Month: May 2024 (Page 6)

Marijuana Reclassification Impacts Bank Servicing of Businesses Image Cannabis News May 29, 2024 DOJ’s Marijuana Rescheduling Proposal Leaves Key Issues Unresolved for Financial Institutions. The Department of Justice’s move to reclassify marijuana as a less dangerous drug, on which it began formal proceedings on May 16, won’t legalize state-level adultContinue Reading

New industry-backed research into the potential anti-anxiety effects of cannabidiol found that an oral CBD solution effectively treated mild to moderate anxiety, as well as associated depression and poor sleep quality, with no serious adverse events observed. “Our findings indicate that administering 300-600 mg of nanodispersible CBD oral solution forContinue Reading

U.S. Drug Policy Director Discusses Impact of Cannabis Rescheduling Image Cannabis News May 29, 2024 Federal Cannabis Rescheduling: Progress Amid Misconceptions. Dr. Rahul Gupta comments on the promising progress so far, as well as a misleading statement that rescheduling would have an impact on racial disparities. The Office of NationalContinue Reading

South Africa’s president has signed a bill to legalize marijuana possession and cultivation by adults. President Cyril Ramaphosa gave his approval to the Cannabis for Private Purposes Act (CfPPA) on Tuesday, just one day ahead of national elections. The National Assembly had passed the legislation last November, and the NationalContinue Reading