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Elon Musk, Vivek Ramaswamy: Here's An Agency You Might Want To Cut Back On And Save $40 Billion A Year
Wednesday, November 27, 2024 - 12:48pm | 673When the Drug Enforcement Administration marked its 50th anniversary last year, it had spent over $1 trillion partly to enforce Richard Nixon's 1970 Controlled Substances Act, the cornerstone of his War on Drugs, which is widely viewed as a failure. Now, doesn't this sound like the type of...
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DEA Judge Blocks Researcher's Motion In Cannabis Rescheduling Case
Monday, November 25, 2024 - 12:48pm | 540A DEA administrative law judge has denied MedPharm's motion to participate in the December 2 marijuana rescheduling hearing, deferring to DEA Administrator Anne Milgram's authority. MedPharm, a DEA-registered research firm, criticized the exclusion of marijuana researchers and the inclusion of...
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DEA Banned From Random Airport Searches After Scathing Justice Department Report Uncovers Corruption
Saturday, November 23, 2024 - 1:30pm | 529The Drug Enforcement Administration (DEA) has been barred from conducting random searches of travelers’ belongings at airports and transit hubs following a Justice Department investigation that exposed corrupt practices. The investigation, led by Inspector General Michael Horowitz, uncovered...
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US Overdose Deaths Decline As Fentanyl Potency Weakens, Harm Reduction Expands
Friday, November 22, 2024 - 4:00pm | 641For the first time in years, the U.S. is witnessing a sustained decline in overdose deaths. Federal data reveals a 14.5% drop in fatalities over 12 months ending June 2024, marking a significant shift after years of grim records. Experts attribute the change to a combination of expanded harm...
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DEA Is Compromised, DOJ Should Replace It In Cannabis Rescheduling, Claims Joint Motion
Wednesday, November 20, 2024 - 12:25pm | 1110Village Farms International, Inc. (NASDAQ:VFF) and Hemp for Victory filed a joint motion seeking to disqualify the Drug Enforcement Administration (DEA) from defending the proposed rescheduling of marijuana from Schedule I to Schedule III under the Controlled Substances Act. The parties argue that...
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Veterans Group Challenges DEA For Seat At Cannabis Debate Table
Tuesday, November 19, 2024 - 1:05pm | 743The Drug Enforcement Administration (DEA) may consider additional participants for its marijuana rescheduling hearings following a Nov. 15 order by chief administrative law judge (ALJ) John J. Mulrooney II. As MJBiz Daily reported, this development follows the withdrawal of some designated...
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Texas Smoke Shop Owners Sue DEA Over 'Intimidation And Bullying' Tactics In Raid Of Legal Retail Store
Saturday, October 26, 2024 - 10:17am | 748A legal dispute has erupted in Allen, Texas, where cannabis shop owners and their advocates are taking a stand against local and federal law enforcement, claiming their rights were violated during recent police raids. This lawsuit, filed by attorney David Sergi on Oct. 24, represents Sabhie Khan,...
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House Democrats Urge DEA To Speed Up Cannabis Rescheduling
Tuesday, October 1, 2024 - 8:14pm | 496Top Democrats from influential House committees are urging the Drug Enforcement Administration (DEA) to expedite the process of rescheduling cannabis. In a letter sent to Attorney General Merrick Garland and DEA Administrator Anne Milgram, Representatives Jerrold Nadler (D-NY) and Frank Pallone (D-...
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Meet The Man Serving A 40-Year Sentence For Non-Violent Cannabis Charges, Awaiting Pardon From Biden
Sunday, September 15, 2024 - 3:56pm | 595Edwin Rubis has served 27 years of a 40-year federal prison sentence after being convicted on non-violent cannabis related charges in the late 1990s. Cannabis and criminal justice reform advocates are rallying for his release by way of a presidential pardon from the Biden Administration. Rubis, now...
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Cannabis Experts Say Weed Reform Is A Race Against Time, Is The DEA Delaying Biden's Rescheduling Proposal?
Thursday, September 12, 2024 - 11:05pm | 693Investors in the cannabis sector are closely watching the potential rescheduling of cannabis by the DEA—a decision that could reshape the industry and unlock significant tax relief. As experts at a recent webinar discussed, the path forward hinges on a key Administrative Law Judge (ALJ) hearing...
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EXCLUSIVE: DEA Stalling Hinders Critical Clinical Trials For Debilitating Conditions, Says MMJ BioPharma CEO
Thursday, September 12, 2024 - 3:58pm | 891MMJ BioPharma Cultivation finds itself at the center of a pivotal legal struggle with the Drug Enforcement Administration (DEA), accusing the agency of significant delays in processing its application to grow marijuana for pharmaceutical research. The company's lawsuit claims these delays have...
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Will The DEA Complete Cannabis Rescheduling? Hear From Experts The Day After Harris-Trump Debate
Tuesday, September 10, 2024 - 4:37pm | 767One day after the September Tuesday’s presidential debate, industry experts will break down the cannabis rescheduling process, a crucial issue for investors. Equity research firm Z&A is hosting a webinar on Wednesday at 4:20 PM ET to provide insights into the upcoming regulatory shifts...
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U.S. Court Says This Cannabinoid Is Legal, Rejects DEA's Position On Controlled Substances
Friday, September 6, 2024 - 2:32pm | 597An U.S. appeals court has ruled that THC-O-acetate, a hemp-derived cannabinoid, is federally legal under the 2018 Farm Bill. This ruling contradicts the position of the Drug Enforcement Administration (DEA) on legal cannabinoids, which had classified THC-O as a Schedule I controlled...
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Cannabis Research Program At Ole Miss Approved, Funded By Mississippi Legislature
Wednesday, September 4, 2024 - 2:33pm | 561The Mississippi State Legislature passed legislation Tuesday to establish the Mississippi Medical Cannabis Research Program at the University of Mississippi, marking a significant step forward in the study of medical marijuana applications. Governor Tate Reeves (R) ratified the bill, which aims to...
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Cannabis Rescheduling Could Reverse 'Decades Of Misguided Drug Policy,' Says Key Industry Organization Following DEA Hearing Rescheduling (UPDATED)
Friday, August 30, 2024 - 2:06pm | 494Editor’s note: this article has been updated to reflect the views of the NCR more accurately. The U.S. Drug Enforcement Administration (DEA) has scheduled a hearing on Dec. 2, 2024, to discuss the proposed reclassification of cannabis as a Schedule III substance under the Controlled...