The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. This update is our first since  late April, when we previewed the upcoming Q1 reports.. Tracker Rules This data-driven, fact-based tracker will continually update based on new financial filings so... Read more
Nearly seven in 10 voters—including a majority of Republicans—support legalizing marijuana, according to a new Fox News poll. Released on the heels of President Joe Biden’s announcement that his administration is moving to reschedule cannabis, the survey found that 69 percent of registered voters in the U.S. back broader... Read more
GOP House leaders have released a draft version of large-scale agriculture legislation that could reduce regulatory barriers for certain hemp farmers and scale-back a ban on industry participation by people with prior drug felony convictions. The legislation also omits any provisions that would ban hemp-derived cannabinoid products that some... Read more
Major marijuana companies are asking a federal court to grant remote public access to a hearing next week in a case where they’re seeking to shield in-state cannabis activity from federal enforcement. And the Justice Department says it has “no position” on the request. The hearing before the U.S.... Read more
These Marijuana Stocks Could Soon Rise In Momentum
You’re reading this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news. We post this and all... Read more
BREAKING NEWS: DEA Issues Notice of Proposed Rulemaking to Move Marijuana to Schedule III

Today is another historic day in the history of cannabis control and regulation. In a much anticipated announcement, the Drug Enforcement Administration (DEA) issued a notice of proposed rulemaking to reschedule marijuana, from Controlled Substances Act (CSA) schedule I to schedule III (the “Proposed Rule”). We have covered the implications of a schedule III placement

The post BREAKING NEWS: DEA Issues Notice of Proposed Rulemaking to Move Marijuana to Schedule III appeared first on Harris Sliwoski LLP.

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A California Senate committee has effectively killed a bill to legalize psychedelic service centers where adults 21 and older could access psilocybin, MDMA, mescaline and DMT in a supervised environment with trained facilitators. After moving through two other panels over the past month, the Senate Appropriations Committee declined to... Read more
The Biden administration’s announcement about its formal move to reschedule marijuana has elicited another round of applause from lawmakers, industry stakeholders and advocacy groups. While the Justice Department already confirmed two weeks ago that it would be moving to place cannabis in Schedule III, rather than Schedule I, of... Read more
Following considerable debate on the New Hampshire Senate floor on Thursday, state lawmakers have revised and approved a House-passed bill that would legalize marijuana in the state. The measure, which senators advanced on a 14–9 vote, next heads to the Finance Committee before returning again to the chamber floor... Read more
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