Cannabis industry participants are keeping close tabs on a potential breakthrough in the Virginia recreational cannabis market. Virginia legalized adult-use recreational cannabis in 2021, but legislation that would have allowed sales of recreational cannabis died the...
Key Points The scientific review supporting HHS’s recommendation to DEA that cannabis be reclassified from a Schedule I to a Schedule III drug was published on January 12, 2024. Classifying cannabis as a Schedule III substance would have significant implications for...
By Brittany Adikes & Heidi Urness on February 21, 2024 As an increasing number of states across the U.S. are becoming marijuana-friendly, many states are simultaneously attempting to enact more restrictive laws with respect to hemp-derived cannabinoids....
In the cannabis industry, business owners must stay informed about the products they deal with and their financial implications. Two cannabinoids that have been the subject of much discussion are Delta-8 and Delta-9 tetrahydrocannabinol (THC). While they may share...
15 February 2024 by Osborne Clarke Osborne Clarke Debate and controversy around cannabis and its derivatives are nothing new, with a wide array of legal frameworks and restrictions on its use in place around the world. In Europe, moves to change the legal status of...
For many, the most exciting prospect in the cannabis industry for 2024 is the possibility of rescheduling cannabis from a Schedule I controlled substance to Schedule III under the Controlled Substances Act (as amended and in effect, the “CSA”). Rescheduling would be a...