Marijuana stocks rise after news of Trump’s plan to reclassify cannabis
Cannabis stocks saw a significant increase on Friday, reacting to reports from the Washington Post about President Donald Trump’s expected initiative to lighten federal regulations concerning marijuana. Shares of Tilray Brands jumped by 35%, while other companies like SNDL and Canopy Growth experienced rises between 20% and 31% during early trading hours. According to reports, […]
Thai government to reclassify marijuana as a narcotic, require permits for use
Thailand plans to reclassify cannabis as a narcotic drug and issue licenses only for medical and research purposes. Prime Minister Sureta Tabisin recently announced a shift in policy, aiming to recriminalize cannabis by the end of the year. The new regulations will ban recreational use of cannabis and require a license for cultivation, export and […]
DOJ Proposes Rule To Reclassify Marijuana
The Department of Justice (DOJ) on Thursday unveiled a move to change the federal status of marijuana, proposing to reclassify it from Schedule I to Schedule III, ABC News reported. The Biden administration has filed a “Notice of Proposed Rulemaking” with the Federal Register seeking to reclassify marijuana. according to To ABC. If approved, this […]
DEA Expected To Reclassify Cannabis In ‘Historic’ Shift
People celebrating 420 years at Washington Square Park in New York City on April 20, 2024 (Photo by LEONARDO MUNOZ/AFP) (Photo by LEONARDO MUNOZ/AFP, Getty Images) OAN’s Brooke Mallory4:31pm – Tuesday, April 30, 2024 President Joe Biden has called for an overhaul of marijuana laws as he pursues reform advocates to boost his re-election campaign, […]
Biden Admin To Reclassify Marijuana, Place It In Same Category As Tylenol, Sources Say: REPORT
President Joe Biden’s administration will soon announce interim rules that will reschedule marijuana from its strict Schedule I classification to Schedule III, multiple sources told NBC News. Drug Enforcement Administration (DEA) expected to approve Biden’s Health and Human Services (HHS) opinion seeking reclassification, NBC News reportsaid, citing multiple sources. In August, Biden’s Health Department secretary, […]
US drug control agency will move to reclassify marijuana: sources
WASHINGTON – The Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, the Associated Press reported. This is a historic shift in American drug policy for generations and could have far-reaching ramifications across the country. The DEA’s proposal, which still needs to be reviewed by the White House Office of Management […]