Biden Announces ‘Monumental’ Marijuana Rescheduling, DOJ To Take Next Steps
Biden announces plan to reclassify marijuana from Schedule I to III, reversing inequities and removing barriers for Americans. Cannabis stocks rise.
US unveils proposal to ease restrictions on marijuana
The U.S. Justice Department on Thursday unveiled a historic proposal to ease restrictions on marijuana, a rule that if enacted would also enable more research on its medicinal benefits.
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 …
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.
Only One In Four Marijuana Businesses Are Profitable, Yet Optimism Prevails Amid Rescheduling Push, Industry Survey Finds
Just one in four marijuana businesses are profitable, according to a new survey. Yet optimism about the future of their enterprises has increased on the heels of the Biden administration’s push to …
Embattled Skymint founder’s ex-wife enters the marijuana market
A related lawsuit filed by New York-based cannabis investment firm Merida Capital Holdings … said most companies target $450 of production costs per pound of marijuana to be profitable. This led …
Marijuana Rescheduling Could Create A Safety ‘Blind Spot’ In Drug Testing For Airline Pilots And Truck Drivers, Says Gov Agency
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 …
Eichler profile omits marijuana business connection
Kelly Eichler, former Sanders staffer and current chair of the University of Arkansas Board of Trustees, is an owner of Good Day Farm Arkansas.
Why Aurora Cannabis, Tilray Brands, and SNDL Inc. Stocks Lit Up on Tuesday
Weed stocks lit up in response. As of 2 p.m., Aurora Cannabis (NASDAQ: ACB) shares were up 6%, Tilray Brands (NASDAQ: TLRY) was up 6.8%, and SNDL Inc. (NASDAQ: SNDL) was doing best of all, scoring a …
Why Florida medical marijuana companies are pushing so hard for recreational pot
As legal marijuana dispensaries hope Floridians vote in November to allow recreational weed, they face a troubling trend: Right now, their flow of new customers is drying up.
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 …
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