-
Federal Overreach Vs. State Rights: Can Cannabis Businesses Gain Independence?
Friday, October 11, 2024 - 4:11pm | 660At the recent Benzinga Cannabis Capital Conference in Chicago (Oct. 8 and 9), Emily Paxhia, founding partner and managing partner of Poseidon Investment Management, shared her thoughts on one of the most pressing legal battles facing the cannabis industry. Speaking shortly after her panel, Paxhia...
-
DEA Rejects Witnesses For November Hearings On Two Psychedelic Compounds, Advocates Push Back
Monday, October 7, 2024 - 11:56am | 729The Drug Enforcement Administration (DEA) has denied testimony from key witnesses ahead of scheduled hearings to discuss the potential classification of two psychedelic compounds, 2,5-dimethoxy-4-iodoamphetamine (DOI) and 2,5-dimethoxy-4-chloroamphetamine (DOC), as Schedule I substances. According...
-
Kamala Harris' Cannabis Legalization Stance: What It Means For Federal Policy
Wednesday, September 18, 2024 - 8:26am | 667As Election Day approaches, the cannabis industry is closely watching Kamala Harris‘s pro-legalization stance, since the Democratic nominee is the first presidential candidate on a ticket explicitly advocating for marijuana reform. Pablo Zuanic, a highly regarded equity analyst in the...
-
Cannabis Companies Fight Federal Court Dismissal On Prohibition Lawsuit, Heading To Next Legal Stop
Wednesday, September 11, 2024 - 5:35pm | 688A group of cannabis companies filed an appeal challenging a federal court decision to uphold cannabis prohibition under the U.S. Controlled Substances Act (CSA). This appeal, led by renowned attorney David Boies, contests the dismissal of a high profile lawsuit aimed at blocking federal enforcement...
-
As Election Buzz Swirls Around Biden And Harris, DEA Comment Period Ends: What's Next For Cannabis Rescheduling?
Tuesday, July 23, 2024 - 11:02pm | 720The deadline for public comments on the Drug Enforcement Administration's (DEA) rescheduling proposal concluded on Monday July 22. This marks a pivotal moment in the ongoing process of potentially reclassifying certain controlled substances, with significant administrative steps lying...
-
Social Workers Call On Biden To Fully Decriminalize Marijuana
Friday, July 5, 2024 - 4:21pm | 844Nearly 150 social workers have issued a call to President Joe Biden to remove marijuana entirely from the federal Controlled Substances Act (CSA), despite the administration’s proposal to downgrade the substance from Schedule I to Schedule III. The letter, sent last week, stressed the urgent...
-
Over 400 Physicians And Medical Experts Demand U.S. Gov Fully Deschedule Cannabis, Citing Insufficiency Of Rescheduling
Thursday, June 13, 2024 - 3:20pm | 872Doctors for Drug Policy Reform (D4DPR), a non-profit organization representing over 400 physicians and licensed medical practitioners, recently released a position paper outlining the critical need to deschedule cannabis entirely from the U.S. Controlled Substances Act (CSA), moving beyond the...
-
The Court Case That Could Change The Cannabis Industry Forever And How It Affects Rescheduling
Tuesday, April 16, 2024 - 5:12pm | 787A groundbreaking court case filed in Massachusetts against U.S. Attorney General Merrick Garland has captured the attention of the cannabis industry, promising to potentially reshape its future. The lawsuit challenges the federal government's classification of state-legal cannabis operations as...
-
Federal Researchers Find New Methods To Ascertain Difference Between Cannabis And Hemp
Thursday, February 15, 2024 - 6:18pm | 614Researchers funded by the National Institute of Justice (NIJ) developed innovative, cost-effective forensic methods to measure the exact amount of THC present in a cannabis sample, aiming to accurately differentiate hemp from marijuana. Expensive Precision For A Costly And Outdated War The...
-
Is Marijuana A Controlled Substance? Wait… What Is A Controlled Substance?
Friday, February 2, 2024 - 4:05pm | 589A controlled substance is a drug or chemical whose manufacture, possession, and use are regulated by the government. The regulation takes into account factors such as medical use, potential for abuse, and safety or dependence liability. Under the Controlled Substances Act (CSA), substances are...
-
DEA Under Pressure To 'Deschedule Marijuana Altogether': 12 US Senators Send Demand To Merrick Garland, Anne Milgram
Tuesday, January 30, 2024 - 1:19pm | 629A group of 12 Democratic U.S. senators are urging the Drug Enforcement Administration this week to fully legalize cannabis. Led by Elizabeth Warren (D-Mass.) and John Fetterman (D-Penn.), the senators sent a letter signed by Senate Majority Leader Chuck Schumer (D-N.Y.), to Attorney General Merrick...
-
Indiana Democrats Propose Bills To Legalize Medical And Adult-Use Cannabis
Wednesday, January 10, 2024 - 12:13pm | 526Indiana Democrats propose bills to legalize medical and adult-use cannabis, challenging federal prohibition and signaling major policy shift. In a move challenging federal cannabis prohibition, Indiana’s Democratic Senators Rodney Pol and David Niezgodski have introduced bills to legalize...
-
DEA Renews Effort To Place 2 Psychedelics In Strictest Drug Category
Thursday, December 14, 2023 - 6:01pm | 710On Dec. 12, the Drug Enforcement Administration (DEA) and the Justice Department jointly released a proposed rule to place 2,5-dimethoxy-4-iodoamphetamine (DOI) and 2,5-dimethoxy-4-chloroamphetamine (DOC) in Schedule I under the federal Controlled Substances Act (CSA). Both DOI and DOC are...
-
Congressman Dave Joyce Files Cannabis Reclassification Bill Allowing Interstate Commerce, Tax Relief & More
Thursday, December 7, 2023 - 9:04pm | 495In a significant development, Rep. Dave Joyce (R-OH) has reintroduced the Strengthening the Tenth Amendment Through Entrusting States (STATES) 2.0 Act, signaling a renewed effort to end federal marijuana prohibition in states where it is legal. The revised bill, co-sponsored by Rep. Lori...
-
Should The Biden Administration Reschedule Cannabis By Year-End? Six Governors Say Yes
Wednesday, December 6, 2023 - 1:38pm | 621Governors of Colorado, Illinois, New York, New Jersey, Maryland and Louisiana have collectively urged President Biden to reschedule cannabis to Schedule III of the Controlled Substances Act by year-end. This move, they argue, will align government policy with public opinion, where 88% of Americans...