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Corporate developments, investments, acquisitions, and global cannabis business insights

GOP Senator Wants Feds To Study Hospital Costs Caused By

A Republican senator has filed an amendment that would require the federal government to track the cost of hospitalization due to marijuana use. The proposal, from Sen. Ted Budd (R-NC), would require the secretary of the Department of Health and Human Services (HHS) to compile data on “Federal and State expenditures under the Medicaid program…that…

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Top Virginia Senator Files Bill To Provide Sentencing Relief For

Virginia’s Senate president pro tempore has filed a bill to provide relief for people convicted of past cannabis crimes, mandating that individuals with certain offenses automatically receive resentencing hearings and have their punishments adjusted. The legislation is similar to proposals passed by lawmakers in recent sessions that were vetoed by Gov. Glenn Youngkin (R). The…

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GOP Lawmakers Urge Trump Not To Reschedule Marijuana In Last-Ditch

Republican congressional lawmakers are making a last-ditch attempt to convince President Donald Trump not to follow through with reported plans to reschedule marijuana—with a pair of letters from House and Senate members who say the move would be a mistake. The House letter says rescheduling cannabis would “send the wrong message to America’s children, enable…

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Wiz Khalifa Sentenced to 9 Months for Lighting a ‘Big

Wiz Khalifa has been sentenced to nine months in prison in Romania for lighting up a joint on stage during a music festival. A small amount of cannabis in a country with little tolerance, a crowd packed with young fans (something judges said worsened the offense), and a criminal ruling that crossed borders.What Romania’s court…

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Trump’s Marijuana Executive Order Details Leaked Ahead Of Announcement, Including

President Donald Trump will be signing an executive order on Thursday that will direct the attorney to “expedite” and “complete” the marijuana rescheduling process, throw a lifeline to the hemp industry, allow doctors to prescribe CBD products that would be eligible for Medicare coverage and more, a White House official told reporters at a readout…

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Tribe Tokes’ Luxury Vegan Cannabis Gummies

When recurring sinus infections back in 2016 forced TribeTokes co-founder Degelis Pilla to cut back on smoking and vaping cannabis, she began searching for an alternative consumption method that would work just as well as inhalation for long-term use. She explored the market but found nothing that checked all the boxes. She wanted something plant-based,…

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Is Trump Rescheduling Marijuana Today? Sources Point To a 1:30

President Donald Trump is expected to sign an executive order addressing federal cannabis policy at 1:30 p.m. Eastern Time on Thursday, according to multiple reports citing the president’s schedule and White House officials. Sources say the order is expected to move cannabis from Schedule I to Schedule III under the Controlled Substances Act. If that…

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The Last Days of the Hemp Era

How a Legal Loophole Rewired America’s Cannabis Industry and Why Its Collapse Will Change Cannabis Forever For six years, the American hemp industry breathed life into people who had spent years waiting for true relief, and it carried a sense of possibility that felt almost impossible, sparking policy debates and cultural clashes along the way.…

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Trump Signs Executive Order To Reclassify Marijuana By Removing It

Marijuana will be federally rescheduled under an executive order signed by President Donald Trump on Thursday. The directive also aims to address federal hemp laws to promote access to full-spectrum CBD that could be covered under federal health insurance plans. Months after Trump said a decision on the cannabis reform proposal was imminent, the president…

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Gang Starr’s Guru Quit Smoking Weed And Didn’t Like His

“I stopped smoking and realized I didn’t like my friends.” The line allegedly belongs to the late Guru of Gang Starr. In our new podcast, House of Haze, ICE-T brings it back as a gut check for anyone who built a circle around consumption. Ice-T isn’t anti-cannabis. He respects the plant, the culture, the history.…

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