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Cannabis Rescheduling Could Reverse 'Decades Of Misguided Drug Policy,' Says Key Industry Organization Following DEA Hearing Rescheduling (UPDATED)
Friday, August 30, 2024 - 2:06pm | 494Editor’s note: this article has been updated to reflect the views of the NCR more accurately. The U.S. Drug Enforcement Administration (DEA) has scheduled a hearing on Dec. 2, 2024, to discuss the proposed reclassification of cannabis as a Schedule III substance under the Controlled...
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DEA vs. Georgia: Tensions Rise Over Medical Cannabis Access As State Regulators Consider Legal Action
Thursday, December 14, 2023 - 5:06pm | 572The Georgia Access to Medical Cannabis Commission (GMCC) recently convened a special meeting to discuss the ramifications of warning letters received from the U.S. Drug Enforcement Administration (DEA). These letters, directed at pharmacies involved in the state's medical marijuana program...
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Veterans' Letter To President Biden Seeks Swift Marijuana Rescheduling And Federal Legalization
Monday, December 4, 2023 - 4:21pm | 617In a compelling move for cannabis reform, a coalition of military veterans organizations is asking President Biden to hasten the ongoing administrative review on marijuana scheduling. These groups, including prominent entities like Iraq and Afghanistan Veterans of America, have extended their...
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DEA-Registered Marijuana Producer's Q3 2023 Financial Report: Reduced Expenses, Strategic Focus, Aligned Net Loss
Wednesday, November 22, 2023 - 6:57pm | 644Bright Green Corporation (NASDAQ: BGXX) has disclosed its financial results for the third quarter ending September 30, 2023. Under the leadership of executive chairman Terry Rafih, the company holds a position as one of the entities selected by the U.S. government to legally engage in the...
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Psyched: FDA Warning, DEA's Telehealth Extension, CA Gov's Veto, Congress On Kratom, M&As & More
Monday, October 16, 2023 - 3:57pm | 1311Cybin And Small Pharma Shareholders Green Light Acquisition Resolution Clinical-stage psychedelics biotechs Canada-based Cybin Inc. (NYSE: CYBN) and UK-based Small Pharma Inc. (OTCMKTS: DMTTF) held their respective annual general and special shareholders meetings on October 12. They announced that...
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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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EXCLUSIVE: Cannabis Tipping Point, Verano CEO Weighs In On HHS Rescheduling Proposal
Tuesday, September 5, 2023 - 3:08pm | 758"This is a big moment for us," says George Archos, CEO of Verano Holdings Corp (CSE: VRNO)(OTCQX: VRNOF), in light of the recent announcement where the Department of Health and Human Services (HHS) recommended the Drug Enforcement Administration (DEA) to reclassify cannabis from a...
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How Will HHS Recommendation To The DEA Impact Cannabis Brands? Find Out At This Leading Cannabis Finance Conference
Wednesday, August 30, 2023 - 9:48pm | 848Legislation Milestone: The Cannabis Rescheduling Debate Might Impact Brands The shifting perception of cannabis in the United States is witnessing a significant turning point. Once stigmatized as a Schedule I drug, might be on the verge of being reclassified to a potentially more accepted Schedule...
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Cannabis Landscape Update: Legalization Impact, Revenue Projections, Regulatory Challenges & Industry Initiatives
Wednesday, August 16, 2023 - 4:44pm | 1001The U.S. cannabis landscape is in a dynamic state of change, with policy shifts and legislative updates shaping the industry's future. Analysis Projects That Ohio Could Generate Up to $403.6 Million Annually From Legal Marijuana Sales A recent analysis by Ohio State...
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Federal Cannabis Scheduling Decision Expected 'This Year,' Says Biden's Health Secretary
Thursday, June 15, 2023 - 5:26pm | 488The U.S. Department of Health and Human Services (HHS) is working to complete an administrative review of cannabis scheduling and aims to present President Joe Biden with a federal cannabis scheduling decision "this year," according to the head of the HHS Secretary Xavier Becerra,...
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Post-Pandemic Future Uncertain For Ketamine Telehealth Clinics Amid DEA Backlash
Friday, April 21, 2023 - 2:24pm | 362The future of ketamine telehealth clinics, the number of which grew during the Covid-19 pandemic, is uncertain due to new rules from the Drug Enforcement Administration (DEA). The rules, which aim to undo controlled substances prescribed via telehealth, have received over 21,000 public comments,...
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DEA States Delta-8 And -9 THCO Are Controlled Substances Despite Hemp Bill
Monday, February 13, 2023 - 5:19pm | 557The U.S. Drug Enforcement Administration (DEA) announced Monday that delta-9-THCO and delta-8-THCO do not occur naturally in the cannabis plant and can only be obtained synthetically. Therefore, they do not fall under the definition of "hemp,” according to a DEA letter made available to...
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DEA Sued Over Delays To Open Records For Psychedelics And Cannabis
Thursday, July 21, 2022 - 2:08pm | 410The Drug Enforcement Administration (DEA) has been sued over a failure to respond in due time to requests for psychedelics and cannabis records, reported Marijuana Moment. This new suit centers on the DEA’s alleged “unlawful policy of delaying responses to Freedom of...
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Right To Try Laws: Psilocybin For End-Of-Life Care Poses Ongoing Battle With The DEA
Monday, July 11, 2022 - 3:48pm | 570A group of terminally ill patients seeking psilocybin therapy will likely take the Drug Enforcement Administration (DEA) to federal court once again over the agency’s denial to grant access to the treatment under Right To Try (RTT) laws, The Microdose reported. The Right...
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DEA Sets Public Hearing On Project Banning Psychedelics To Be Held In August
Wednesday, July 6, 2022 - 12:57pm | 634In a document published in the Federal Register, the Drug Enforcement Administration (DEA) announced it will hold a hearing on August 22, 2022, on its controversial proposal to place five psychedelic compounds in Schedule I. The first plan to schedule the five tryptamines - 4-OH-DiPT, 5-...