Reddit Posts
This is your friendly reminder that it is time to take a look at US cannabis ETF $MSOS. Rescheduling of cannabis is imminent. It’s the perfect entry.
Gillibrand, Nadler call on AG Garland, DEA to scrap federal laws targeting weed
Gillibrand, Nadler call on AG Garland, DEA to scrap federal laws targeting weed
3 promising small-cap stocks you should consider adding to your watch list
3 promising penny stocks you should consider adding to your watchlist
3 promising penny stocks you should consider adding to your watchlist
US MSO Stocks Steadily Rising In Anticipation of Rescheduling
The weed sector is for bag holders and morons, they said. Don't waste your time, they said.
Best single trade yet (CRWD leap) and Goog calls. But wait theres more! Weed's being rescheduled bois (in with ~50k) $MSOX
“Historic Shift - Cannabis Rescheduling Possibility Explained”
DEA Considers Rescheduling Cannabis: What This Means For U.S. And Global Policy
Matt Zorn: The Lawyer Who Beat The DEA (Explained) | TDR Exclusive
Rescheduling and Near Term Catalysts for US Multi-State Operators
$HITI , the most undervalued company in its sector and the best performing
$HITI , the most undervalued company in its sector and the best performing
$HITI , the most undervalued company in its sector and the best performing
A huge trading opportunity could be coming if the Biden administration reforms marijuana laws
DEA Considers Rescheduling Cannabis—What This Means For U.S. And Global Reform
Podcast: Boris Jordan to Start Roadshow on Jan 23 to meet Institutional Investors
DEA is Going to Have a Hard Time Fighting Marijuana Rescheduling
Cannabis Bull Market Scenario Analysis with PS Ratio Valuation
Cannabis Stocks: Squeeze to the moon when DEA reschedules THC...
Top Biden Health Official In Touch With DEA About Marijuana Rescheduling Recommendation
HHS Strong Rescheduling Recommendation and Impact on MSOs Lawsuit Against DOJ
$MSOS DD: Squeeze Potential + Analysis
Top Biden Health Official In Touch With DEA About Marijuana Rescheduling Recommendation
HHS Strongly Recommends Schedule to III
$TLRY $MSOS BREAKING: Feds Release Marijuana Documents, Confirming Schedule III Recommendation Based On ‘Accepted Medical Use’
12 State Attorneys General Tell DEA To Reschedule Marijuana As ‘Public Safety Imperative’
$MSOS $TLRY BREAKING: Feds Will Release Marijuana Rescheduling Memo And Related Documents ‘In Their Entirety’ In Response To Lawsuit
Trump's lead (40%) is growing over Biden (37%). The Biden administration needs to make the DEA Cannabis Schedule 3 announcement sooner rather than later due to the full process.
What will happen to cannabis stocks in 2024?
Republican Steven Cohen - "#Cannabis shouldn't be a Schedule 1 drug—more like Schedule 420. I've pressed the DEA on this for years (most recently in July, QT'd 👇) & I'm weighing back in today. Full letter here:"
MSOS TLRY "Congressman Tells DEA To Reschedule Marijuana ‘As Swiftly As Possible’"
Congressman Tells DEA To Reschedule Marijuana ‘As Swiftly As Possible’
Congressman Tells DEA To Reschedule Marijuana ‘As Swiftly As Possible’
Higher Exchanges: 2024 Cannabis Investing Preview
MSOS halted today on news that DEA reviewing Marijuana classification
DEA Tells Congress It Has ‘Final Authority’ On Marijuana, Regardless Of Health Agency’s Schedule III Recommendation
The Drug Enforcement Administration (DEA) letter obtained by punchbowl.
DEA tells House lawmakers marijuana review is ongoing #MSOS #MSOX
DEA tells House lawmakers marijuana review is ongoing
DEA reviewing marijuana's classification, per Punchbowl
DEA Calls For Even More THC, Psilocybin And DMT To Be Produced For Research In 2024
DEA calls for higher quotas of cannabis for schedule 1 research.
Why fears about Biden’s marijuana moves are overblown
Tesla Investor Ross Gerber Calls On DEA To Reschedule Cannabis: 'Absurd We're Still Waiting'
This is an obvious bet right? Why isn't everyone doing it? Am I crazy?
