Welcome back to the buzz, our monthly cannabis news and policy update. Your at-a-glance source for regulatory developments, agency announcements, and trends impacting the cannabis industry.
In this edition of the buzz, highlights include:
\Major Federal Policy Shift?: Trump lights-up the industry with talk of Executive Order related to rescheduling.
Revisit of Gonzolez v. Raich Rejected: SCOTUS denies cert. in CannaProvisions case.
Federal hemp uncertainty: CRS warns enforcement of new hemp definition "remains unclear" due to FDA and DEA resource constraints.
Medicare expansion: CMS proposes allowing federally legal hemp products in Medicare plans through November 2026.
Tax Court: Industry coalition files amicus brief in NM Top Organics 280E Tax Court case.
DOJ reversal: Trump administration rescinds Biden marijuana prosecution guidance; Wyoming promises "rigorous" enforcement.
New markets: Florida continues 2026 ballot push; Rhode Island opens first adult-use retail licensing; Texas awards nine medical licenses creating up to 99 locations; Virginia preps 2026 legalization recommendations.
State updates: Colorado adopts final rules benefiting licensees; Michigan court allows 24% wholesale tax to proceed despite ongoing constitutional challenge; Ohio caps retailers at 400, cuts concentrate potency.
Hemp patchwork: Chicago moves toward THC hemp ban; Hawaii advances registration rules; Tennessee extends old framework through June 2026.
Please see full publication below for more information.
