Despite the U.S. Drug Enforcement Administration’s recent response to a letter from Rep. Earl Blumenauer urging the agency to deschedule cannabis, Porter Wright Morris & Arthur’s Shane Pennington says it could be after the 2024 election before federal officials come to a decision on cannabis’s Schedule I status. …
Tag: Cannabis Business Times
Out-of-State Applicants Swarmed Missouri’s Social Equity Cannabis Lottery
Applicants were permitted to have owners from different states within one application, but no one individual could apply for more than one license. …
Cannabis Retailers Now Massively Overpaying Excise Tax, California Lawsuit Claims
Catalyst Cannabis Co. is suing the state’s tax department over “emergency” regulations regarding how cannabis accessories are taxed. …
Delta-8 THC Remains Legal in Texas Following Appellate Ruling
The court upheld a temporary injunction that halts the state from scheduling products that contain the hemp derivative. …