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Schedule III 'Doesn't Do Much For Banking': What's Next For Cannabis Financial Access?
Tuesday, November 5, 2024 - 11:52am | 539Tyler Beuerlein, chief strategic business development officer at Safe Harbor Financial, recently outlined the ongoing challenges and solutions within cannabis banking in an exclusive interview with Benzinga. Operating across state-legal markets and Puerto Rico, Safe Harbor aims to provide compliant...
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Cannabis Rescheduling Could Boost Profits By 25% If Federal Tax Rules Change, Says Expert
Tuesday, August 27, 2024 - 11:33am | 494With federal cannabis rescheduling possibly on the horizon, industry leaders are analyzing the potential impacts this regulatory shift could have on the financial landscape of cannabis businesses. Experts have weighed in on the potential implications of rescheduling, particularly concerning access...
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EXCLUSIVE: 'Investment By Multinational Industries Will Forever Change Cannabis,' Warns Expert
Tuesday, May 21, 2024 - 10:24am | 754This week, President Joe Biden announced a landmark decision to reschedule marijuana, signaling a shift in federal drug policy. Biden declared in a video statement that this move is crucial for addressing past injustices and recognizing the medical benefits of marijuana. The administration plans...
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EXCLUSIVE: Ending Tax Burden On Cannabis Expenses Will Help Small Businesses 'Flourish,' Says NJ Industry Leader
Monday, May 20, 2024 - 4:41pm | 611The Department of Justice took a crucial step in May toward reclassifying marijuana, formalizing a process to move it from a Schedule I to a Schedule III substance. This momentous policy change could have profound implications for the cannabis industry nationwide, including New Jersey, where the...
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Three Pathways To Federal Cannabis Legalization That Investors Are Watching Closely
Wednesday, April 24, 2024 - 4:32pm | 559The debate over U.S. cannabis legalization is complex, spanning economics, law and social justice. As of April 2024, recreational cannabis is legal in 24 states, and half of all Americans live in a state where recreational cannabis consumption is permitted. Despite this, cannabis remains illegal...
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Scotland Decriminalizes Possession Of Class A Drugs (Cocaine, Heroin, LSD, MDMA, Shrooms) Amid A Drug Death Crisis
Tuesday, September 28, 2021 - 6:29pm | 234By Franca Quarneti via El Planteo In Scotland, possession of Class A drugs was effectively decriminalized. This classification includes cocaine, heroin, LSD, MDMA, and hallucinogenic mushrooms. What happened? The Ombudsman, Dorothy Bain, presented a statement in the Scottish Parliament announcing...