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DEA Warns Of Crackdown On Ketamine Prescribing Following Matthew Perry's Death
Thursday, August 29, 2024 - 1:53pm | 732The death of “Friends” actor Matthew Perry has spurred the Drug Enforcement Administration (DEA) into action. The agency is drawing alarming parallels between the rise in ketamine use and the early days of the opioid epidemic. As Double Blind reported, the DEA is now signaling a...
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DEA Can Still Make Cannabis Arrests In Legal Weed States Like Ohio, But It's Not 'Our Goal'
Tuesday, August 27, 2024 - 3:47pm | 521DEA agents can and may still make arrests for marijuana use despite Ohio’s November 2023 legalization of the cannabis because marijuana remains illegal under federal law. A DEA official told an Ohio radio network that its primary focus is on arresting major drug traffickers, but it does not...
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DEA Faces Legal Challenge Over Denial Of Psilocybin For End-Of-Life Care
Tuesday, August 20, 2024 - 3:07pm | 827A federal appeals court heard arguments on Monday in a case that could significantly impact access to psilocybin for terminally ill patients. As reported by Marijuana Moment, the case brought by Dr. Sunil Aggarwal and his Advanced Integrated Medical Science (AIMS) Institute, challenges the Drug...
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JD Vance Says There's Fentanyl In Marijuana 'Teenagers Are Using,' Trump Running Mate Raises Eyebrows
Monday, August 19, 2024 - 8:31am | 727Donald Trump‘s running mate JD Vance spoke at the Milwaukee Police Association‘s headquarters in Wisconsin Friday where he claimed that fentanyl-laced marijuana is turning up pretty much all over the place for which he engaged in a special barrage of criticism agains Democratic...
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Public Outcry For Cannabis Reform: Will Politicians Listen? Glass House Brands Speaks Out
Friday, August 2, 2024 - 8:56am | 839Glass House Brands (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX:GLASF) is calling for the complete de-scheduling of cannabis in an open letter to leaders of both political parties. Graham Farrar, president of Glass House Brands, along with CEO Kyle Kazan, penned a letter addressed to President...
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DEA Special Comment Period For Cannabis Rescheduling: US Tribes Weigh In, Seek Recognition For 'Ancient Medicinal Plant'
Thursday, July 25, 2024 - 2:14pm | 1064Several tribes and organizations have issued public comments during the DEA’s hearing process on rescheduling cannabis. They are pushing for rescheduling as it is in keeping with their long traditions. In their statements Ho-Chunk Nation, the Indigenous Cannabis Industry Association (ICIA)...
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Harris Vs. Trump: Will Cannabis Rescheduling Survive Biden's Exit? Analyst On Potential GOP Victory
Wednesday, July 24, 2024 - 12:15pm | 749The recent announcement that President Joe Biden dropping out of the 2024 election campaign has stirred significant reactions across various sectors, including cannabis. Pablo Zuanic, senior analyst at Zuanic & Associates, outlines the implications for the cannabis industry in his recent...
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'Opaque Political Processes,' DEA Rescheduling Deadline, And Now A New Presidential Candidate, It's No Wonder Cannabis Stocks Are Over The Place
Monday, July 22, 2024 - 6:48pm | 568The cannabis market saw a surge that waned by Friday, with the AdvisorShares Pure US Cannabis ETF (NYSE:MSOS) falling by 2.50% over the week, and the Global X Cannabis ETF (NYSE:YOLO) dropping 1.73%. Ascend's Financial Restructuring One notable bright spot was Ascend Wellness Holdings (OTC:AAWH),...
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European Cannabis Companies Race To The Nasdaq: $1B In Tax Break On The Horizon
Thursday, July 18, 2024 - 3:25pm | 992Some European cannabis companies are already planning initial public offerings (IPOs) on the Nasdaq, encouraged by the prospect of a less restrictive regulatory environment. The potential rescheduling of cannabis to Schedule III of the Controlled Substances Act and Germany’s...
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Over 33,000 Comments Flood DEA's Cannabis Rescheduling Proposal As July 22 Submission Deadline Looms
Thursday, July 18, 2024 - 11:29am | 840As the public comment period for the Drug Enforcement Administration’s (DEA) proposal to reclassify marijuana as a Schedule III substance under the Controlled Substances Act nears its July 22 deadline, the initiative has garnered significant public engagement. More than 33,000 comments have...
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Kentucky Gov Andy Beshear To DEA: Reschedule Cannabis 'Marijuana Products Will Reduce Suffering'
Wednesday, July 17, 2024 - 7:36pm | 625Kentucky Governor Andy Beshear is urging the Drug Enforcement Administration (DEA) to ease restrictions on marijuana. In a recent letter addressed to DEA administrator Anne Milgram, Beshear advocated for the reclassification of cannabis from a Schedule I drug, which includes substances like heroin...
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Is Big Pharma Poised To Take Over Cannabis? 3 Companies Already Manage 8 In 10 Drug Prescriptions In The US
Thursday, July 11, 2024 - 3:01pm | 860The U.S. Federal Trade Commission (FTC) recently highlighted the significant influence of pharmacy benefit managers (PBMs) on drug prices due to market consolidation. This trend raises critical questions about the future of the cannabis industry, especially if cannabis is federally legalized. The...
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Supreme Court Ruling Will Help This Company's Battle Against DEA's 'Kangaroo Court' And Anti-Cannabis Research Policy
Tuesday, July 2, 2024 - 11:16am | 851The Supreme Court recently ruled in a case Jarkesy versus Securities and Exchange Commission (SEC) that defendants have a right to a jury trial under the Seventh Amendment when facing enforcement actions from federal agencies, writes Vox. While this case considered a hedge fund manager accused of...
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DEA Indicts LA-Based Sinaloa Cartel Members For Laundering $50M In Drug Money Via Underground Chinese Networks
Saturday, June 29, 2024 - 3:06pm | 540The U.S. Department of Justice (DOJ) recently announced a 10-count indictment against Los Angeles-based associates of Mexico's Sinaloa drug cartel, which is run by the sons of Joaquin “El Chapo” Guzmán, who is serving a life sentence in a supermax prison in Colorado. These associates...
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'Reefer Madness: The Musical' Goes To Show That Outdated Weed Hysteria Is Still Fun To Parody
Tuesday, June 25, 2024 - 2:10pm | 568A lot has changed since “Reefer Madness: The Musical” debuted at the Hudson Theatre on Santa Monica Blvd. in 1998, starting with the legalization of marijuana in most states and the Biden administration's recent proposal to reschedule cannabis from its onerous position as a dangerous...