Uncategorized
Uncategorized · page 13
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Cannabis Rescheduling Feared ‘Dead’ Following Appointment of New DEA Administrator Maltz
Cannabis rescheduling was dealt a major blow today as it was confirmed that long-time cannabis sceptic and anti-drug veteran Derek S. Maltz has been appointed as acting administrator of the DEA.
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South Carolina Senator Reintroduces Medical Cannabis Reform Bill
South Carolina’s long-time cannabis advocate Senator, Tom Davis, has launched a fresh effort to legalize medical cannabis in the state.
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Biden Commutes Nearly 2,500 Nonviolent Drug Sentences in a Final Act Before Trump Inauguration
President Joe Biden on Friday commuted the sentences of almost 2,500 nonviolent drug offenders locked up in federal prisons.
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What’s Next For Cannabis Rescheduling After Shock Delay?
The rescheduling of cannabis in the US, one of the most consequential cannabis reform efforts of the last century, is on increasingly uncertain ground amid a shock postponement and the introduction of a new enigmatic administration.
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Florida Prepares for 2nd Vote on Adult Use Cannabis Legalization
Florida is poised to have another shot at legalizing adult-use cannabis, reigniting hopes that the US’s third most populous state could yet become the trigger event for the cannabis industry many had anticipated last year.
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Cannabis debt crisis looms as billions in loans come due in 2026
As much as $3 billion in debt will come due for major U.S. cannabis operators by the end of 2026, a “wave” of maturities that could portend a significant shake-up in the regulated industry.
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Cannabis Rescheduling Hearing Delayed Amid Escalation of Tensions Between DEA and Other Witnesses
The highly anticipated hearings on cannabis rescheduling, set to begin next week, have now been cancelled in a major escalation of tensions between the Drug Enforcement Administration (DEA) and other witnesses.
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New York Cannabis Licence Approvals Hampered as More Lawsuits Stack Up
New York’s adult-use cannabis market continues to be mired in controversy and new legal disputes despite topping $1bn in sales last year.
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Cannabis Stocks Fall as DEA Ordered to Respond to Bias Allegations
Cannabis stocks plummeted this week after a judge ordered the Drug Enforcement Agency (DEA) to respond to damning new allegations that it is working to undermine the cannabis rescheduling process.
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Illinois Fails to Pass Bill Regulating Intoxicating Hemp
Efforts to regulate intoxicating hemp substances in Illinois were shot down this week in what the state’s Governor JB Pritzker called a missed opportunity.
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New York Legal Cannabis Sales Topped $1bn in 2024 Despite Ongoing Legal Issues
New York’s legal adult-use cannabis market officially surpassed $1bn in annual sales last year, despite regulators ongoing efforts to tackle the flourishing black market.
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What Is the Economic Outlook for Cannabis Companies in 2025?
The macroeconomic environment has a huge impact on cannabis investment opportunities.