Independent pharmacies receiving threatening letters from DEA about selling medical marijuana
HHS official calls for reclassifying marijuana as a lower-risk drug in letter sent to DEA
Is this recent run due to anything more than a lot of confident speculation on DEA Schedule 3?
$MIRA trading at $3.80 - valuation of $22.70 based on DCF analysis
$MIRA trading at $3.80 - valuation of $22.70 based on DCF analysis
Beacon Analyst update on Re-Schedule and SAFER
Cannabis & Schedule III - Next Steps for the DEA — Insights X MSO-MAO
High Tide HITI looks extremely bullish!
Senator Pushes DEA To Act With 'Great Urgency' To Reschedule Marijuana
Long $MSOS (USA Cannabis ETF) - Senator Pushes DEA To Act With ‘Great Urgency’ To Reschedule Marijuana 🚀🌕📈
Kim Rivers BNN Bloomberg interview Nov 9th @ 5:25 mark - "We are waiting any day now for DOJ/DEA to affirm HHS"
$MSOS USA Cannabis ETF - January 2024 bullish call spread bet for DEA (Drug Enforcement Agency) accepting rescheduling to class 3 🌿🔥😎
DEA likely to OK marijuana rescheduling, but election and lawsuits could get in the way
Former FDA Official Predicts DEA Will Reschedule Cannabis by Next Presidential Election
Former FDA Official Says He’d Be ‘Shocked’ If DEA Doesn’t Reschedule Marijuana By 2024 Election
Former FDA Official Says He’d Be ‘Shocked’ If DEA Doesn’t Reschedule Marijuana By 2024 Election
DEA likely to approve marijuana rescheduling recommendation
Bipartisan House Coalition Urges DEA to Align with Federal and State Cannabis Reforms
How long do you expect the DEA's rescheduling to take?
Federal Appeals Court Rules Against DEA In Psilocybin Rescheduling Lawsuit Brought By Doctor Who Wants To Give Psychedelic To Cancer Patients - Marijuana Moment
31 Bipartisan House Lawmakers Push DEA To Consider ‘Merits’ Of Marijuana Legalization As It Completes Scheduling Review
Here's the question, It's getting more,Top Federal Health Agency Releases Highly Redacted Marijuana Scheduling Recommendation Letter To DEA
Top Federal Health Agency Releases Highly Redacted Marijuana Scheduling Recommendation Letter To DEA
Former DEA heads oppose cannabis rescheduling
Marijuana Rescheduling Would ‘Supersize’ The Industry, Former DEA Heads And White House Drug Czars Warn Biden Administration
Endexx Provides Insight on Possible New Federal Cannabis Regulations
Special Briefing on Cannabis Federal Scheduling Reform (Vicente)
[Webinar] Special Briefing on Cannabis Federal Scheduling Reform
4 years ago Patrick McHenry opposed the SAFE Banking Act. But that changes (maybe) if there is a down-scheduling of marijuana from 1 to 3.
90 day DEA response to HHS and when it becomes law with source
When must the DEA legally have an answer on descheduling?
American Council of Cannabis Medicine Prepares DEA Rescheduling Application; Backs HHS Directive on Cannabis Rescheduling Industry Input Opens This Week
Mentions
I mean, not in our backyards if you're an American. If we have a war in our backyard, that means we're in one of three timelines: 1. War with Canada - well that's just not happening. 2. American Civil War II - realistically, there aren't any indications that this is coming. We don't have the necessary regional stratification showing yet. 3. War with Mexico/Hot War with Cartel Orgs - This is the most possible, but still an incredibly remote possibility. It's only even remotely possible because Mexico is already allowing US DEA flyovers that appear to be collecting info on cartel locations, and the president has apparently inquired repeatedly about striking cartel operations via drones/cruise missiles.
Biden started this whole rescheduling review, but the DEA is a Republican institution, so they weren’t going to give him a win while he was in office
I haven’t lost track of **your statement of “tried to legalize in Florida”** which is simply not true. Trump - what actions? He’s also not pro-reform until he demonstrates otherwise with ACTION. I wouldn’t worry about timeline. I’d just worry about continued opposition. Whatever Trump wants, he’ll have power over his DEA pick, not the other way around. All of his picks are rubber stampers and sycophants. Just watch his staff meeting today and daily press briefings. Seriously, stay away from estimating timelines in this industry.
