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Senate Takes Long-Awaited Step Toward Cannabis Banking Reform

WASHINGTON – The cannabis-friendly Secure and Fair Enforcement Regulation (SAFER) Banking Act is on its way to a floor vote in the Senate after...
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Analysis: Eliminating 280E Could Save 12 MSOs $700 Million Annually

NEW YORK – The twelve largest operators in the cannabis industry would save a combined total of $700 million annually if Internal Revenue Code...
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Trulieve Alleges Employees, Vendors Engaged in Racketeering: Lawsuit 

SCOTTSDALE, Ariz. – Trulieve Cannabis Corp. is suing two of its former Arizona purchasing managers, five other employees, and three vendors, accusing the group...
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A DEA Judge Tried to Reschedule Cannabis 35 Years Ago

WASHINGTON – In 1988, a federal judge brashly ruled against the Reagan administration’s drug policy and declared cannabis fit for medical use. The controversial...
WASHINGTON, DC - JUNE 24, 2019: Sign outside the Department of Health and Human Services building.

U.S. Health Officials Recommend Schedule III for Cannabis

WASHINGTON – The U.S. Department of Health and Human Services (HHS) has recommended reclassifying cannabis from Schedule I to a less restrictive Schedule III...
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American Cannabis Consumption Hits All-Time High

WASHINGTON – Fifty-percent of American adults have tried cannabis, according to a recent Gallup report, marking the highest point since the polling organization conducted...
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Tilray Triples Beverage Portfolio with $85M Anheuser-Busch Deal

NEW YORK – Canadian megacorp Tilray Brands Inc. struck an $85-million cash deal with Budweiser parent company Anheuser-Busch InBev (AB InBev) to purchase eight...
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U.S. House Advances Veterans’ Access to Medical Marijuana in Spending Bill

WASHINGTON D.C. – The Republican-controlled U.S. House of Representatives approved an amendment to military spending legislation that would allow Veterans Administration (VA) doctors to...
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Republicans Show Their Cards, Cut Cannabis from Defense Bill

WASHINGTON D.C. – Numerous cannabis-related amendments with bipartisan support were stripped from the National Defense Authorization Act (NDAA) by the Republican-led House Rules Committee...
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NBA Removes Cannabis from Prohibited Substances List

NEW YORK – The National Basketball Association no longer considers cannabis a prohibited substance, thanks to a clause in the league’s new labor agreement...

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