-
Leafly's Take: Cannabis Reclassification, Consumer Choices And The Budtender Connection
Monday, September 11, 2023 - 7:59am | 1105In an exclusive interview with Benzinga, Carlos Pinto, chief commercial officer (CCO) of Leafly Holdings Inc. (NASDAQ: LFLY) discussed the strategic shift the cannabis marketplace and education platform has undergone. He also shared his perspective on the Department of Health...
-
Report: 650% Spike In Cannabis Medicine Trials Prioritizing Chronic And Neuropathic Pain
Wednesday, September 6, 2023 - 5:52pm | 547Could the future of healthcare be intertwined with cannabis-based medicines? A recent report by Prohibition Partners, a data, media and tech company operating in the cannabis industry, reveals a remarkable 650% surge in clinical trials using cannabis-based medicines to alleviate symptoms...
-
How Much Cannabis Does America Really Grow And How It Compares To Other Big Crops: Answer Might Surprise You
Tuesday, September 5, 2023 - 1:26pm | 650Leafly Holdings, Inc. (NASDAQ: LFLY) annual Cannabis Harvest Report reveals that in some states, cannabis is consistently one of the highest-value crops in the field, though the federal government and some state and local governments do not track weed harvest...
-
Chuck Schumer Pushes For Cannabis Banking In His Weekly 'Dear Colleague' Letter
Friday, September 1, 2023 - 12:36pm | 499In his weekly Dear Colleague letter, Senate Majority Leader Chuck Schumer (D-NY) renewed his call to pass a cannabis banking bill before the legislative period runs out. "In the remaining months of this year, we also have an opportunity to advance legislation on a number of...
-
August's Top-Performing ETF Is Marijuana-Related: Relaxed Federal Cannabis Laws Coming?
Friday, September 1, 2023 - 10:19am | 559The AdvisorShares Pure US Cannabis ETF (NASDAQ: MSOS) surged by more than 14% on Thursday as the whole cannabis sector experienced a boost of enthusiasm on news that the Department of Health and Human Services was officially directing the DEA to ease the onerous...
-
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...
-
Health Dept Decision To Move Cannabis To Lower-Risk Category: Bull Case Narrative For The Industry
Thursday, August 31, 2023 - 1:45pm | 758Recent news that the Department of Health and Human Services (HHS) is recommending the reclassification of marijuana as a Schedule III drug under the Controlled Substances Act has ignited significant market reactions. On the day following the report, MSOS ETF (ARCA: MSOS) surged...
-
Chuck Schumer Responds To Cannabis Rescheduling, Sen. Ron Wyden Calls It 'Historic Leap'
Wednesday, August 30, 2023 - 7:14pm | 570New York Senator Chuck Schumer (D) responded to Wednesday's news that the Dept. of Health and Human Services wrote to DEA administrator Anne Milgram calling for marijuana to be reclassified as a Schedule III drug under the Controlled Substances Act. Cannabis'...
-
Cannabis Stocks Soar As Gov Health Officials Call On DEA To Reschedule Marijuana: Is Legalization In Sight?
Wednesday, August 30, 2023 - 3:00pm | 452The Department of Health and Human Services is recommending to the Drug Enforcement Administration that cannabis should be reclassified as a Schedule III controlled substance under federal law, according to a report by Bloomberg on Wednesday. Currently, cannabis is a Schedule I drug,...
-
Health Officials To DEA: Ease Federal Restrictions On Cannabis - Will This Set Stage For Legalization?
Wednesday, August 30, 2023 - 12:55pm | 389A top official at the Department of Health and Human Services wrote to Drug Enforcement Agency administrator Anne Milgram calling for marijuana to be reclassified as a Schedule III drug under the Controlled Substances Act, according to a letter dated Aug. 29 seen by Bloomberg...
-
Senators Booker, Lee & Pocan Behind Bill To Protect Psychoactive Herb Kratom
Thursday, December 22, 2022 - 4:55pm | 555A bipartisan group of senators presented a bill to protect consumer access to kratom, a tropical plant native to Southeast Asia, which is currently not illegal and can produce effects similar to opioids, reported Marijuana Moment. Being legal, kratom is easily accessible around the U.S....
-
Biden's Health Secretary: President Is Reviewing Fed Cannabis Scheduling & Supports Evidence-Based Policies
Friday, December 2, 2022 - 3:30pm | 394The head of the U.S. Department of Health and Human Services (HHS), Xavier Becerra, said Friday that the Biden administration is committed to supporting evidence-based policies for marijuana as it works to complete a review of federal cannabis scheduling as directed by the president, reported...
-
Top FDA Official Says Marijuana Scheduling Review Is 'A Very High Priority,' But Who Has Final Say?
Friday, October 28, 2022 - 8:27am | 481Department of Health and Human Services (HHS) Secretary Xavier Becerra said earlier this month that the agency plans to review the status of cannabis as a Schedule I drug following President Joe Biden's historic announcement that he will pardon federal cannabis possession convictions,...
-
Spiritual Psychedelics: Native American Church Requests Congressional Funds To Grow & Protect Peyote
Monday, September 19, 2022 - 3:29pm | 403Leaders of the Native American Church of North America (NACNA) recently met with several Congressional officials in the hope of directing federal funding toward supporting the preservation of the natural habitats of peyote for future generations. As this...
-
Salesforce Touts Benefits Of New $100 Million Contract From US Government Agency
Wednesday, March 30, 2016 - 1:39pm | 244Salesforce.com, inc. (NYSE: CRM) announced Wednesday it has won a $100 million contract with a U.S. governmental agency, which has subsequently helped boost shares higher. Salesforce said that the U.S. Department of Health & Human Services (HHS) launched an agency-wide $100 million Blanket...