I still can't believe America gives so much power to the DEA. Cops should enforce policy; not make it.
He didn't completely shutdown the border. He shut down asylum requests once the average number of daily encounters tops 2,500 between official ports of entry. He also didn't do it unilaterally. There was already an existing law on the books that gave him the authority to do so. This is vastly different than doing it all on his own without congressional approval. >The shutdown would go into effect immediately since that threshold has already been met, a senior administration official said. The border would reopen only once that number falls to 1,500. The president’s order would come under the Immigration and Nationality Act sections 212(f) and 215(a) suspending entry of noncitizens who cross the southern border into the United States unlawfully. [https://www.nbcnews.com/politics/white-house/biden-signs-executive-order-shutting-southern-border-rcna155426](https://www.nbcnews.com/politics/white-house/biden-signs-executive-order-shutting-southern-border-rcna155426) As it relates to descheduling marijuana, >In October 2022, President Joe Biden asked the U.S. Department of Health and Human Services (HHS) and the Drug Enforcement Administration (DEA) to review how marijuana is scheduled under the Controlled Substances Act (CSA). In August 2023, HHS recommended to DEA that marijuana be moved from Schedule I to Schedule III, based on HHS’ scientific and medical evaluation. In May 2024, DEA proposed a rule that, if finalized, would transfer marijuana to Schedule III. So again Biden could not use an executive order to reschedule marijuana unilaterally. >The [Controlled Substances Act (CSA)](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title21-section811&num=0&edition=prelim), Congress authorized the Attorney General, the head of the Department of Justice (DOJ), to schedule substances, move substances between schedules, or deschedule substances. That authority is delegated to DEA, which is within DOJ. This means that, in practice, DEA is the agency that determines whether to schedule a substance and into what schedule a substance will be placed. This placement is based on the substance’s medical use, potential for abuse, and safety or dependence liability. [https://moritzlaw.osu.edu/faculty-and-research/drug-enforcement-and-policy-center/research-and-grants/policy-and-data-analyses/federal-marijuana-rescheduling](https://moritzlaw.osu.edu/faculty-and-research/drug-enforcement-and-policy-center/research-and-grants/policy-and-data-analyses/federal-marijuana-rescheduling)
We’ve lost track of my original post; Trump’s words and actions suggest he’s pro reform but his DEA pick is anti reform… So what’s it going to be? What does the future hold and what is the timeline?
The previous admin actually created the rule. The DEA brown shirts are the ones who generated this blockade of the rule change.
The DEA needed to be purged of the boomer DARE lunatics
you were probably one of the regards that said biden couldn’t close down the border without congress and blamed republicans for stopping the border bill lmao 🥭 comes in and shuts that shit down and stops illegal border crossings by 99% within 3 weeks without needing congress to do anything. the same thing applies to DEA scheduling. stop making regarded excuses, biden failed. simple as that. the president has a lot of authority to do a lot of things without congress, but the dementia patient failed.
>.. Pick To Lead DEA Says Marijuana Rescheduling Review Will Be ‘One Of My First Priorities’ In The Job ... Because he wants to see it approved or because he wants to reverse a process started from the previous administration?
They won't just start sending the DEA into blue states. They'll use it as justification to hold back even more different types of federal funding to those blue states, too.
Yep. That was personally hard to watch for me. My read on this current guy is he's going to prioritize shutting it down the same way the DEA did last fall/winter
Why didn’t he just make Rogan the DEA administrator…. We’d be done with this shit already. Maybe he’s slotting Rogan to be the new pope or something
Didn’t he fire Jeff Bridges the first time around for threatening to do that shit? I vaguely remember the Keebler Elf threatening legal states and getting salty when they threw up the finger and said “The DEA won’t have any help from local PD” Could be misremembering though
Nothing with a schedule is ever sold over the counter it requires a DEA license to prescribe and dispense. Even if it was simply prescription yet not a controlled substance it wouldn’t be over the counter, like how you can’t just buy penicillin over the counter without a prescription.
