Regulations and Reform: Page 2

Jamaica’s THC Exports to United States Leads CBT’s Most Popular Articles in February

Rescheduling, state legalization prospects, and Lume’s rapid rise in Michigan also ranked in Cannabis Business Times’ top 10 stories this month.

New York Governor: Licensed Entrepreneurs ‘Under Attack’ by ‘Illegal Pot Shops’

Gov. Kathy Hochul calls on legislators, social platforms and tech companies to help the state clamp down on unregulated cannabis operations.

DOJ Declines to Address Media Inquiry on Cannabis Rescheduling, Points to 2020 Resource Guide

A Department of Justice spokesperson said the government has nothing further to provide beyond its confirmation of review.

Ohio Adult-Use Dispensary Licenses to be Issued by Sept. 7

Pending any legislative changes, the state’s regulators will approve provisional licenses for existing medical operators to begin sales.

Behind DEA’s 1975 Admission That Rescheduling Cannabis Does Not Violate International Treaty

The DEA’s refusal to reschedule cannabis nearly 50 years ago derived from HHS predecessor’s failure to recognize its medical value, not a 1961 treaty.

7 Critical Questions Cannabis Businesses Need to Be Asking About The Corporate Transparency Act, The Most Important Federal Law You’ve Never Heard Of

Complying with the CTA, which took effect in 2024, can be deceptively complicated, and failure to do so can subject companies to civil—and even criminal—penalties.

DEA, Attorney General Miss Deadline to Respond to 12 US Senators on Cannabis Rescheduling

The Drug Enforcement Administration continues to keep its process behind closed doors despite a congressional letter demanding transparency.

Colorado Cannabis Regulators Move on New Framework Around Intoxicating Cannabinoids

The state’s Marijuana Enforcement Division will hold two public stakeholder meetings to help inform a report it must send to the General Assembly.

Florida Lawmakers Propose Raising Ballot Initiative Passage Threshold to 67%

A House subcommittee advanced the joint resolution, which would need to go before voters in the November 2024 election to pass.

12 US Senators Say Cannabis Should Be Descheduled, Demand Transparency From DEA

The dozen Democrats requested responses to six questions regarding the DEA’s rescheduling process.

Biden Reaffirms Cannabis Stance During Campaign Stop

The president said he’s kept his promise on reform during a political event at South Carolina’s First-in-the-Nation dinner.

As Ohio Legalizes Cannabis, the State’s Junior US Senator Opposes SAFER Banking for Industry

The “upsides of this bill are overstated,” Sen. JD Vance said about providing federal safe harbor to banks servicing state-sanctioned cannabis companies.

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