If the U.S. government moves marijuana to Schedule III of the Controlled Substance Act (CSA)—as the Department of Health and Human Services (HHS) has now formally recommended—the shift could have profound implications for all sorts of cannabis-related issues, ranging from research to business taxes to U.S. Postal Service (USPS)... Read more
A New Hampshire commission tasked with preparing legislation to legalize marijuana sales through a system of state-run stores has officially been established, with members being appointed to the panel and a first meeting scheduled for next week. The governor signed a bill to create the commission earlier this month... Read more
A California Senate-passed bill to legalize the possession and facilitated use of certain psychedelics is officially heading to the Assembly floor after being approved by a third committee in the chamber, albeit with several substantive amendments. The Assembly Appropriations Committee also cleared a separate Senate-passed measure on Friday that... Read more
Legislation introduced on Friday by a North Carolina congressman seeks to slash a portion of federal funding to individual U.S. states as well as Native tribes that legalize marijuana. The so-called Stop Pot Act, sponsored by U.S. Rep. Chuck Edwards (R-NC), would withhold 10 percent of federal highway funding... Read more
As we described in a previous article, the Global Cannabis Stock Index rallied for the second consecutive month on a huge late-month surge. That index is now down down 6.4% year-to-date, which has followed a record decline of 70.4% for 2022. In this article, we summarize the performance of the other managed indices... Read more
