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DOJ weighs cannabis economic impact of rescheduling (Newsletter: May 21, 2024)

Dem senator’s SAFE Banking concerns; FL & LA legalization developments; Fed lawsuit hearing; DE & OH marijuana licenses; Study: Cannabis & exercise

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/ TOP THINGS TO KNOW

The Department of Justice is seeking input on the “unique economic impacts” of its marijuana rescheduling proposal for the “multibillion dollar” cannabis industry—including the tax relief that Schedule III will bring when the 280E provision no longer applies.

A judge granted marijuana businesses’ request that a Wednesday hearing in a lawsuit seeking to block federal enforcement against their in-state activities be available to the public via remote access.

Sen. Raphael Warnock (D-GA)—who was the only Democrat to vote against a marijuana banking bill in committee—said he supports the reform but has continued

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