The U.S. Senate Appropriations Committee has raised concerns over marijuana’s status as a Schedule 1 drug amid efforts to remove the plant from the government’s list of controlled substances. “The Committee is concerned that restrictions associated with Schedule 1 of the Controlled Substance Act effectively limit the amount and type of research that can be […]
Three Chicago entrepreneurs announced the creation of the Prairie Wellness Fund, Ltd., a private debt fund that will provide financing and liquidity to applicants for the newly created medical marijuana licenses that were established by Illinois law last year. The state plans to license 21 cultivation centers and each will have to put up a […]
House Republicans on Wednesday blocked funding for a new D.C. law that would eliminate the threat of jail time for pot possession, leaving the fate of one of the country’s most liberal decriminalization efforts unclear. The D.C. law, which is to take effect next month, makes possession in the nation’s capital punishable by a fine […]