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Hemp and cannabis lobbies intensify feud after Congress delays federal ban
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Which branch of the US government will reform marijuana law?
Something’s going to give, and soon. That’s the forecast from many cannabis industry observers for federal marijuana reform. The real question is how.
News March 1
Cannabis lobbyists believe incremental steps are the most likely path to federal reform
While not impossible, comprehensive marijuana reform that includes federal legalization of the plant in the form of one bill would be a politically heavy lift in today’s divisive Congress. So…
News March 1
Pros and cons of moving marijuana from Schedule 1 on the list of controlled substances
The absurdity of federal marijuana policy in the United States is perhaps best symbolized by the placement of cannabis on Schedule 1 of the Controlled Substances Act, according to industry…
News March 1
A court case challenging the legality of marijuana prohibition could spur reform
Many cannabis industry observers have pinned their hopes for federal marijuana legalization on an act of Congress or even an executive order from the president. But there’s another option: legal…
News March 1
Virginia House panel blocks measure to speed up recreational cannabis sales
Virginia’s House Republicans killed legislation that would have allowed existing medical cannabis operators and certain hemp companies to begin selling recreational marijuana in mid-September instead of waiting until January 2024.
News February 28
Marijuana MSO Curaleaf aims to end talk of US sanctions for Russian ties
Curaleaf Holdings is taking steps to head off speculation on social media that the marijuana multistate operator will be subject to U.S. economic sanctions because of its ties to Russia.
News February 28
Cannabis firm Flora Growth acquires JustCBD wellness brand for $16M, shares
Marijuana cultivator and product manufacturer Flora Growth acquired CBD brand JustCBD for $16 million plus 9.5 million privately issued shares.
News February 28
WA legislators weigh ban on delta-8, other hemp-derived products
Lawmakers in Washington state are considering a last-minute bill that would prohibit intoxicating hemp-derived products such as delta-8 THC from being manufactured or sold in the market, including by licensed…
News February 28
MedMen sells Florida medical cannabis license, assets for $83 million
California-based MedMen Enterprises said Monday it is exiting the Florida medical cannabis market with the sale of its business license and all its assets for $83 million.
News February 28
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