Pot Inc. is waiting to cash in on Trump’s marijuana reclassification — but the DOJ is still dragging its feet

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The US government is finally inching closer to loosening its strict regulations over marijuana, but whether that will be enough to take pot mainstream like booze and tobacco remains a hazy question.  The Justice Department is putting final touches on President Trump’s Dec. 18 executive order moving weed out of the “Schedule 1” classification for hard […]


How donors, access and polls led Trump to reclassify marijuana

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President Donald Trump’s move Thursday to sign an executive order easing federal restrictions on marijuana — and clearing the way for a Medicare pilot program covering CBD — caps a coordinated, yearlong push by the cannabis industry that combined traditional lobbying, sizable political donations, data-driven messaging and direct outreach to the president’s inner circle, industry […]


Trump just legalized marijuana nationwide — here’s why potheads are rejoicing

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Put this in your pipe and smoke it: Donald Trump just legalized marijuana across the US.  As On The Money has been reporting since April, our famously drug-and-drink-averse president has been inching ever closer to making marijuana significantly less criminal in the eyes of the federal government.  On Thursday, it finally happened. He signed an […]


Inside the $32 Billion Industry Transforming Marijuana

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An email obtained by The Times shows that one committee leader, Representative Sharon Wylie, a supporter of the industry, shared a draft of the bill with a cannabis lobbyist. “Thank you for being open to the compromise approach,” she wrote. In an interview, Ms. Wylie said that “the jury’s still out” on the potential harms […]