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Recent congressional activity highlights the changing environment for cannabis regulation. Specifically, U.S. Congress is moving forward with legislation that will change the regulation of hemp-derived products. The industry...more
After a busy week, legislators left Raleigh on Thursday for the foreseeable future. Although they did not pass a new 2024 budget bill, they did appropriate funds for certain purposes and are authorized to return later this...more
Among the two most widely reported federal changes to cannabis regulation are the Department of Justice’s (DOJ) proposed regulation for the federal rescheduling of marijuana (the Proposed Rescheduling) and amendments to the...more
While legislators continue to discuss a new state budget bill, the North Carolina General Assembly this week considered bills on a variety of topics. Budget Work- Legislators are working on a budget bill for FY 25,...more
The U.S. House of Representatives Committee on Agriculture completed its markup of the Farm, Food and National Security Act of 2024 (Farm Bill) on May 24, 2024, and passed the proposed legislation 33-21, with four Democrats –...more
Look Ahead to the Week of May 20: Farm Bill and Fiscal Year 2025 Spending Take Center Stage - Both the House and Senate are in session this week before leaving early to begin the Memorial Day recess....more
Two notable bills became law this week and legislators continued budget negotiations. Budget Negotiations - Budget negotiators this week continued work on a conference committee report for the budget bill (H 259)....more
Governor Roy Cooper this week signed some bills and legislators continued budget negotiations. Budget Negotiations - Budget negotiators this week continued work on a conference committee report for the budget bill (H...more
Legislators this week continued budget negotiations and acted on various bills. Budget Negotiations Budget negotiators this week continued work on a conference committee report for the budget bill (H 259). Legislative leaders...more
Senators began working on the budget bill this week and members considered bills on many topics. Given the approach of the May 4 crossover deadline (the date by which policy bills must pass one chamber to remain eligible),...more
On the heels of a January 2023 statement released by the FDA expressing the need for a new regulatory pathway for cannabidiol products, two CBD-related bills were reintroduced in the House of Representatives on March 17,...more
There is a moment in the movie Wall Street, just before a fresh-faced Charlie Sheen as Bud Fox interviews for a coveted position with a peak-of-his-fame Michael Douglas playing the iconic Gordon Gecko, where Sheen looks in...more
I’m not proud of it, but I’m the resident cynic amongst the editorial staff here at Budding Trends when it comes to federal marijuana reform. And after all, someone has to temper the frivolous whims of others. But we’re...more
Over 50 years ago President Nixon declared a “War on Drugs,” leaving housewives over the country proclaiming marijuana to be the devil’s lettuce and urging sweet Billy to steer clear of the gateway drug...more
Legislators began considering bills this week as the summer session moved into its second week. Senate Health Care Bill Republican Senate leaders unveiled a health care bill (H 149) this week that includes expanding Medicaid...more
More than two years have passed since hemp-derived cannabidiol (CBD) was legalized in the United States under the Agriculture Improvement Act of 2018 (also known as the “Farm Bill”). The Food and Drug Administration (FDA) has...more
A bipartisan bill was introduced in the U.S. House of Representatives on January 13, 2020, that (1) would allow hemp-derived cannabidiol (CBD) to be regulated as a dietary supplement, if all of the other applicable...more
Seyfarth Synopsis: Through a reintroduced House bill, Congress is taking strides to push for cosmetic regulation reform and, separately, through the SAFE Act, it is seeking to establish a safe harbor for financial...more
The laws and regulations of the U.S. and each individual state are evolving at a significant pace concerning one genus of flowering plants, and mostly with a tender embrace. Despite being criminalized for the greater part...more
For years, many have argued that the federal government should legalize marijuana. Despite a vocal minority advocating for legalization, such efforts have largely fallen on deaf ears....more
Yesterday, Senators Brent Jackson (R-Sampson), Norman Sanderson (R-Pamlico) and Todd Johnson (R-Union) introduced S.B. 315 (the “North Carolina Farm Act of 2019”), a bill to create the North Carolina Hemp Commission. The...more
As described in last week’s post, 2018 proved to be an exceptionally exciting year for the cannabis industry: five states approved legalization initiatives, Canada ended its nearly century-long prohibition, and legalization...more
Last week, the industry was energized by the Drug Enforcement Administration’s order placing certain drugs containing cannabidiol, or CBD, in Schedule V of the Controlled Substances Act. This marks the first time in history...more
Farms.com discussed the inclusion of hemp production in the farm bill. Bloomberg discussed the ongoing impact of the Amazon acquisition of Whole Foods. Silicon Valley Insider reported on the IHOP name change....more
Advocacy Groups Urge Senate to Support NOSB - A group of advocacy organizations has sent a letter asking the leaders of the Senate Committee on Agriculture, Nutrition & Forestry to “fully support organic agriculture in the...more