National Cannabis Industry Association

The long-awaited hearing to discuss cannabis rescheduling will begin on January 21, 2025, marking a significant moment in the ongoing debate over cannabis regulation. As Business of Cannabis reported, the six-week hearing will continue until March 6, 2025, but its outcome remains uncertain due to...

Senator Ron Wyden (D-OR) introduced the Cannabinoid Safety and Regulation Act (CSRA) on Wednesday, aiming to establish a federal framework for regulating hemp-derived cannabinoids like CBD and Delta-8 THC. The legislation seeks to protect public health by setting national standards on age...

As cannabis consumption becomes increasingly common across the U.S., a federal advisory panel is calling for a major shift in how the government handles marijuana policy. Moving away from the “Just Say No” campaigns of the past, Thursday's report from the National Academies of Sciences...

A coalition of bipartisan cannabis advocates, industry leaders and grassroots organizations mobilized by the Last Prisoner Project (LPP) will convene in the nation’s capital on April 18, 2024, for a 420 Unity Day of Action. This gathering marks a unified effort to pressure Congress and...

The cannabis industry is scaling back its lobbying presence in Washington, facing financial woes due to marijuana's ongoing status of federal illegality. Major players like Curaleaf Holdings Inc (OTCQX: CURLF) have been compelled to slash their lobbying budgets by 40% in the first...

NCIA Sacks Half Of Its Team To Increase Financial Strength The National Cannabis Industry Association sacked nearly half of its workforce as part of a cost-reduction initiative in an effort to remain financially sound in 2023, reported Green Market Report. The organization...

Sponsors of the Secure and Fair Enforcement (SAFE) Banking Act recently discussed the urgency of enacting cannabis reform this session, reiterating the public safety imperative of providing the industry access to the financial system. Bipartisan and bicameral sponsors of banking reform said...

Would you like a nice slice of pepperoni pizza made with THC-infused tomato sauce? Who wouldn’t, right? Well, there’s hope. At least for New Yorkers, whose state officials are apparently mulling over this culinary cannabis creation.  The New York Post reported ...

As the cannabis industry scales, so does its need for experienced business veterans to steer companies towards the top. The demand has led to an influx of executives entering the space from other industries. Most in the cannabis industry note that the move is a likely response to a nascent...

Marijuana advocates and stakeholders such as the Marijuana Justice Coalition and National Cannabis Industry Association have bombarded U.S. senators with feedback on a bill for the federal legalization of cannabis. Although President Joe Biden has been slower than many may have hoped to...

With cannabis being legal in some form in 47 states and with federal legalization just around the corner, the National Cannabis Industry Association (NCIA) has released a summary of scientific, historical and medical uses of cannabis designed to inform policymakers and medical...

Last week, New York legislators announced a three-way agreement between Gov. Andrew Cuomo and the State Legislature (Senate and Assembly) that would fast-track adult-use cannabis in the state. Reports state that the bill expects to include a 13% sales tax with an excise tax of up to 3 cents per...

Senators Reintroduce SAFE Banking Act While last week, the SAFE Banking Act was reintroduced in the U.S. House of Representatives on Tuesday, while a parallel bipartisan measure was also represented, reports Marijuana Business Daily. Sens. Jeff Merkley, a Democrat from Oregon, and Steve Daines, a...

Cannabis industry professionals tell Benzinga that 2021 should be a year of ongoing regulatory movement even as uncertainty lingers due to the Jan. 5 Georgia Senate runoffs. Experts in the space predict a year of reform, setting up for continued progress throughout the decade. "Get...

As 2020 comes to a close, the cannabis industry can call itself one of the few winners from an otherwise calamitous year. While the industry did take its fair share of hits, the wins gained on the state and federal level helped soften the blows brought on by the coronavirus pandemic and other...