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Tag: Schedule III
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...
Prodigy Processing Solutions Announces Strategic Partnership to Elevate Cannabis Extraction to Pharmaceutical Standards
MIAMI -- Prodigy Processing Solutions, a pioneering force in hydrocarbon extraction technology, partnered with Solvent Direct, a supplier of high-purity solvents specifically engineered for...
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...
DEA Confirms Rescheduling Review
WASHINGTON – At long last, the notoriously tight-lipped Drug Enforcement Administration confirmed it is reviewing a recommendation that cannabis be moved from Schedule I...
Rumors of 280E’s Death Were Greatly Celebrated at MJBizCon 2023
LAS VEGAS – Conference organizers love inserting a pithy catchphrase like “dare to grow” to curate an event’s atmosphere, but palpable optimism that the...
Jason Wild Unleashed
In challenging times, people often turn to iconoclasts to blaze new trails. While the industry is at a difficult crossroads, there are few figures...
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...
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...
Congressman Steube Introduces Bill to Reschedule Cannabis
WASHINGTON, D.C. – Congressman Greg Steube (R-Fla.) on Thursday introduced the Marijuana 1-to-3 Act of 2019. If passed, the act would reschedule cannabis from...