Bipartisan and bicameral congressional lawmakers have reached an agreement on a large-scale defense bill that contains a House GOP-led section to fund studies into the therapeutic use of psychedelics such as psilocybin and MDMA for military service members. Following negotiations, lawmakers released the conference report for the 2024 National... Read more

Georgia recently became the first U.S. state to allow pharmacies to sell medical marijuana, with nearly 120 facilities applying to sell cannabis oil as of October. But now the federal Drug Enforcement Administration (DEA) is warning pharmacies that dispensing THC is unlawful because it remains a Schedule I drug.... Read more

In a stunning reversal, Ohio’s GOP-controlled Senate passed a revised bill that in many ways would expand the voter-approved marijuana legalization law that goes into effect on Thursday—by allowing adults to start buying cannabis from existing medical dispensaries in as soon as 90 days, maintaining home cultivation rights and... Read more

The governors of six U.S. states—Colorado, Illinois, New York, New Jersey, Maryland and Louisiana—sent a letter to President Joe Biden (D) on Tuesday urging the administration to reschedule marijuana to Schedule III of the Controlled Substances Act by the end of this year. The move, they say, will provide... Read more

With the congressional effort to remove federal restrictions on marijuana banking still ongoing, a coalition of financial institutions has released new guidance for cannabis businesses trying to secure banking services. While compliance can be onerous compared to banking for most businesses, the report published on Monday by the Cannabis... Read more

Ohio senators held a second meeting on a bill to significantly change the state’s marijuana legalization law that’s set to take effect this week, hearing public testimony amid sharp criticism of the GOP-led effort. In other chamber, meanwhile, a Republican representative has filed alternative legislation that would largely preserve... Read more