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Exterior of the United States Court of Appeals for the D.C. Circuit in Washington, D.C., photographed under overcast light. The neoclassical façade with tall stone columns conveys the gravity of federal judicial review.

Federal Appeals Court Leaves Blanche’s Schedule III Order in Place

The D.C. Circuit declined to suspend Attorney General Todd Blanche’s limited marijuana rescheduling order while several challenges to its legality proceed. The court also denied two state-licensed operators full intervenor status but allowed them to participate as amici.
Overlapping technical blueprints on a drafting table represent competing federal proposals for regulating the hemp market.

Congress Can’t Agree on What Hemp Should Be

Congress has no shortage of ideas for hemp after December 11. Lawmakers are pursuing repeal, delay, FDA regulation, state-led oversight, and a separate system for hemp beverages. The differences could reshape which products remain viable, who regulates them, and what compliance costs operators face.
Aerial view of a highway interchange in Louisville, Kentucky, with multiple routes crossing and diverging.

The Hemp Deadline Moved. Your Contingency Plan Shouldn’t.

Congress gave hemp companies another month before most new federal restrictions take effect, but no additional certainty about what comes next. Rather than trying to predict Washington, executives can use the time to identify where the business is exposed, preserve flexibility across multiple outcomes, and establish clear triggers for changing course.
An elaborate legislative machine processes a box labeled Nov. 12 and sends it out labeled Dec. 11.

Congress Found 61 Votes to Delay the Hemp Ban. Why Not Fix the Law?

Congress gave most hemp-derived cannabinoid products another 29 days before sweeping federal restrictions take effect. But the reprieve arrived through another must-pass funding bill, while standalone hemp legislation remains stuck and the Farm Bill stalled over an unrelated SNAP dispute.
Abstract paths and financial symbols representing strategic alternatives in the Aurora-Curaleaf takeover battle.

Aurora Rejects Curaleaf Bid, Opens Door to Other Offers

Aurora rejected Curaleaf’s hostile takeover bid and disclosed that advisers are evaluating strategic alternatives, including potential competing offers, as the companies clash over valuation, upside, and voting control.
Editorial illustration of an intricate adaptive machine with interconnected gears, conveyors, sensors, and feedback systems.

The Rules Will Change. Build a Company That Can Too.

Cannabis regulations can change quickly and differently from one state to another, turning ordinary planning into an operational challenge. A multistate operator argues companies should stop treating every new rule as a crisis and instead build systems that detect changes early, preserve local flexibility, communicate updates consistently, and verify implementation.
AI cyberattacks targeting cannabis business data and cybersecurity systems

Supercharged AI cyberattacks: Cannabis Businesses Are Not Ready.

AI is lowering the barrier to sophisticated cyberattacks, raising the stakes for cannabis businesses already vulnerable through POS systems, compliance platforms, and sensitive customer data.
Four complete mechanical systems emerge from an array of specialized modular components.

Every Market Narrows to 3–5 Players. Are You Building One of Them?

Capital and technology may not determine which cannabis companies survive consolidation. The real dividing line is whether leaders can replace individual intuition with repeatable systems and make difficult organizational decisions before the market forces them. Drawing on his own countercyclical investment and painful restructuring, one executive asks whether today’s company is built to remain standing five years from now.
A flock of mallards rises from a wetland at Swan Lake National Wildlife Refuge in Missouri.

Cannabis Companies Should Protect the Places They Call Home

Local conservation can give cannabis companies a meaningful way to support their communities. Adolphus A. Busch V outlines four principles for credible partnerships and explains why transparency, measurable commitments, and long-term participation matter more than promotional claims.
An illustration shows a Curaleaf logo, an arrow climbing upward to smash into a ceiling, and a pile of financial documents.

Curaleaf’s Aurora Bid Has a Cap, No Floor, and a Contradiction

Curaleaf’s hostile bid asks Aurora Cannabis shareholders to accept an offer advertised at US$4 per share. But the mostly stock consideration has no downside floor, its upside is capped, and U.S. investors would exchange a Nasdaq-listed security for shares traded domestically over the counter. The offer circular also appears to contain outdated information about the conversion of Boris Jordan’s multiple-voting shares.

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