration (DEA) moves toward rescheduling marijuana, anticipation grows regarding potential updates to federal guidance on enforcement priorities. The former U.S. deputy…

Biden Administration Affirms Commitment to Cannabis Rescheduling, Citing Campaign Promise

By / May 1, 2024 /

The Biden administration has recently reiterated its commitment to cannabis rescheduling, emphasizing a pledge made by President Biden during his 2020 election campaign. The White House has underscored its dedication…

Congress Advances GOP-Led Psychedelics Bill for Veteran Mental Health

By / May 1, 2024 /

A congressional committee has approved a GOP-led psychedelics bill focused on military veterans’ access. The proposal, advanced by Rep. Derrick Van Orden (R-WI), aims to address the potential therapeutic benefits…

Setback for South Carolina Medical Cannabis Bill as Session Nears End

By / May 1, 2024 /

Committee Testimony on Medical Marijuana Bill Lawmakers in South Carolina’s House committee hear testimony on Tuesday regarding a Senate-passed bill to legalize medical marijuana. Unlikelihood of a House Vote Despite…

Schumer’s Bold Move: Bill Filed to Federally Legalize Cannabis

By / May 1, 2024 /

Senate Majority Leader Chuck Schumer (D-NY), Senate Finance Committee Chairman Ron Wyden (D-OR), and Sen. Cory Booker (D-NJ) lead a coalition of Democratic senators in reintroducing a bill aimed at…

Opinion: Cannabis Rescheduling Marks a Milestone in Medical Acceptance

By / May 1, 2024 /

The Drug Enforcement Administration’s (DEA) recent decision to reschedule cannabis from Schedule I to Schedule III marks a significant turning point in U.S. drug policy. This move holds immense implications…

Cookies Expands: Acquisition of Florida Licensed Cannabis Assets Announced

By / May 1, 2024 /

Cookies, renowned as the premier global cannabis brand, has unveiled its strategic move to acquire all operational cannabis assets associated with the production and sale of Cookies-branded cannabis products in…