Cannabis stocks rally as DOJ proposes reclassifying marijuana
President Biden has reportedly announced a major step in reclassifying marijuana from a Schedule III to Schedule I drug. Read more here.
Biden Says Marijuana Being Reclassified As Schedule III Drug
Under the proposed move, marijuana will be reclassified from a Schedule I drug, according to the Drug Enforcement Agency—which groups it alongside drugs like heroin, LSD and ecstasy—to a Schedule III …
Canadian Marijuana Company Rubicon Organics Reports Flat Revenue, Adjusted EBITDA Loss, Provides Positive Outlook
Rubicon Organics Inc. (TSXV:ROMJ) (OTCQX:ROMJF) reported its financial results Wednesday for the first quarter ended March 31, 2024, with revenue of CA$8.9 million ($6.5 million), a 1% increase from …
Biden administration seeks to reclassify marijuana from Schedule 1 to Schedule III. What this means and its impacts on businesses
The president’s proposal must be reviewed by the White House Office of Management and Budget before undergoing a public comment period.
EBCI inches toward adult marijuana use
Adults may soon be able to purchase marijuana for recreational use from Cherokee’s new dispensary. At a work session last week, the Eastern Band of Cherokee Indian’s Tribal Council discussed several …
CBD Stocks Creating Opportunities – Established (BCCI), (STG), (WEED), (ACRGF), (RLTR), (CBMJ), and Newcomer (VAPR) Lead the Charge
You would have to be living in isolation to have not picked up on the hottest marijuana derivative consumable and therapeutic center isolate CBD. CBD “Cannabidiol” is the non-psychoactive full spectrum derivative of the hemp and marijuana plant largely credited for the majority of the medical beneficial attributes associated with marijuana.
91% favor reforms as public comments for marijuana rescheduling close
A sixty-day public comment period regarding the proposed move to reschedule marijuana concluded on Monday, with 91% of comments showing support for reforms, according to data compiled by Headset, a …
91% favor reforms as public comment period for marijuana rescheduling ends
The public overwhelmingly supports cannabis reform, with 91% of comments in favor of rescheduling or legalizing marijuana, according to Headset data. Read more here.
US, Canadian Pot Firms Eye Germany for Growth as Market Stagnates at Home
North American cannabis firms, facing prohibitive laws, an overcrowded market and a deeply entrenched illicit sector at home are ramping up investments in Germany after the country partly legalized …
Feds To Weigh 40,000 Marijuana Rescheduling Comments From Governors, Lawmakers, Health Experts And Advocates
Tens of thousands of people and organizations weighed in on the federal government’s marijuana rescheduling proposal ahead of the close of public comment on Monday night. That includes governors, …
Illegal Marijuana Sales A Problem With No End In Sight
State Taxation and Finance officials have conducted numerous adult use cannabis inspections in Jamestown and Ellicott. So far, they’ve only cited one business, a smoke shop on East Second Street that …
What marijuana reclassification could mean for medical research
The U.S. pot sector could see an influx of medical research funding from healthcare investors amid renewed interest from pharmaceutical firms.
Thailand’s Cannabis Reversal Intensifies: Advocates Want Government To Provide Scientific Justification For Recriminalizing Marijuana
Thailand is witnessing rising tensions as pro-cannabis advocates threaten to protest at the Ministry of Public Health from …
CEO Convicted for $28M Long-Running Investment Fraud Scheme
Jackson, 71, of Honolulu, was Semisub’s CEO in addition to holding other corporate positions, and fraudulently solicited investments in Semisub … psychics, and marijuana. Jackson also sent a death …
State of Texas: Leaders weigh marijuana options after local decriminalization measure fails
An effort to decriminalize small amounts of marijuana appeared on the ballot recently in another Texas community, and the results turned out differently than similar …
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