Adrian Snead • 1st
Partner @ Porter Wright Morris & Arthur...
1h • O Big #cannabis announcement is coming from the White
House this week. A highly placed Administration source confirmed that there will be a big announcement regarding cannabis
likely this week. I suspect it will be a rescheduling decision from DEA, but
it could also be something more drastic. Last week, senators Warren (D-MA), Fetterman (D-PA), Schumer (D-NY), Booker (D-N.J.), Jeff Merkley (D-Ore.), Bernie Sanders (I-Vt.), Kirsten Gillibrand (D-N.Y.), Ron Wyden (D-Ore.), John Hickenlooper (D-Colo.), Peter Welch (D-Vt.), Chris Van Hollen (D-Md.), and Alex Padilla (D-Calif.) urged President Biden to swiftly deschedule
marijuana. We will see what the White House and Admin ultimately
decide, likely sooner than later.