marijuana stock news – MJ Shareholders https://mjshareholders.com The Ultimate Marijuana Business Directory Wed, 31 Jul 2024 21:29:16 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 NCIA Public Comment on Proposed Rule to Reclassify Marijuana to Schedule III https://mjshareholders.com/ncia-public-comment-on-proposed-rule-to-reclassify-marijuana-to-schedule-iii/ https://mjshareholders.com/ncia-public-comment-on-proposed-rule-to-reclassify-marijuana-to-schedule-iii/#respond Wed, 31 Jul 2024 21:29:16 +0000 https://thecannabisindustry.org/?post_type=reports_webinars&p=60445 NCIA Public Comment on Proposed Rule to Reclassify Marijuana to Schedule III | The National Cannabis Industry Association

Prepared by NCIA

After nearly two years of administrative processes, the Department of Justice (DOJ) recently proposed a rule to reschedule marijuana from Schedule I to Schedule III of the Controlled Substances Act (CSA). The rescheduling of a controlled substance follows a formal rulemaking procedure that requires notice to the public, an opportunity for comment, and an administrative hearing.

In response to the proposed rule, NCIA has submitted comments to the DOJ. Key takeaways include:

  • Rescheduling marijuana to Schedule III is a positive and historic first step in reforming our outdated cannabis laws, however, it would be more appropriate for marijuana to be completely removed from the CSA.
  • Such a move should be accompanied by timely guidance from DOJ and applicable departments to other federal agencies, state governments, regulators, and businesses. Any guidance must not upend the successful regulatory systems now in place in 38 states.
  • Legalizing and regulating marijuana has had clear, positive impacts on public health and safety across the nation.
  • Moving marijuana to Schedule III would provide clear, profound, and increased economic benefits to the tens of thousands of businesses operating legally under state laws and to the communities which rely upon the tax revenue and jobs they provide.

Related Posts

NCIA is leading the cannabis industry’s unified and coordinated campaign to ensure our business sector is treated fairly and has the opportunity to reach its full potential. Now – more than ever – is the time to invest in your business and the future of the industry by becoming a member.

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These Denver neighborhoods have attracted cannabis businesses in a big way, but not much else https://mjshareholders.com/these-denver-neighborhoods-have-attracted-cannabis-businesses-in-a-big-way-but-not-much-else/ https://mjshareholders.com/these-denver-neighborhoods-have-attracted-cannabis-businesses-in-a-big-way-but-not-much-else/#respond Sat, 29 Jun 2024 19:28:56 +0000 https://www.thecannabist.co/2024/06/29/these-denver-neighborhoods-have-attracted-cannabis-businesses-in-a-big-way-but-not-much-else/136178/

Roger Cobb has spent his life in Denver, bouncing around different neighborhoods before coming to settle in Northeast Park Hill. When he rides his new motorcycle — named Purple Rain — around the city, he notices how community resources are distributed.

“If you cross (Quebec Street), there’s about six, seven, eight different pools over there,” Cobb said last week at the Northeast Park Hill Coalition’s June membership meeting. “We have, really, two.”

Celeste Leonard, 14, drops into the deep end of the pool from the slide at the Hiawatha Davis Jr. Recreation Center in Denver Friday, June 21, 2024. (Photo by Andy Cross/The Denver Post)

Read the rest of this story on DenverPost.com.

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Navigating the Future of Cannabinoid Regulation: Balancing Safety, Innovation, and Consumer Access Position Paper https://mjshareholders.com/navigating-the-future-of-cannabinoid-regulation-balancing-safety-innovation-and-consumer-access-position-paper/ https://mjshareholders.com/navigating-the-future-of-cannabinoid-regulation-balancing-safety-innovation-and-consumer-access-position-paper/#respond Wed, 22 May 2024 01:28:19 +0000 https://thecannabisindustry.org/?post_type=reports_webinars&p=59965

Prepared by NCIA

The National Cannabis Industry Association (NCIA) invites industry owners, operators, regulators, and elected officials to download our latest position paper on cannabinoid regulation. With over 100 different cannabinoids found in cannabis, nuanced and thoughtful policy considerations are crucial for shaping a safe and thriving industry.

Our position paper delves into the complexities of cannabinoid production, differentiating between plant-extracted and synthesized cannabinoids. It addresses the challenges posed by the current regulatory landscape and advocates for a common-sense federal framework that emphasizes safety, consistency, and quality across all cannabis-derived products.