Got all the way to the finish line and then the DEA sandbagged it after Trump won
Well now we have a president AND a DEA that opposes it so idk how that's any better
OP you’re reading too much into this, your bags must be heavy. he’s going to solve those ALJ and appeal problems by stonewalling the effort entirely with DEA disapproval
There not talking about legalization, just dropping it from Schedule 1 to Schedule 3. First, I don’t believe they will get it done but even if they do it would still be illegal to grow, possess, buy, or sell without a valid prescription by a DEA licensed medical provider. The only thing that would change is the number of years you are spending in the federal lockup if they decide to arrest.
This is probably not good news actually. From the article: *“Are you committed to seeing it to fruition?” the senator asked.* *“I don’t know. I haven’t seen it,” Cole said.* *“So you’re leaving the door open to changing course,” the senator said.* *“I’m leaving the door open to studying everything that’s been done so far, so I can make a determination,” the prospective DEA head said.* Which means he's probably not going to reschedule it. Why would he? He's a product of the social conservative movement.
It's a pump and dump. These guys probably loaded up on weed stocks then going to sell the day before new head of DEA says it's going to remain schedule 1.
Yea, don’t hold your breath. Marijuana reform has not been a priority and does not seem well liked by the older generations of politicians on either side, or by govt institutions like DEA, FBI, etc. From the article: “Pressed on his position on the specific proposal to move marijuana to Schedule III, he said, “I need to understand more where [agencies] are and look at the science behind it and listen to the experts and really understand where they are in the process.” Cole also said in response to questions from Sen. Thom Tillis (R-NC) at the hearing he feels it’s appropriate to form a “working group” to look at the federal-state marijuana law disconnect in order to “stay ahead of it.”
Yes it was in the process, but there was so much red tape that it was very possible with a new administration coming in they could effectively kill it (example: DEA could have never set the schedule for interlocutory appeal, or DEA could have gone against the DOJ proposed rule change and ALJ judge approval of rescheduling) Looks like they plan to bypass some of this red tape and go straight to a final. It has been 1 year to this day (coincidence DEA head said this today…?) when DOJ proposed rule change after all the research was done by HHS and the DEA
I have a feeling this is going to take a lot longer still. The DEA’s hearing and review process was nearly complete last summer. Hopes were that the rescheduling would be solidified for January 1 to make it easy to implement in respect to taxes (i.e. Sec. 280E). Enforcement would be a bit of a nightmare mid-year, but not impossible.
It really doesn’t add up. Trump (we’re told) is petitioning congress to pass cannabis reform, tried to legalize recreational in Florida then appoints the most anti cannabis DEA person since Nixon.
Just because something has wide public support, doesn't mean congress is going to pass something related to it. Congress has to initiate the process through a change to the controlled substance act before the DEA can complete the process. This is the same argument for background checks. Nearly 86% of people support universal background checks on firearms. Any gun regulations are a non starter with the GOP. Here are other topics americans overwhelmingly support but congress had not acted: * Term Limits * Infrastructure Reform * Increasing Teacher Pay * Medical Debt forgiveness * Abortion access * Making it legal to record the police
Lmao a dem DEA has been opposing S3 🤡🤡🤡
Careful with saying this is good news. This article says things such as “…DEA administrator nominee Terrance Cole repeatedly declined to commit to support the specific proposed rule to move cannabis from Schedule I to Schedule III of the Controlled Substances Act (CSA) that was initiated under the Biden administration.” And “Cole also said in response to questions from Sen. Thom Tillis (R-NC) at the hearing he feels it’s appropriate to form a ‘working group’ to look at the federal-state marijuana law disconnect in order to ‘stay ahead of it.’ Cole has previously voiced concerns about the dangers of marijuana and linked its use to higher suicide risk among youth.” There’s a real chance marijuana could be moved to schedule 2 instead of 3. The federal government could also pressure states in roundabout ways to make marijuana harder to access than what it is now.
Reminder, Trumps first pick for DEA was pro cannabis and his first pick for DOJ (in charge of DEA) was Matt Gaetz, EXTREMELY pro cannabis. Breadcrumbs everywhere that this will get done. They fall in line or they get fired with what he wants
Reminder - his pick to run the DEA has been [vocal about his opposition](https://filtermag.org/trump-dea-pick-cole-marijuana/amp/) to any sort of cannabis reform.
just read the headline. Don't read the article! "However, DEA administrator nominee Terrance Cole repeatedly declined to commit to support the specific proposed rule to move cannabis from Schedule I to Schedule III of the Controlled Substances Act (CSA) that was initiated under the Biden administration."
