Cannabis Industry Fired Up About Possible DEA Reclassification

“Well.. they got that right!!” actor and cannabis grower Jim Belushi told HuffPost. “Wise up! Keep moving in the right direction! Now, let’s release the cannabis prisoners from prison.”Lou Police, CEO of Hi Seltzer, a cannabis beverage brand, told HuffPost that he loves the progress being made by the federal government in this space, but stressed that

federal regulatory agencies into applying national standards to cannabis testing, as opposed to the kaleidoscope of regulations we have been dealing with across more than 30 states.”Doing this, he told HuffPost, “will allow good manufacturing practices to come into play throughout the whole supply chain and be taken seriously, ensuring the health and safety of patients and consumers, and setting the industry on a path for longevity and success.

“When you look at the bigger picture and talk about pharma and what that will do to the price of cannabis and having it in every 7-Eleven ― it’s great for consumerism, but I think it will hurt the industry.” Although the DEA didn’t call for full legalization of cannabis, Gersten said activists “must use this historic moment to push the fight for cannabis justice forward and we intend to do so by leveraging this reclassification for broader criminal legal reforms as outlined here.”operate more freely, access important resources like loans and insurance, and have secure banking options.”

Rodney Carter Jr., co-founder and CEO of Trends Dispensary in New York, admits the news is bittersweet because while “it allows for safer banking which is very much needed, it also allows big corporations and big pharma to swoop in making it nearly impossible for the newly licensed or little guys to stand a chance and compete.

DEA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cannabis industry: DEA reclassification is a 'critical first step'Cannabis stocks are experiencing a surge in Tuesday's afternoon trading session, fueled by an Associated Press report indicating that the US Drug Enforcement...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

‘Overtaxed and overburdened’: cannabis industry suffocating under regulatory regime as feds take puff past ...The Hill Times
Source: TheHillTimes - 🏆 11. / 79 Read more »

Cannabis seizures at checkpoints by US-Mexico border frustrate state-authorized pot industrySANTA FE, N.M. (AP) — The U.S. Border Patrol is asserting its authority to seize cannabis shipments — including commercial, state-authorized supplies — as...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Where’s the help for the cannabis industry in the 2024 budget?Many had hoped that in the budget the federal government would announce its intention to initiate a review of the cannabis excise framework
Source: globebusiness - 🏆 31. / 66 Read more »

B.C. cannabis industry calls for government actionIndustry urges government to implement Cannabis Act final report recommendations
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »

B.C. cannabis industry calls for government actionIndustry urges government to implement Cannabis Act final report recommendations
Source: PGCitizen - 🏆 65. / 51 Read more »