Tag: DEA
Cannabis Industry Reacts to Rescheduling Proposal
WASHINGTON – Whether it’s a silver bullet, a monumental disappointment, or an inch toward something resembling progress, the cannabis industry’s mixed public opinions about...
It’s Official: DOJ Proposes Rescheduling Cannabis
WASHINGTON – It’s official: On Thursday, the Department of Justice (DOJ) proposed moving cannabis from Schedule I to Schedule III under the Controlled Substances...
Reform: Our Industry’s Great Divide
When Joseph R. Biden delivered the State of the Union address in March, he became the first United States president to use the word...
Is Rescheduling Imminent?
WASHINGTON – Rumors of an imminent drug policy announcement swept through the industry Tuesday morning after the Associated Press reported the Drug Enforcement Administration...
German Cannabis Legalization Fuels Surge in Weed Stocks
NEW YORK – Cannabis stocks soared Friday on the news Germany’s parliament legalized cannabis for personal possession and use.
Canopy Growth Corporation’s stock (NASDAQ: CGC)...
Stocks Slide As Fears about DEA Dissent Boil Over
NEW YORK – An exchange-traded fund (ETF) that tracks some of the largest multistate operators (MSOs) fell nearly 17 percent during the first two...
Cannabis Caucus Co-Chair Will Not Support Federal Rescheduling
SACRAMENTO – Rep. Barbara Lee (D) is digging in on her all-or-nothing stance on federal cannabis reform, saying she believes the potential move to...
More States Seek Bans on Synthesized Cannabinoids
PIERRE, S.D. – South Dakota lawmakers are joining a growing chorus of state governments and federal agencies taking action against unregulated cannabinoids synthesized from...
DOJ Asks Federal Court to Dismiss Lawsuit Calling CSA ‘Unconstitutional’
BOSTON – The Department of Justice has asked a federal district court to dismiss a cannabis-industry lawsuit that seeks to bar federal enforcement action...
Congressional Report Confirms Changing Marijuana to a Schedule III Drug Would Maintain Federal Criminalization
WASHINGTON – A new report from the Congressional Research Service (CRS) confirms that marijuana would remain criminalized under federal law if moved to Schedule...
