A sweeping new round of tariffs announced by President Donald Trump on Wednesday is set to rattle the U.S. cannabis market, with industry leaders warning of rising costs, supply chain disruptions, and an increased risk of consumers turning back to the illicit market.The tariffs target a broad range of imports from countries including China, Canada, Mexico, and the European … [Read more...] about Trump’s New Tariffs Put Pressure on U.S. Cannabis Industry, Fueling Price Hikes and Market Uncertainty
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Could Cannabis Reform Be Trump’s Next Big Deal? Pro-Marijuana Group Thinks So
By now, you’ve probably heard it a thousand times: cannabis reform is a political hot potato. And who better to throw it into the fire than a pro-marijuana group that’s taken its message straight to Donald Trump’s front door? Literally.A new ad campaign, cleverly targeting the White House and Mar-a-Lago, is hoping to change the mind of the president. The message? “Hey, Mr. … [Read more...] about Could Cannabis Reform Be Trump’s Next Big Deal? Pro-Marijuana Group Thinks So
Trump White House Says Marijuana Decriminalization ‘Opened The Door To Disorder’ In Washington, D.C.
President Donald Trump’s White House says the move to decriminalize marijuana in Washington, D.C. is an example of a “failed” policy that “opened the door to disorder.” In a fact sheet about an executive order that Trump signed on Friday—which is broadly aimed at beautifying the District and making it more safe—the White House listed several local policies in the nation’s … [Read more...] about Trump White House Says Marijuana Decriminalization ‘Opened The Door To Disorder’ In Washington, D.C.
Will marijuana rescheduling happen under Trump? Industry’s doubts grow
President Donald Trump’s choices over his first 50 days in office, including appointments to lead the federal drug and health agencies, are sowing serious doubts that marijuana’s status under federal law will change anytime soon. That’s the gloomy vibe lurking outside the U.S. Capitol and seeping into C-suites as the marijuana rescheduling process – begun in October 2022 by … [Read more...] about Will marijuana rescheduling happen under Trump? Industry’s doubts grow
Will It (Puff, Puff) Pass? Cannabis Reform Under the Trump Administration
The Trump administration’s approach to cannabis reform will significantly impact the industry. As the proposed rulemaking to reschedule cannabis unfolds and nominees to critical agencies are confirmed, it is crucial for stakeholders to stay informed about these pivotal changes. This article provides an in-depth analysis of the implications of these developments. On May 21, … [Read more...] about Will It (Puff, Puff) Pass? Cannabis Reform Under the Trump Administration
Altria: Trump’s Cannabis Pivot May Trigger An Investor Gold Rush
Altria comprises over 20% of my dividend stock portfolio, and I am optimistic about its potential, even without cannabis reform. I believe Trump may enact federal cannabis reform due to political pragmatism and growing public support, especially among younger Republicans. Cannabis reform aligns with states' rights, appealing to conservatives, moderates, and libertarians, … [Read more...] about Altria: Trump’s Cannabis Pivot May Trigger An Investor Gold Rush
Trump White House Invites Proposal On Federal Marijuana Legalization, Activist Says
A longtime drug policy reform advocate says he spoke with a White House staffer at an event last week and was invited to submit a proposal outlining why President Donald Trump should back federal marijuana legalization. At Americans for Tax Reform’s (ATR) weekly “Wednesday Meeting” of conservative activists hosted by Grover Norquist last week, Citizens Against Prohibition (COP) … [Read more...] about Trump White House Invites Proposal On Federal Marijuana Legalization, Activist Says
Trump May Lose Interest In Legal Marijuana During ‘Disorderly Situation,’ Conservative Cabinet, Says Analyst; Could Musk Come To The Rescue?
The White House has largely sidelined the issue of marijuana legalization, despite its widespread popularity. Amid a flurry of executive orders, foreign policy shifts and political spectacles, the Trump administration seems to have neglected what was once a clear trajectory toward reform. "Unsurprisingly, much has been lost in the shuffle, including one salient, hugely popular … [Read more...] about Trump May Lose Interest In Legal Marijuana During ‘Disorderly Situation,’ Conservative Cabinet, Says Analyst; Could Musk Come To The Rescue?
Trump’s DEA Pick
The Trump administration appointed Derek S. Maltz as the acting administrator of the U.S. Drug Enforcement Administration (DEA). A 28-year veteran of the agency, Maltz is known for his hardline stance on cannabis and drug policy. Maltz has criticized cannabis legalization, citing its alleged links to public safety concerns, and accused the Department of Justice of politicizing … [Read more...] about Trump’s DEA Pick
Nation’s marijuana industry high on Trump promise to lift federal cannabis restrictions
WASHINGTON — The nation’s marijuana industry is optimistic that President-elect Donald Trump will take steps to legalize pot on the national level, but some who hope to develop the industry in Minnesota say that could severely hamper their efforts. Why? Because the state’s nascent marijuana industry would have to compete for market share with growers in more established states … [Read more...] about Nation’s marijuana industry high on Trump promise to lift federal cannabis restrictions