Tag: Marijuana

Cannabis Stocks Jump As Germany Legalizes Marijuana Possession – Aurora Cannabis (NASDAQ:ACB), Cresco Labs (OTC:CRLBF)

News of Germany’s move to legalize limited cannabis possession and consumption for adults sent ripples through the cannabis industry, particularly in the U.S. While the legislation prohibits commercial sales for now, executives see it as a positive step towards broader European legalization, potentially boosting their businesses. Shares of Curaleaf Holdings CURLF, the largest US cannabis company […]

FDA Gathers Public Social Media Data To Better Understand Cannabis Users As Part Of Its Effort Toward Rescheduling Marijuana

The Food and Drug Administration recently offered a glimpse into its comprehensive analysis justifying its recommendation to reschedule marijuana from Schedule I to Schedule III under the Controlled Substances Act. CDER director Patrizia Cavazzoni explained that as part of the FDA’s “directive to explore whether marijuana should remain listed as Schedule 1 under the Controlled […]

Guns And Weed Conflict Heats Up: Pennsylvania DA Sues Feds Over Firearms Ban For Medical Marijuana Patients

The simmering dispute over gun ownership rights for medical marijuana patients heated up on Tuesday when Pennsylvania District Attorney Robert Greene filed a lawsuit against the federal government. Greene and a group of gun rights advocates fired a fresh salvo in federal court with the first civil lawsuit of its kind, a strategic move distinct […]

Ron DeSantis Predicts Favorable Outcome For Marijuana Legalization Ballot In Florida – Trulieve Cannabis (OTC:TCNNF)

Days before dropping out of the race for the 2024 GOP presidential nomination, Florida Governor Ron DeSantis was asked about a recreational cannabis initiative making it onto the ballot in 2024. “I think the court is going to approve that, so it’ll be on the ballot,” the governor said in reply to cannabis lobbyist Don […]

Marijuana Regulatory Challenges, Social Equity And The Cannabis Landscape In New York And New Jersey – Goodness Growth Holdings (OTC:GDNSF), Green Thumb Industries (OTC:GTBIF)

In the ever-changing landscape of cannabis legalization, recent advancements in New York and New Jersey underscore the intricate interplay between regulatory decisions and social equity initiatives, charting the course for the future of the marijuana industry. Regulatory Crossroads In New York In a recent meeting, the New York Cannabis Control Board (CCB) grappled with a pivotal […]

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