The Rush - March 21, 2024

March 21, 2024

March 21, 2024

Vice President Criticizes Federal Cannabis Restrictions During White House Weed Event

FROM POLITICO - ARTICLE SUMMARY: Vice President Kamala Harris recently described the current federal categorization of cannabis as, “absurd.” The Vice President’s criticism of cannabis remaining a Schedule I substance comes in anticipation of the Drug Enforcement Agency (DEA) releasing its final recommendation as to whether-or-not to recategorize cannabis to a less restrictive schedule under the Controlled Substances Act.

Stocks Slide As Fears about DEA Dissent Boil Over

FROM MG - ARTICLE SUMMARY: The article discusses a recent decline in cannabis stocks, attributed to concerns about dissent within the Drug Enforcement Administration (DEA) regarding the agency's approach to cannabis. This dissent reportedly arises from a perceived lack of enforcement against illicit cannabis operations, leading to fears of increased competition for legal cannabis businesses. The article also highlights the impact of these concerns on investor confidence and the broader cannabis market.

FROM MJBIZDAILY - ARTICLE SUMMARY: THCA (tetrahydrocannabinolic acid) is a compound found in cannabis that arguably adheres to the legal definition of hemp. THCA is the acidic precursor to THC (tetrahydrocannabinol) and does not produce psychoactive effects until it is decarboxylated (heated). The legal definition of hemp in the United States, according to the 2018 Farm Bill, is cannabis with a THC content of 0.3% or lower on a dry weight basis. However, the status of THCA in relation to this definition is not entirely clear. Some argue that THCA should not be counted towards the total THC content because it is not psychoactive until heated, while others believe that THCA should be included in the total THC calculation.

LIFESTYLE & CULTURE

Vintage Cannabis-Explained: In today’s California cannabis market, most dispensaries have a three-month shelf-life limit for flowers. That is three months from the packing date—not from harvest. The reason given is that customers don’t buy “out-of-date” weed… READ MORE @CANNABISNOW

Study-Patients With Post-Traumatic Stress And Depression Report Improvements Following Cannabis Therapy: London, United Kingdom: Patients diagnosed with post-traumatic stress and comorbid depression respond favorably to the use of medical cannabis preparations, according to data published in the journal BMJ Psych Open… READ MORE @NORML

Denver 420 Fest-See Gucci Mane, Afroman, Big Boss Vette for Free: The Mile High 420 Fest returns to light up downtown Denver this year with a mix of legendary rap stars, viral sensations, and the latest names in hip-hop. The beloved event, coming to Civic Center park on Saturday, April 20, announced its lineup Friday and it’s bound to satisfy several generations of weed smokers as they celebrate the high holiday… READ MORE @THEDENVERPOST

The Rush - Originally composed and curated content to help you stay up-to-date with the latest cannabis industry trends. We cut through the noise so you can focus on the news that matters the most.

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