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Tag: DEA
Global Cannabis Playbook Emerges Amid U.S. Uncertainty
As global cannabis standards solidify, U.S. operators have a narrow window to align, adapt, and reclaim leadership in international markets.
DEA Alleges Chinese and Cartel Gangs Control U.S. Cannabis Trade
WASHINGTON – International crime syndicates have “taken control of” the legal cannabis industry, according to a Drug Enforcement Administration report released in May. By...
IRS Attorney: There Is No End Run Around 280E
DENVER – Cannabis companies underpaying or withholding taxes based on presumed nullification of Internal Revenue Code Section 280E after rescheduling are setting themselves up...
Fed Researchers: Rescheduling Won’t Improve Banking Access
WASHINGTON – Moving cannabis from Schedule I to Schedule III under the Controlled Substances Act (CSA) would do little to improve banking access for...
Americans for Safe Access Calls for Compassionate Leadership Amid DEA Hearing Delay
WASHINGTON — In light of the Drug
Enforcement Administration’s (DEA) announcement to schedule a hearing
on the rescheduling of cannabis, Americans for Safe Access (ASA)
emphasizes the urgent...
Cannabis Stocks Tumble on News of DEA’s Rescheduling Shakeup
NEW YORK – Shares of publicly traded cannabis companies felt investors’ dissatisfaction following the Drug Enforcement Administration’s (DEA) announcement it will hold a public...
DEA Delays Rescheduling Decision until after Election
WASHINGTON – The Drug Enforcement Administration has kicked the rescheduling can down the road, likely indicating no decision will be made this year.
In a...
Lawmakers Attempt to Save Rescheduling, Hemp from Republican Ax
WASHINGTON – Reps. Rashida Tlaib (D-Mich.), Nancy Mace (R-SC), and Morgan McGarvey (D-Ky.) each introduced amendments this week that would block the latest efforts...
IRS Reaffirms Marijuana’s Status Under Federal Tax Law
WASHINGTON – The Internal Revenue Service (IRS) has reiterated marijuana remains classified as a Schedule I controlled substance, and businesses involved in manufacturing, distribution,...
House GOP Suddenly Turns on Cannabis
WASHINGTON – It’s all fun and games until rescheduling looks imminent. Although they’ve seemed amenable to cannabis reform in the past, Republicans in the...