Cannabis companies' stocks have rallied recently on renewed optimism that the DEA may reschedule marijuana to a Schedule III substance. Last week, FDA Commissioner Robert Califf told a House committee that there is "no reason" for the DEA to delay the rescheduling of marijuana from Schedule 1 to Schedule 3 of the Controlled Substances Act. He also suggested medical and recreational marijuana could have separate regulations.
Former U.S. Sen. Cory Gardner tells the Benzinga Cannabis Capital Conference in Florida that several ranking congress members are intending to attach the SAFER Banking Act to the must-pass FAA reauthorization.
'Florida has a million medical card holders, 23 million people living in the state, 130 million visitors a year — it's going to be huge,' says AYR Wellness CEO David Goubert.
IGC Pharma shares encouraging interim data from Phase 2 trial of IGC-AD1 for Alzheimer's agitation. Results suggest significant reduction in agitation with minimal side effects compared to placebo.
A vertically-integrated cannabis company 4Front Ventures Corp. (CSE:FFNT) (OTCQX:FFNTF) reported its financial results for the fourth quarter and full year…