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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...
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Could The Supreme Court Be The Last Chance For Marijuana Legalization In America?
Wednesday, July 10, 2024 - 3:13pm | 1075This article was originally published on Cannabis.net and appears here with permission. Rescheduling cannabis to a Schedule 3 drug may or may not be off the board with the Supreme Court ruling that overturned a 52-year-old decision on the Chevron Oil company. The cannabis industry was in a...
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[Infographic] DEA's Proposed Rules For Marijuana: What You Need To Know
Monday, May 20, 2024 - 11:02am | 1173The Department of Justice (DOJ) and the Drug Enforcement Administration (DEA) have proposed a groundbreaking change to the federal scheduling of marijuana, aiming to reclassify it from Schedule I to Schedule III of the Controlled Substances Act (CSA). This move, detailed in a formal notice of...
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Cannabis Tax Changes Could Trigger 504% Cash Flow Leap, Which Industry Players Will Benefit?
Thursday, August 31, 2023 - 4:34pm | 629The Department of Health and Human Services' recommendation to reclassify marijuana as a Schedule III drug under the Controlled Substances Act set off ripples across the cannabis market. One day following Wednesday's news, MSOS ETF (ARCA: MSOS) surged by 21%. Notable companies also...
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Could Marijuana Be A Schedule III Substance? Ex-FDA Official Thinks So
Monday, August 28, 2023 - 4:13pm | 638Marijuana could end up being categorized as a Schedule III substance under the Controlled Substances Act (CSA), reported Marijuana Moment, citing a former top Food and Drug Administration (FDA) official. How? Howard Sklamberg, who chaired the FDA's Marijuana Working Group from 2014 to 2017,...
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Meet The Astronauts Who Will Fly To The Moon 50 Years After The Last Human Landings
Tuesday, April 4, 2023 - 3:07am | 603NASA and the Canadian Space Agency named the four astronauts who will be part of their Artemis II mission on Monday. What Happened: NASA astronauts Reid Wiseman, Victor Glover, and Christina Hammock Koch, and CSA astronaut Jeremy Hansen shall be part of the...
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Houston, We Have A Crew: NASA, Canada Space Agency To Name Astronauts For Historic Lunar Mission Today
Monday, April 3, 2023 - 11:41pm | 352NASA and the Canadian Space Agency will reveal the names of the astronauts who will be part of their Artemis II mission on Monday. What Happened: NASA and the Canadian Space Agency shall reveal the names of the three NASA astronauts and the one CSA astronaut who will be part of the 10-day Artemis...
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On Election Day, House Lawmakers Announce Hearing To Discuss Marijuana Reform Issues
Tuesday, November 8, 2022 - 2:34pm | 578As voters head to the polls today to decide on marijuana legalization around the country among many other issues, the House Oversight Civil Rights and Civil Liberties Subcommittee announced that lawmakers will meet next week. The purpose of the hearing will be to discuss...
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DEA's Consistent Denial Of Psilocybin Access For Terminally Ill Being Challenged Again
Thursday, October 27, 2022 - 4:22pm | 500The ongoing battle led by palliative care specialist Dr. Sunil Aggarwal to pressure the DEA to allow end-of-life treatments for patients seeking to use psychedelics introduced another chapter. The agency replied to Dr. Aggarwal’s petition last month stating that...
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Cannabis Industry's Lack Of Federal Debt Relief Due To Fed Classification On Par With Hard Drugs
Friday, September 9, 2022 - 3:27pm | 542A new report warned that cannabis growers have no access to federal bankruptcy protection, thue 'undermining' the industry’s potential. This is because marijuana is still classified by federal law as an illicit substance. According to the Cannabis Law Journal, the fact that cannabis...
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Federal Update: Psychedelic Policy Review Demanded By Congressional Principals, Here's What's Happening
Monday, June 27, 2022 - 4:26pm | 311The most recent report for the Commerce, Justice, Science, and Related Agencies (CSJ) produced by the House of Committee on Appropriations includes a novel section concerning psilocybin, where it demands a Government Accountability Office (GAO) analysis concerning state, local and tribal psilocybin...
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Pot Stocks, ETFs And Other Top News In The Cannabis Industry This Week
Friday, February 9, 2018 - 6:12pm | 1098Despite Friday’s rebound, this was a bad week for the U.S. stock market. Cannabis stocks followed a very different trajectory, with the United States Marijuana Index, which tracks 15 of the largest marijuana stocks in the U.S., posting a loss of 2.34 percent Friday, but still closing the week...