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Legal Shifts, Financial Waves: How Cannabis's Possible Reclassification Can Impact The Market
Friday, September 22, 2023 - 9:17am | 1140In a pivotal moment for the American cannabis sector, the U.S. Department of Health and Human Services (HHS) has proposed a reclassification of cannabis to the DEA. This could shift cannabis from its current Schedule I status, bringing potential upheaval in the perception and market dynamics of the...
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Bright Green Achieves Landmark DEA Approval As A Bulk Manufacturer Of Cannabis
Monday, May 1, 2023 - 5:54pm | 749Bright Green Corporation (NASDAQ: BGXX) recently announced that it has successfully registered its federal license with the DEA for the cultivation, manufacture and sale of cannabis and cannabis-related products for research and pharmaceutical applications under federal and state law. The...
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The Council For Federal Cannabis Regulation Launches, Targets CBD Regulation First
Wednesday, February 26, 2020 - 8:20am | 497Cannabis industry leaders are launching the Council for Federal Cannabis Regulation. The goal of this independent, tax-exempt nonprofit is to help cannabis become a mainstream consumer goods product by educating federal regulators, legislators and people from outside the industry. Sheri Orlowitz,...
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A Snapshot Of America's Medical Marijuana Markets: Illinois
Tuesday, February 4, 2020 - 5:07pm | 1177On Jan. 1, 2020, Illinois became the 11th U.S. state to begin adult use cannabis sales. In doing so, Illinois became the latest to serve as an example of how state's fair after expanding to include adult use sales. The Priorities For Cannabis In Illinois While most agree that it is too early to...