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You are here: Home / Archives for Policy & Legal / Federal

Federal

Biden, once a warrior in the ‘war on drugs,’ may slowly retreat

January 13, 2021 by AggregatedNews Leave a Comment

The president-elect has reluctantly embraced decriminalizing marijuana, but he could struggle to change laws. President-elect Joe Biden built part of his political career on being known as a fighter in the “war on drugs,” supporting legislation as a senator that set harsh penalties for some drug offenses. But as president, Biden could potentially oversee broad […]

Filed Under: Federal Tagged With: marijuana policy, President-elect Joe Biden

What Georgia’s Senate Results Mean for Marijuana Stocks

January 7, 2021 by AggregatedNews Leave a Comment

Pot in Congress Anti-Pot Congressmen Bill Feds to "Respect" State Marijuana Laws VA Medical Marijuana Oregon's Marijuana Lobbying Congress Marijuana Reform Amendments Marijuana Banking Reform Bill Senate Bill Banks Marijuana Businesses Banking System to Legal Marijuana Federal Ban on Marijuana

All eyes were on the Georgia special Senate run-off elections on Tuesday with the control of the U.S. Senate hanging in the balance. It looks like that control will shift from the GOP to the Democrats. Democratic Senate candidate Rev. Raphael Warnock has already been declared the victor in his race against incumbent Republican Sen. […]

Filed Under: Banking, Finance & Real Estate, Federal Tagged With: cannabis stocks, Federal Laws, Georgia Senate Election

FTC Announces Crackdown on Deceptively Marketed CBD Products

December 18, 2020 by Press Release Leave a Comment

PRESS RELEASE Companies made unsupported claims that their oils, balms, gummies, coffee, and other goods could treat serious diseases such as cancer and diabetes The Federal Trade Commission today announced the first law enforcement crackdown on deceptive claims in the growing market for cannabidiol (CBD) products. The FTC is taking action against six sellers of […]

Filed Under: Federal Tagged With: CBD, Federal Trade Commission (FTC), Operation CBDeceit

House votes to expand marijuana research.

December 10, 2020 by AggregatedNews Leave a Comment

Veterans Medical Marijuana New Hampshire Medical Marijuana Cards Pennsylvania Medical Marijuana New York Medical Marijuana Studies Oregon medical marijuana fees Arizona Workplace Regulate California Medical Marijuana dispensaries

The bill passed with strong bipartisan support. The House on Wednesday passed a bill that would make it easier for scientists to conduct marijuana research in states where the drug is legal. The bill passed on a voice vote with strong bipartisan support. It’s the second piece of marijuana legislation passed by the Democratic-controlled chamber […]

Filed Under: Federal Tagged With: House of Representatives, Medical Marijuana Research Bill

Get with the program. Legalize weed.

December 9, 2020 by AggregatedNews Leave a Comment

Decades ago, our country outlawed a plant. This plant, then as now, has never resulted in a single overdose death. Since the plant is an outlaw, you’ll be branded one if you’re unlucky enough to get arrested for casually consuming it. What a profoundly odd and destructive national fixation — one that seems more like […]

Filed Under: Federal, Op-Ed, Policy & Legal Tagged With: Legalize Cannabis, Lt. Governor John Fetterman

House votes to decriminalize marijuana as GOP resists national shift on pot

December 4, 2020 by AggregatedNews Leave a Comment

Pot in Congress Anti-Pot Congressmen Bill Feds to "Respect" State Marijuana Laws VA Medical Marijuana Oregon's Marijuana Lobbying Congress Marijuana Reform Amendments Marijuana Banking Reform Bill Senate Bill Banks Marijuana Businesses Banking System to Legal Marijuana Federal Ban on Marijuana

The House endorsed a landmark retreat in the nation’s decades-long war on drugs Friday, voting to remove marijuana from the federal schedule of controlled substances and provide for the regulation and taxation of legal cannabis sales. The vote was 228-to-164 and marked the first time either chamber of Congress has voted on the issue of […]

Filed Under: Federal Tagged With: MORE ACT, The House of Representatives

SEC’s Investment Rule Updates and Cannabis Fundraising

November 16, 2020 by AggregatedNews Leave a Comment

By Jonathan Bench, Attorney at Harris Bricken Recently the SEC updated its rules to simplify the patchwork of regulations to help companies in fundraising mode. This matters to cannabis companies of all types, especially those that want to utilize the available federal exemptions in their securities offerings. In the SEC’s own words, “These amendments will […]

Filed Under: Federal, Policy & Legal Tagged With: Cannabis fundraising, Regulation A, Regulation Crowdfunding, Rule 504 (Reg D), Securities and Exchange Commission, Special Purpose Vehicles (SPVs)

Donald Trump, Drug Warrior: How the President Slowed Cannabis Progress

November 3, 2020 by AggregatedNews Leave a Comment

He might not have overtly gone after pot, but the current president set a tone — and appointed a slew of anti-pot crusaders to his cabinet When it comes to cannabis, it’s hard to say just what a Trump presidency has meant to the industry. It’s not as clear-cut as his record on, say, immigration, LGBTQ […]

Filed Under: Federal, Policy & Legal Tagged With: Cannabis Industry, cannabis policy, Donald Trump

Congress Takes Issue with the (Awful) DEA Hemp Rule

October 30, 2020 by AggregatedNews Leave a Comment

Pot in Congress Anti-Pot Congressmen Bill Feds to "Respect" State Marijuana Laws VA Medical Marijuana Oregon's Marijuana Lobbying Congress Marijuana Reform Amendments Marijuana Banking Reform Bill Senate Bill Banks Marijuana Businesses Banking System to Legal Marijuana Federal Ban on Marijuana

by Nathalie Bougenies, [email protected] Harris Bricken The hemp industry is not the only one that’s pushing back against the Drug Enforcement Administration (DEA)’s hemp Interim Final Rule (the “Rule”). If you read this blog, you’ll recall the hemp industry sued the DEA following the release of its Rule in August 2020. The Rule threatens the […]

Filed Under: Federal, Hemp Policy & Legal Tagged With: Congress, Drug Enforcement Administration (DEA), Hemp, The 2018 Farm Bill

Cannabis Conundrum: Demonstrating “Accepted Medical Use” in a Restricted Research Environment

October 7, 2020 by Delia Deschaine Leave a Comment

By Delia Ann Deschaine and Megan Robertson U.S. cannabis businesses operate in an increasingly complex legal and regulatory environment.  Many, if not most, of those complexities stem from marijuana’s classification in Schedule I of the federal Controlled Substances Act.  That classification hinges on the determination that marijuana lacks a currently accepted medical use in treatment […]

Filed Under: Federal Tagged With: 1961 Single Convention on Narcotic Drugs (the “Single Convention”), clinical research, Congressional Research Service (CRS), Controlled Substance Act's Schedule 1 substances, Drug Enforcement Administration (DEA), Multidisciplinary Association for Psychedelic Studies (MAPS)

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