Biden administration formally proposes moving marijuana to Schedule 3 -
Attorney General Merrick Garland has proposed reclassifying marijuana to Schedule III of the Controlled Substances Act, following President Biden's...more
6/27/2024
/ Banking Restrictions ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Constitutional Challenges ,
Controlled Substances ,
Controlled Substances Act ,
Decriminalization of Marijuana ,
Excise Tax ,
Licensing Rules ,
Marijuana ,
Marijuana Related Businesses ,
Medical Marijuana ,
NDAA ,
Proposed Legislation
The moment we have all been waiting for has finally happened. Today, the AP reported that the Drug Enforcement Administration (DEA) has accepted the recommendation of the U.S. Department of Health and Human Services (HHS) to...more
If the Federal Government reschedules marijuana, experts believe it could lead to a cascade of state-level changes.
There is growing evidence that Joe Biden’s administration is working on moving marijuana to Schedule III...more
The U.S. Department of Health and Human Services has recommended that the DEA reclassify cannabis to Schedule III -
The U.S. Department of Health and Human Services (HHS) recommended that the U.S. Drug Enforcement Agency...more
In a historic move by the federal government, the U.S. Department of Health and Human Services (HHS) on August 30 recommended that cannabis be moved from Schedule I to Schedule III of the Controlled Substances Act....more
There Has Been Little Movement in Federal Legalization. This has led to cannabis investors and companies to downgrade expectations for federal legalization and focus their strategies on state reform.
Federal lawmakers...more
7/27/2023
/ Banking Sector ,
Banks ,
Biden Administration ,
Cannabidiol (CBD) oil ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Cole Memorandum ,
Congressional Investigations & Hearings ,
DEA ,
Decriminalization of Marijuana ,
Department of Justice (DOJ) ,
Hemp ,
Hemp Related Businesses ,
Information Reports ,
Interstate Commerce ,
Marijuana ,
Marijuana Cultivation ,
Marijuana Related Businesses ,
Medical Marijuana ,
Proposed Legislation ,
Regulatory Agenda ,
State and Local Government ,
Tax Revenues ,
THC
Lawmakers continue to work on federal marijuana legislation as well as marijuana banking reform; meanwhile states push ahead with own initiatives -
Many states continue to see action through legislation and ballot...more
4/21/2023
/ Agribusiness ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Decriminalization of Marijuana ,
Hemp ,
Legislative Agendas ,
Marijuana ,
Marijuana Cultivation ,
Marijuana Related Businesses ,
Medical Marijuana ,
Recreational Use ,
State and Local Government
Three separate marijuana-related proposals were announced by Ohio legislators in May. House Bill 634 would allow the cultivation of up to 12 marijuana plants and possession of up to 100 grams of marijuana or 10 grams of...more