
Schedule I to III: The U.S. cannabis industry’s path to legalization
The Justice Department confirms that the DEA (Drug Enforcement Agency) is moving to reclassify cannabis

The Justice Department confirms that the DEA (Drug Enforcement Agency) is moving to reclassify cannabis
Thailand’s Prime Minister intends to put cannabis back into the Category 5 Narcotics list
Governor Youngkin faces criticism for refusing to sign off on legislation
Unanticipated setbacks include questions surrounding retail sales timeline
Individuals previously convicted of cannabis possession under 2 oz will receive automatic expungement as well
The first sale in the state's history was made at Housing Works Cannabis Co on Thursday
It was first passed by the House of Representatives in July and passed on Wednesday by the Senate
The government recently launched an independent review of the legislation to find areas of improvement
The long-awaited move has several positive implications for the legal cannabis industry
Some drug policy non-profits say the efforts taken by the president were long overdue
A draft of the regulation will be presented in the upcoming months
The report includes key findings to shape future directions for cannabis-related research, policy development and public health education
Country known for high-end automobiles, Oktoberfest and a strong economy may soon join countries who have legalized cannabis
Company undertakes new collaboration with Mission Green to initiate nationwide fundraising campaign
Many distributors are choosing not to test their products for microbes, pesticides and heavy metals
Price is the main reason consumers purchase illegal cannabis, according to a recent report in the Journal of Studies on Alcohol and Drugs
The legal cannabis market is expected to grow at a Compound Annual Growth Rate (CAGR) of 24.80%
New Jersey becomes the 18th U.S. state to legalize recreational cannabis, serving a market projected to reach US$2.4 billion by 2025
A new report by New Frontier Data estimated that U.S. cannabis sales exceeded spirits (US$86 billion) last year, while matching spending on beer
Seven multistate cannabis operators have been approved to start adult-use sales
This is the second time the MORE Act has been passed by the House
Lawmakers note that current therapeutic trials for substance use issues exclude people with a history of substance abuse
The legislation would outlaw infused products like edibles
Multiple pot stocks jumped in response to the news
A law passed in 2015 to get oil to patients, but producers that weren't selected challenged the decision
The industry will be strictly monitored and controlled by government
A similar bill almost became law last June
The sector is expected to bring in up to $800M in revenue once it matures
Though somewhat weakened by recent changes, lawmakers are pushing to get the industry-launching bill across the line
Voters will decide on the initiatives during an election on Nov. 8
In 2020, a medical cannabis bill stalled in the state Senate
The president of the Constitutional Court said the referendum referenced hard drugs and not just pot
Lawmakers across several political parties say they're pushing to pass the long-delayed legislation
A master plan to kick-start the sector was introduced last year, but little progress has been made since
But he also supports continued enforcement without a legal framework yet in place
Extracts and cannabis with THC above 0.2% remain illegal
Upwards of 112,000 Albanians have weighed in on the question