-
US Department of Health And Human Services Aligns With Trump's Executive Order, To Cut 10K Jobs, Save $1.8 Billion
Thursday, March 27, 2025 - 12:41pm | 501The U.S. Department of Health and Human Services (HHS) unveiled a sweeping restructuring plan on Thursday that aims to cut costs, streamline operations and refocus priorities. The changes, aligned with President Donald Trump’s executive order on government efficiency, will reduce the agency's...
-
Robert F. Kennedy, Vaccine Skeptic, Confirmed As Trump's Secretary Of Health: Health Care Stocks To Watch
Thursday, February 13, 2025 - 1:09pm | 547The U.S. Senate voted on Thursday to confirm President Donald Trump's nomination of Robert F. Kennedy Jr. to lead the Department of Health and Human Services. The Details: The Senate voted 52 to 48 to confirm Kennedy as health secretary, with Sen. Mitch McConnell as the only Republican who...
-
If You Invested $1,000 In Bitcoin When Robert F. Kennedy Jr. Said He Bought 2 BTC Each For His Kids, Here's How Much You'd Have Now
Tuesday, February 4, 2025 - 4:19pm | 560Robert F. Kennedy Jr. didn't win the 2024 presidential election, but could find his way into President Donald Trump's cabinet as the leader of the Department of Health and Human Services. Kennedy's appointment would add to a growing list of leaders in the new administration who advocate for the...
-
Elizabeth Warren Questions Robert F. Kennedy Jr. On 'Dangerous Views,' Pot Legalization Timeline As His Senate Hearing Stalls
Tuesday, January 21, 2025 - 1:38pm | 545U.S. Sen. Elizabeth Warren (D-Mass.), a member of the Senate Finance Committee, sent a 34-page letter to Robert F. Kennedy Jr., who was tapped by President Donald Trump in mid-November to lead the Department of Health and Human Services. Warren's missive details her concerns about his nomination. "...
-
DEA Judge Cancels Marijuana Rescheduling Hearing Amid 'Disturbing' Allegations Of Improper Conduct
Tuesday, January 14, 2025 - 9:27am | 572A federal judge delayed a pivotal hearing on the Biden administration's proposal to ease restrictions on marijuana, citing serious allegations of misconduct within the Drug Enforcement Administration (DEA). On Monday afternoon, Administrative Law Judge John Mulrooney canceled the Jan. 21 hearing,...
-
DEA Accused Of Bias In Cannabis Rescheduling Hearings: Weed Stocks Plummeted In 2024 As Process Drags On
Wednesday, January 8, 2025 - 2:21pm | 743In a new twist on Wednesday, a DEA judge ordered the agency to respond to allegations that it opposes President Joe Biden's directive of August 2023 to reschedule marijuana and that it is improperly conferring with cannabis opponents. Marijuana Moment reported that one day after a motion was filed...
-
Bristol-Myers Squibb Files Lawsuit Against US Agency For Overreach In 340B Drug Pricing Program
Friday, November 29, 2024 - 1:37pm | 525Bristol-Myers Squibb Co (NYSE:BMY) filed a lawsuit on Tuesday against the U.S. Health Resources and Services Administration (HRSA) and the U.S. Department of Health and Human Services (HHS), alleging that HRSA's rejection of its proposed rebate model for the 340B Drug Pricing Program violates...
-
DEA Sets Stage For Marijuana Rescheduling With December 2 Hearing
Wednesday, November 27, 2024 - 1:42pm | 720The Drug Enforcement Administration (DEA) will hold its first hearing on December 2 to address the Biden administration’s proposal to reclassify marijuana from Schedule I to Schedule III under the Controlled Substances Act (CSA). The hearing, announced through a public advisory on November 26...
-
RFK Jr. Wants Donald Trump To Cut Out McDonald's: 'The Stuff That He Eats Is Really, Like, Bad'
Monday, November 18, 2024 - 1:34pm | 938Restaurant giant McDonald's Corporation (NYSE:MCD) could be in the sights of future Department of Health and Human Services nominee Robert F. Kennedy Jr., adding to the company's recent struggles that include an E. Coli outbreak. What Happened: President-elect Donald Trump recently announced that...
-
Veteran Organizations Urge Biden And DEA To Reform Cannabis Policy, Citing Health Issues
Thursday, February 22, 2024 - 2:25pm | 675Several of America’s largest veterans organizations have rallied behind the push for the Biden administration to swiftly lower federal restrictions on cannabis. This call to action, embodied in a letter to the Department of Justice, comes after the Department of Health and Human Services...
-
Dazed By The Cannabis ETF Whirlwind? Here Is A Short Guide To Survival
Friday, February 9, 2024 - 1:13pm | 639Cannabis ETFs are experiencing one of their most dynamic years yet, driven by significant regulatory shifts. The Department of Health and Human Services‘ recommendation to reclassify cannabis from a Schedule I to a Schedule III drug under the Controlled Substances Act marks a pivotal moment....
-
DEA's Cannabis Classification: Time To Right A Decades-Old Mistake As Feds Confirm Marijuana's Medical Benefits
Sunday, January 14, 2024 - 1:33pm | 559Schedule I drugs are defined by the DEA as substances with no “currently accepted medical use and a high potential for abuse.” The list includes heroin, LSD, ecstasy, meth, peyote, and, for the past 24 years, cannabis. With Friday’s release of documents related to the...
-
Should The Biden Administration Reschedule Cannabis By Year-End? Six Governors Say Yes
Wednesday, December 6, 2023 - 1:38pm | 621Governors of Colorado, Illinois, New York, New Jersey, Maryland and Louisiana have collectively urged President Biden to reschedule cannabis to Schedule III of the Controlled Substances Act by year-end. This move, they argue, will align government policy with public opinion, where 88% of Americans...
-
Biden's Health Agency Unpacks Trends In Cannabis Use: Who's Buying, Consuming What
Wednesday, November 15, 2023 - 2:03pm | 540The U.S. Department of Health and Human Services (HHS), through the Substance Abuse and Mental Health Services Administration (SAMHSA), released results of the 2022 National Survey on Drug Use and Health (NSDUH). The study now includes questions about various methods of cannabis use...
-
Weed Stocks Skyrocket, Could There Be More Upside? Analyst Draws Scenarios
Friday, September 1, 2023 - 3:49pm | 961The Department of Health and Human Services (HHS) suggested the DEA reclassify cannabis as a Schedule III controlled substance under federal law. Assistant Secretary for Health Rachel Levine's letter triggered a much-needed rally in cannabis stocks. In a recent analyst note, a...