Congressional Research Service

New Congressional Report Highlights Perils Of Cash-Only Transactions For Cannabis Industry Licensed state-legal cannabis businesses are facing significant challenges, due the the lack of banking access, suggested a report published by the Congressional Research Service (CRS) on Tuesday. "If...

The U.S. Drug Enforcement Administration (DEA) might finally budge on it is decades-long cannabis criminalization, but don’t hold your breath for legal weed shops just yet. In a  new report published Tuesday, the Congressional Research Service (CRS) explained the limitations of rescheduling,...

On August 29, 2023, the U.S. Department of Health and Human Services (HHS) recommended the DEA reclassify marijuana and move it from Schedule I to Schedule III, following a review by the Food and Drug Administration (FDA), as part of a process initiated by President Joe Biden in...

A bipartisan group of senators, including Mark Warner (D-VA), Bob Casey (D-PA), Bill Cassidy (R-LA), Marco Rubio (R-FL) and Bill Hagerty (R-TN), have pinpointed state-level marijuana legalization as a disruptor to international drug cartels. These senators, while not direct proponents of...

On Monday, Governor Kate Brown announced a pardon for prior offenses of simple cannabis possession impacting an estimated 45,000 individuals across the state and to forgive more than $14,000,000 in associated fines and fees. Cannabis Pardon's Impact “No one deserves to...

President Joe Biden recently admitted that cannabis reform is a matter of racial equity, at least in a way. In a Tuesday radio interview on The Rickey Smiley Morning Show, the President was asked what he's done to better the lives of Black Americans since he...

According to an updated Congressional report, demand for illicit marijuana from Mexico continues to drop since cannabis is legal in the U.S. and Canada. Apparently, the international drug trade is shifting as the legalization movement expands. “Seizures of imported marijuana began to decline...