I’ll just copy and paste what was said to make it real easy for ya “If confirmed, it’ll be one of my first priorities when I arrived at DEA to see where we are in the administrative process,” Cole told Sen. Alex Padilla (D-CA) during his confirmation hearing before the Senate Judiciary Committee. “I’m not familiar exactly where we are, but I know the process has been delayed numerous times—and it’s time to move forward.” That last line is my point.
( ◠‿◠ ) The DEA may move cannabis to Schedule 3, which would open the door for FDA research and let pharmacies like Walgreens, Costco, or CVS offer it with insurance coverage—patients could use a co-pay just like with regular prescriptions.
I'm a hater, but this is pretty good news. I thought it was 50/50 whether his Admin would push it through given how popular it is, or roll it back given how against it the DEA has been (and how much money he got from tobacco and pharmaceutical lobbies). Good to see the tossup went the way of rescheduling and (hopefully) eventual full legalization.
You could barely get them to say anything on the whole subject. And again, if he wanted to get it done, don’t you think he would know that his DEA head wasn’t going to support it? Did he get it done or did it roll over into the next administration? Again, I didn’t vote for Trump, but I’m just calling it like I see it.
MSOS, CGC, TLRY have bull flags based off news that Trump’s pick to lead the DEA wants to prioritize reviewing medical marijuana.
I voted for Biden, he didn’t do shit other then start the process with a DEA administrator that wasn’t on board. I believe we’ve seen through the disclosures everything that the Dea did to screw the ALJ up. I want winners in this space and while I don’t agree with almost anything on Trump, he has the balls to make a damn decision and get it done.
( ͡° ͜ʖ ͡°) The DEA might reclassify cannabis to schedule-3 which would the FDA to study it for medical purposes and allow insurance companies to help patients obtain medical cannabis at a pharmacy such as “Walgreens, Costco, or CVS” with the use of a co-pay similar to any other medication.
His pick for the DEA is very anti legalization.... So... The review might be his first priority, but I think we can guess how that's going to go
Marijuana Moment President Donald Trump’s pick to lead the Drug Enforcement Administration (DEA) says examining a proposal to federally reschedule marijuana will be “one of my first priorities” if he’s confirmed for the role, saying it’s “time to move forward” on the stalled process. However, DEA administrator nominee Terrance Cole repeatedly declined to commit to support the specific proposed rule to move cannabis from Schedule I to Schedule III of the Controlled Substances Act (CSA) that was initiated under the Biden administration.
( ͡° ͜ʖ ͡°) The DEA might reclassify cannabis to schedule-3 which would the FDA to study it for medical purposes and allow insurance companies to help patients obtain medical cannabis at a pharamacy such as “Walgreens, Costco, or CVS” with the use of a co-pay similar to any other medication.
Just shows how broken DEA roles and responsibilities with respect to CSA are generally. They know how the public feels about it. They know how the HHS feels about it. They know how veterans feel about it. They know what the medical and scientific studies show. There’s no argument to keep it in schedule 1 or 2 🥲…there’s a strong argument to de schedule completely.
DEA should leave THC drinks, etc up to the HHS/FDA. DEA is not a health agency.
https://abcnews.go.com/GMA/Food/thc-seltzers-rise-popularity-drinks/story?id=121167693 ABC News article on THC drinks. Interesting how they name drop the DEA multiple times and reference the DEA's stated side effects of marijuana. At the same time, they don't talk about how the DEA considers marijuana to be as dangerous as heroin.
This AL Judge was doing a good job. He is employed by the DEA.
** The DEA has entered the chat **
That lawsuit wasn't holding it up. S3 is pending action by the DEA head, the hearings are stalled until he decides on what to do with it. In other words, we are waiting on what Trump will do about it...IF he wants to do something about it.
It's being held up by the feds. The judge put a 90 day pause after the DEA shenanigans, and only the feds can start the process again. And at 90 days, they didn't resume. So it's on hold until they say so.
