Opposed to Banking Reform
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| As Ohio Legalizes Cannabis, the State’s Junior US Senator Opposes SAFER Banking for Industry |
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The “upsides of this bill are overstated,” Sen. JD Vance said about providing federal safe harbor to banks servicing state-sanctioned cannabis companies. More >>> |
Where's the Recommendation?
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| Federal Government Continues to Withhold Key Cannabis Scheduling Recommendation Letter Despite FOIA Requests, Lawsuit |
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After nearly three months and multiple Freedom of Information Act requests, the U.S. Department of Health and Human Services still has not publicly confirmed that it recommended cannabis be reclassified as a Schedule III controlled substance. One attorney who filed a lawsuit to obtain the letter calls the situation "asinine" and "profoundly disappointing." More >>> |
At the Very Minimum: Schedule III
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| US Sen. Kirsten Gillibrand Calls on DEA to Reclassify Cannabis as Schedule III |
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The New York Democrat says cannabis “is simply not comparable to other Schedule I substances like heroin, LSD and MDMA.” More >>> |
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| New York Cannabis Sales Eclipse $100M as Missouri Passes $1 Billion in 2023 |
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The Empire State’s regulated adult-use retail market has struggled to pick up steam with a mere 27 operators licensed for commercial sales. More >>> |
Reassessing the Red Flags
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| Lawmakers Urge Federal Officials to Update ‘Out-of-Date Guidance’ on Providing Banking Tools to Cannabis Business Owners Convicted of Cannabis-Related Crimes |
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A group of 20 Democratic members of the House and Senate sent a letter to the U.S. Department of the Treasury and the Financial Crimes Enforcement Network urging them to revise “red flags” for cannabis business owners. More >>> |
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| California Cannabis Regulators Place Product Embargo on Prerolls, Vape Pens |
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The Department of Cannabis Control suspects certain products in the state’s regulated market may contain poisonous or harmful substances. More >>> |
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Cannabis Business Times is the most trusted source of actionable intelligence for plant-touching cannabis businesses throughout North America and is producer of the industry-leading Cannabis Business Times Conference. |
