marijuana rescheduling

Top Democrats from influential House committees are urging the Drug Enforcement Administration (DEA) to expedite the process of rescheduling cannabis. In a letter sent to Attorney General Merrick Garland and DEA Administrator Anne Milgram, Representatives Jerrold Nadler (D-NY) and Frank Pallone (D-...

Congressman Earl Blumenauer (D-OR) has urged Speaker Mike Johnson (R-LA) to place cannabis reform policies up for a vote in the U.S. House of Representatives. The founder and co-chair of the Congressional Cannabis said in a Monday letter to his chamber colleague he "strongly” encourages...

Congressman Earl Blumenauer, a Democrat from Oregon and co-chair of the Congressional Cannabis Caucus says he’s disappointed the U.S. Drug Enforcement Administration (DEA) chose to delay rescheduling of marijuana. "It is incredibly disappointing to see the DEA drag their feet on an issue...

A group of the U.S. senators are yet again pushing Attorney General Merrick Garland and DEA administrator Anne Milgram to reschedule marijuana. Senators Reiterate Support For Marijuana Reclassification In a letter made public on Friday, the senators expressed their support for the DEA's proposal...

Marijuana rescheduling could have significant implications for truckers, commercial drivers, pilots and other federally regulated transit workers in safety-sensitive positions. That's according to the National Transportation Safety Board (NTSB), which warned on Tuesday that the proposed DEA move to...

Bipartisan congressional lawmakers are striving to eliminate a contentious provision in a spending bill that would prevent the Justice Department from rescheduling marijuana. Mace And Tlaib Lead The Charge According to Marijuana Moment, Rep. Nancy Mace (R-SC) has introduced an amendment to strike...

What are the legal consequences of rescheduling cannabis to Schedule III under the Controlled Substances Act (CSA)? Now that President Joe Biden has announced that his administration is officially moving to reschedule marijuana under federal law, followed by the Department of Justice's (DOJ)...

SNDL Inc. (NASDAQ:SNDL) announced its financial and operational results on Thursday for the first quarter ended March 31, 2024. The company reported a total net revenue of CA$197.7 million, up from CA$191 million in the prior year's period. Out of that sum, cannabis retail revenue amounted to CA$71...

"Cannabis is just getting started and there’s going to be a lot of companies getting ready to take advantage of this massive growth cycle, government reform, news states, opening new opportunities and one day, interstate commerce." That's according to Benzinga's cannabis stock expert, Michael...

SNDL Inc. (NASDAQ:SNDL), through its joint venture with SunStream Bancorp Inc., announced on Thursday that SunStream USA group of companies will proceed with the process of acquiring equity positions in U.S. cannabis assets, following the completion of a review by SNDL’s listing authority,...

The cannabis sector saw a notable upswing on Tuesday on news of the Drug Enforcement Administration's (DEA) historic decision to align its stance with a recommendation from the Department of Health and Human Services and move marijuana from Schedule I to Schedule III under the Controlled...

Canopy Growth Corporation's (TSX:WEED) (NASDAQ:CGC) shareholders approved the creation of a new class of exchangeable shares of the company during their special meeting on Friday, April 12, as recommended earlier by Institutional Shareholder Services (ISS). What Happened At the meeting,...

Senator Jacky Rosen (D-NV) is urging lawmakers to support commonsense cannabis reforms. In a recent video, she used her home state as an example of successful and economically beneficial cannabis programs. "Did you know that more than three-quarters of states across the country have decriminalized...

Biden Administration Official Denies Rumor That DEA Is Rescheduling Cannabis Anytime Soon  Adrian Snead, a partner in the Washington, D.C. office and member of the firm’s Government & Regulatory Affairs and Litigation Practice Groups, who also worked with SAFER Banking sponsor Sen. Jeff...

Recent efforts to relax federal marijuana restrictions have garnered significant support from a majority of Americans, a recently conducted nationwide poll revealed. The results seem to be in line with a recent Gallup poll showing that seven in ten Americans think marijuana use should be legal....