>has his skeletons Like being a heroin addict for years? I don't care about that. It's his supposed vocal pro cannabis stance and complete silence on the matter since being appointed that pisses me off. He should be publicly calling out the DEA to follow the HHS recommendation on rescheduling. Not a peep...
Agreed, and it's going to be casually abused, kind of like what made the DEA crack down on ADHD medications (stimulants) in the past 4/5 years.
nothings perfect, especially not a drug or smoking. Coming from someone whose had CHS I can say there's more than enough downsides for DEA to actually point out but they would rather focus on blatant demonization like "anti-420 day". Its not the blatant anti cannabis rhetoric that upsets me the most bc I'm prepared for that, what always astonishes me is the general lack of factually based knowledge. The highest education most people have on drugs is what they were told in D.A.R.E. and its sad.
Would be great if DEA started doing their job, enforcement. Instead of playing HHS.
haha my boyfriend Trump. Nice one. That is unlikely to happen. The likely path is rescheduling isn't going to happen or is going to be delayed a long time and banking will be passed. Most of Trump's cabinet is not pro marijuana especially the new DEA and AG heads. I just don't think that is a good gamble. And the unforunate part is these stocks for the most part can just continue lower. The only one I would start to buy is Green Thumb because there is absolutely no bankruptcy risk so the cheaper it becomes it actually makes sense to buy.
It's so strange that the federal government hasn't amended the hemp statute to make THCa illegal nationwide, but then they obviously seem to have no interest in interfering with state level legalization. The only time I hear of the DEA busting a grow here in Oregon is if it was also unlicensed under state laws, and state and local police are also involved in the bust. We've arived at the point where I wonder why the Federal government doesn't just stop the bull$h1t and legalize it. The anti-legalization states would still be free to keep the laws that they have.
Agreed it’s been a rough few years to say the least and the DEA shenanigans is the final straw. They need to get fired as per trumps reorganization plans
Not only that I called for the MSO’s to sue for back tax overpayments. I believe they will get 2023 and 2024 back from the irs cause the DEA are crooks. And they may be able to go back even further.
Tx, that is an overlooked article. " If cannabis no longer meets the definition of a Schedule I or II substance, then 280E no longer applies, regardless of its formal classification." "In late August 2023 HHS officially recommended that cannabis be moved to Schedule III . In April 2024 the Department of Justice’s Office of Legal Counsel (OLC) determined that DEA’s existing approach to evaluating “currently accepted medical use” was “impermissibly narrow,” and it endorsed the HHS two-part inquiry.." "While DEA hasn’t yet finalized rescheduling, it is legally obligated to incorporate HHS’s findings in its decision." "From a tax perspective, that recognition alone raises serious questions about the continued applicability of 280E."
I don't see a need for the DEA to do anything except be cops and perform large drug stings/busts against cartel activity. It should be a 95/5 split of field officers to admin, and then the rest of the admin folds up into the DoJ.
I would FOOKING love for this to be insider buying because trump smacks the DEA and says go to final ruling schedule 3 and Shut YOUR traps and do what i say or your all fired. And then he fires half of them anyway for being the obstructionary crooked pigs that they are and is the perfect example of what he is saying he is trying to eliminate with the swamp.
I disagree, they highlighted that the DEA is corrupt and they can refine the lawsuit later if nothing moves forward. Good for the physicians.
I’m not selling my bags so I don’t have any angle here, but I’m just so fucking tired of it. It’s one of the biggest carrot dangles I’ve ever seen. Weed is talked up during/into elections, they get into office, and no more talk about it. It wouldn’t be that hard to do something. And I know we’ve had this discussion before, but I don’t think it was a good idea to delay the DEA hearing. At least we had an ongoing hearing make them cancel it and take the L vs this stalling crap. Ugh ok im done
I’m holding off- I’m in similar bags - 1500 shares at $7 and very hesitant to put more money in, but holding what I have. If 45/47 doesn’t decide to kill reschedule and we get clarification on WTF DEA is doing I might average down but not while we have no clue on new admin position. Good luck
I'm looking for in and out plays so for MACD I use 9, sometimes 12, and enter/exit around the time the DIF/DEA flips (unless other indicators show a STRONG hold indicator)
DIF/DEA have flipped so careful right now until it corrects
Still patiently waiting on doge goons to go after DEA but yeah - agreed with the comments that they may get exceptions since the admin is rapidly sliding toward authoritarianism.