Key insights include:

  • The distinction between intoxicating and non-intoxicating cannabinoids.
  • The economic impact of cannabinoids, evidenced by the billions spent annually on CBD products.
  • The importance of balancing regulation to support both consumer safety and industry growth.
  • Recommendations for federal reform, including modifications to the Farm Bill and the FDCA.

NCIA’s comprehensive approach ensures that safe, regulated cannabinoid products can meet consumer demand while fostering industry innovation and protecting public health.

Download our position paper today to stay informed and contribute to the future of cannabinoid policy.

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AYR Wellness Inc. (AYRWF) Reports Fourth Quarter and Full Year 2023 Results https://mjshareholders.com/ayr-wellness-inc-ayrwf-reports-fourth-quarter-and-full-year-2023-results/ Wed, 13 Mar 2024 21:28:37 +0000 https://marijuanastocks.com/?p=59508 AYR Wellness Reports Fourth Quarter and Full Year 2023 Results AYR Wellness…

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Curaleaf Holdings, Inc. (CURLF) Celebrates New Phoenix Airport Dispensary https://mjshareholders.com/curaleaf-holdings-inc-curlf-celebrates-new-phoenix-airport-dispensary/ Wed, 21 Feb 2024 05:28:55 +0000 https://marijuanastocks.com/?p=59375 Curaleaf Celebrates New Phoenix Airport Dispensary Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX:…

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Tilray Brands (TLRY) Launches Pub Ice: a Refreshing Twist on ‘Cheap Fun https://mjshareholders.com/tilray-brands-tlry-launches-pub-ice-a-refreshing-twist-on-cheap-fun/ Thu, 15 Feb 2024 09:30:40 +0000 https://marijuanastocks.com/?p=59350 10 Barrel Brewing Launches Pub Ice: a Refreshing Twist on ‘Cheap Fun’…

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Brighton to allow marijuana stores for the first time https://mjshareholders.com/brighton-to-allow-marijuana-stores-for-the-first-time/ https://mjshareholders.com/brighton-to-allow-marijuana-stores-for-the-first-time/#respond Sun, 11 Feb 2024 15:29:37 +0000 https://www.thecannabist.co/2024/02/10/brighton-to-allow-marijuana-stores-for-the-first-time/136046/

The city of Brighton is about to get a little greener.

This week, the Brighton City Council voted 7-2 to allow recreational marijuana shops for the first time. The council-approved ordinance allows for the establishment of four stores, with two of the licenses reserved for social equity applicants. Applications open March 1.

This will be the first time Brighton, which is located primarily in Adams County, has ever allowed cannabis businesses within city limits, despite the fact that recreational weed has been legal in Colorado for a decade and medical marijuana has been legal since 2000. The city still prohibits cultivation and manufacturing businesses.

Read the rest of this story on DenverPost.com.

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Letters: What marijuana regulation? We purchased a biscotti-flavored vaporizer with THC potency of 84.9%. https://mjshareholders.com/letters-what-marijuana-regulation-we-purchased-a-biscotti-flavored-vaporizer-with-thc-potency-of-84-9/ https://mjshareholders.com/letters-what-marijuana-regulation-we-purchased-a-biscotti-flavored-vaporizer-with-thc-potency-of-84-9/#respond Thu, 18 Jan 2024 01:28:37 +0000 https://www.thecannabist.co/2024/01/17/letters-what-marijuana-regulation-we-purchased-a-biscotti-flavored-vaporizer-with-thc-potency-of-84-9/136040/

Marijuana regulations don’t seem overly complex

Re: “Colorado paved the way, and sky didn’t fall,” Dec. 31 news story

I read with interest the article about the 10-year wild ride of marijuana legalization and was intrigued by the comment by Truman Bradley, executive director of the Marijuana Industry Group, a business trade association.

Read the rest of this story on DenverPost.com.

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Canopy Growth Corporation (CGC) Announces Completed Sale of BioSteel Business https://mjshareholders.com/canopy-growth-corporation-cgc-announces-completed-sale-of-biosteel-business/ Sat, 02 Dec 2023 09:32:20 +0000 https://marijuanastocks.com/?p=58886 Canopy Growth Announces Completed Sale of BioSteel Business Canopy Growth Corporation (“Canopy…

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Cronos Group Inc. (CRON) enters into agreement for the sale-leaseback of its Stayner, Ontario facility https://mjshareholders.com/cronos-group-inc-cron-enters-into-agreement-for-the-sale-leaseback-of-its-stayner-ontario-facility/ Tue, 28 Nov 2023 05:29:37 +0000 https://marijuanastocks.com/?p=58843 Cronos Group Inc. enters into agreement for the sale-leaseback of its Stayner,…

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