Federal legalization Archives - Cannabis Business Executive - Cannabis and Marijuana industry news

Cannabis reform? It’s the right time for full federal legalization to help economy and people

Politicians are finally realizing what the public has known for years: Legalizing cannabis can positively support our economy, communities, and people With the Democrats in full control of Congress and the White House, the odds for real cannabis reform, such…

Senate Democrats split over legalizing weed

Several Senators opposed to Majority Leader Chuck Schumer's legalization push. Senate Majority Leader Chuck Schumer's biggest challenge to legalizing marijuana is his fellow Democrats. The New York Democrat has repeatedly promised a vote on cannabis reform, promising to tee it…

The Country’s Evolving Marijuana Debate

Democrats at the national level increasingly see the drug as a unity issue. Six years ago, when John Fetterman first ran for the Democratic Senate nomination in Pennsylvania, he spoke out about his support for legalizing marijuana. He was the…

Descheduling Cannabis Will Not Relegate Its Sale Exclusively to Pharmacies; It Will Empower States to Regulate Cannabis as They Seem Fit

By Paul Armentano A recently featured article in CBE, entitled “Implications of the MORE Act and Possible Federal Legalization of Cannabis,” opines that removing the cannabis plant from the federal Controlled Substances Act – as initially proposed by the Marijuana…

Cannabis in the New Year: Old Challenges Meet New Opportunities

January 25, 2021
Jacques Santucci
Best Practices, Cannabis & Hemp Research, Opinions, Policy & Legal
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Despite a global pandemic that uprooted businesses around the world, the U.S. cannabis market showed no signs of slowing down in 2020, as we had predicted a year ago. Through lockdowns and mask mandates, the industry innovated how consumers purchase…

House panel approves marijuana decriminalization, but it faces a long, hard road

A Republican on the House Judiciary Committee said Republicans would oppose the bill and that "it is even less likely that the Senate would take it up." The campaign to decriminalize marijuana overcame a historic congressional hurdle this week, but…

Federal Marijuana Legalization Is Close, Suggests Canopy-Acreage Deal

Sometimes it is necessary to read between the lines. So, when the largest cannabis company in the world enters into a multi-billion dollar deal with a well-known American cannabis firm -- one that is set to take effect only after…

The 2018 Farm Bill – What it Means for Hemp Farmers’ Tax Bill

December 27, 2018
Ben Condon
Banking, Finance & Real Estate, Cultivation, Hemp Business Executive, Hemp Industry News, Hemp Policy & Legal, News & Insights, Policy & Legal
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CPA Covers The Income Tax Implications for Hemp Farms after the new 2018 Farm Bill The Agriculture Improvement Act of 2018 (the 2018 Farm Bill) has officially been signed into law. One of the major components of this legislation of industrial hemp. …

A Toxicologist’s Look at Cannabis vs. Alcohol: Why the US Government is Focusing on the Wrong Recreational Drug

Sometimes we observe a car wreck and rubber neck our way until it is out of our sight. I had that feeling during the hearings for Supreme Court Justice Kavanaugh. As I listened to the testimony, it surfaced repeatedly that…

Why You Don’t Want Cannabis Rescheduled

As everybody already knows, cannabis is still federally illegal, but a growing number of states have made their stance clear on the subject. Recently, many state representatives have been evaluating every possible angle to create a program that won’t get…

Policy Group of Prosecutors Release Position Paper

The National District Attorney’s Association (NDAA), the organization that “serves as the voice of America’s prosecutors and strives to support their efforts to protect the rights and safety of the people in their communities”, created a policy group of 14…

Federal Cannabis Shenanigans

By Matt Walstatter The election of 2016 should have given cannabis proponents great cause to celebrate. Initiatives legalizing recreational cannabis prevailed in four of the five states where they were on the ballot. Medical cannabis triumphed in all four states…

Marijuana Is Still Not Listed in Annual Crop Reports

SALEM, Ore. — Sales and tax figures collected by state agencies may finally solve one of Oregon’s long-running farm crop questions: whether marijuana is indeed the state’s most valuable crop, as cannabis advocates have always maintained. Tight controls and reporting…

Is Congress Slowly and Quietly Chipping Way at the Federal Ban on Marijuana?

Don’t break out the bong just yet, but Congress is quietly chipping away at the federal ban on marijuana. It’s not happening with a sweeping national law, but through modest provisions slipped into spending bills in recent weeks. For example:…

Group of Senators ask DEA and Justice Dept. For Update on Status of Cannabis Classification

Sen. Elizabeth Warren has signed on to a letter asking the U.S. Department of Justice and the Drug Enforcement Administration for an update on the agencies' decision about whether they plan to change marijuana's classification at the federal level. Marijuana…

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