He'll make an exception for the DEA & ICE, mark my words.
>"...The implications are significant for DEA officials accused of blocking lawful cannabis research efforts. Over the last seven years, Prevoznik, Strait, and Haig have been central figures in the ongoing controversy surrounding MMJ BioPharma Cultivation's delayed registration application. Despite full compliance with FDA requirements and congressional mandates under the Medical Marijuana and Cannabidiol Research Expansion Act, the DEA has failed to act on MMJ's application - now more than 2,300 days overdue..."
Gpt: President Joe Biden formally nominated Anne Milgram to serve as Administrator of the Drug Enforcement Administration (DEA) on April 22, 2021. Her confirmation process proceeded as follows:  • Nomination Date: April 22, 2021 • Senate Judiciary Committee Hearing: May 26, 2021 • Senate Confirmation: June 24, 2021 (by unanimous consent) • Swearing-In: June 28, 2021  This timeline indicates that approximately two months elapsed between her nomination and confirmation, and just over two months from nomination to being sworn in.
I wouldn't be so sure. Yes the DEA has stalled many many mannnny other times. But the DEA has no say in when Terry Cole gets confirmed. I imagine the chaos in the Whitehouse right now is the biggest factor.. and it doesn't bode well for Cannabis as its not much of a Whitehouse priority.
They dropped the lawsuit because the lawyers unlikely thought it through as evidenced by indefinite DEA delays. Most of the attorneys, lobbyists, cannabis media, and other talking heads are B-level amateur quacks. Industry requires more proven professionals from other industries.
The 3 month delay has passed and the update the DEA gave to the hearing judge is that they're waiting for action on the head administrator, currently Delek Maltz, to choose what to do next. Since he's a interim, it's likely that he will do nothing about it until Terrance Cole(the actual man Trump appointed to the role) takes over, then we may know what they will do about it. In other words...It will boil down to whether Trump will want something done to it or not. If the US Cannabis Roundtable lobbying in Washington DC doesn't have any fruitful answers on that, I'm almost 100% that it will be a carrot dangling for voters on the midterms in 2026.
The MMJ lawsuit against the DEA is a good read. Just insane the efforts they’ve gone to stop any measure of progress. Absurd conflict of interest to have them oversee the CSA with limited ability for medical / scientific agencies to supersede.
This is somewhere between a smart move, and a hail Mary. The last thing anyone needs is every interested party entering into litigation which could take decades to unravel. It is questionable whether or not this moves DEA to act in any way, much less act in hood faith.
>...Days after submitting the motion to dismiss the case, the court granted it without prejudice, which D4DPR said enables it to take up the legal challenge again in the future if DEA ultimately declines to move forward with the proposal to reclassify cannabis as a Schedule III drug under the Controlled Substances Act (CSA). >In the interim, D4DPR is touting the disclosure of “previously withheld DEA communications” with certain witnesses selected to participate in administrative hearings related to the rescheduling process. >The group said in a press release on Monday that the documents that were disclosed as part of the court proceedings “provided transparency into the selection process and revealed that DEA engaged in communications with several applicants before formal selections were made.” >“This disclosure was a major win for transparency and accountability,” Bryon Adinoff, president of D4DPR, said. “The cannabis advocacy community has long questioned the DEA’s objectivity, and these documents confirm those concerns. Our goal was to expose the agency’s improper conduct—and we succeeded.” >But with DEA’s rescheduling process stalled indefinitely as it’s tied up in a separate administrative challenge from pro-reform witnesses, the group said maintaining its lawsuit “could have resulted in more delay.” So having met its “core objective” of forcing transparency, it moved to dismiss the petition...
Pretty sure it's the DEA trying to push for "anti-420" day, just forced memes and promoting blatant misinformation. Probably grounds for a lawsuit against them if true.
Wanna make some money in the next year? Look into Takeda Pharm shares. Coming out with the first orexin agonist by 2026. IOW a non addictive stimulant that won't be subject to DEA limitations.
I am willing to miss the first but of a reversal...but would have to see some movement to lower taxes in Canada (LPs) and some clarity on DEA and S3. But even then, I like that my dividend payers are still paying during this tariff turmoil, so would be hard pressed to come back into this sector with a vengeance. Pretty much every carrot in this sector has been pushed so far down the road, and so much depends upon politics (biggest lesson learned for me is to not depend upon political promises even less than I already did). I'm close to a 7 figure loss in this sector. Fortunately I did well in other sectors (primarily oil and gas) but my overall portfolio is still down about 30 percent due to being too heavily weighted in cannabis stocks. I was a pig, and I got slaughtered.
Usually a death spiral. Notable exceptions: AIG C PCLN DEA is none of those.
From some light research....this bill seems to go straight to descheduling with regulations like alcohol tobacco. Theoretically we could stay out of all the HHS/DEA/S3 shenanigans with medical vs rec and how to deal with each blah blah blah. Just full deschedule.. This could be big...
>how anyone could argue that the DEA isn’t corrupt I've never seen anyone even try to argue that. Everyone knows at this point. The fact that marijuana is still a schedule 1 drug is absolutely preposterous and obvious proof of corruption.
Somehow, the DEA gets involved after HHS approval of re-schedule. Assinine.
No, but the Google synopsis is pretty funny. >Two former high school lab partners stumble on a mushroom that can heal almost anything, apart from the corporate interests of the DEA, big pharma, and international businessmen.
On a different note has anyone watched "Common side effects"? Its use of the DEA seemed correct.
But the DEA says it has no acceptable medical use? or something about treaties? No No .. its far to enjoyable to be legal.
Just another reason, the DEA is corrupt, now if this was a super addictive opioid well well it would get breakthrough status
Cancer? Medicine? The DEA considers cannabis to be the "gateway drug" to opioids. Keeping it schedule 1 is in their best interest. They don't care about anything else.
Yea there's a weed pac trying to goad 🥭 into rescheduling it by making fun of Biden. They've been active since at least last month. DEA has not been playing ball at all and has fought the legal process every step of the way. I just don't see this doing anything but dying for a few years. No one in the admin wants to fight to legalize it and the DOJ and DEA are fighting to stop it
I’m hoping it will this year news says they’re just waiting on the DEA admin to make moves but he’s a hard nose anti pot guy but fetterman and gaetz are apparently working on it with fetterman hosting a petition and some company’s planning on running ads on tv for trump to see
Real shit, but at the same time, he isn't wrong. Not paying 280E in hopes that S3 is finally in, is just dumb and can blow up on the MSOs faces if the DEA decides to kill it. And assuming that it miraculously gets fully implemented this year, without that horrible bill that wants the MJ businesses to still pay the tax after S3, who's to say that the IRS will just waive away their taxes owned from 2023 and 2024? The IRS will always gets it's due.
The DEA or HHS fella he put in charge that would steer the ship for a reclassification has already made several public statements that were critical of cannabis. I'd give it an emphatic "no".
China is by far the largest source of illegal fentanyl being smuggled into the US, in case you weren't aware. https://www.dea.gov/sites/default/files/2020-03/DEA_GOV_DIR-008-20%20Fentanyl%20Flow%20in%20the%20United%20States_0.pdf
*puts tinfoil hat on* If anything, he will direct the DEA to begin enforcement actions in blue states that have decriminalized it. Doing so would devastate the economies of places like California, Washington, Oregon, and Colorado. While I'm hopeful that it would never come to that, we are in uncharted territory, so anything could happen at this point, and I would not be surprised.
Yes, but not until at least next year. New DEA head needs to be confirmed for the process to resume. Check out Admindotlaw on Twitter for updates
What are you talking about? Do you just make things up? Your own government officials elected by Joe Biden recommended schedule 3, NOT descheduling, and then Joe Biden's direct DEA appointee Anne Milgram, was clearly trying to delay rescheduling and would not sign the order. Everything I just said had nothing to do with Republicans. So what are you talking about?
Got a new chief of police here in Dallas…an ex-DEA agent. Puts on weed shops.
Anyone see a MM article that was removed or deleted? I saw a friend post an update from DEA on MM article, but it’s not showing on their landing page anymore?? Seeing some green on Stonks GTI Ascend
What shenanigans will the DEA do today ?
Pretty sure Musk fired the DEA and NSA. You're good bro.
I was doing math today and realzied that the most likely way to turn $200k into a million is by meth. JK, DEA and NSA.