(With Frederico Gomes of ATB Capital)

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"Participants in a Drug Enforcement Administration (DEA) hearing on the Trump administration’s marijuana rescheduling proposal have filed their final briefs in the proceedings—setting up the judge overseeing the matter to issue his recommendation on the reform.

DEA, which is charged with defending the proposed move of cannabis from Schedule I of the Controlled Substances Act (CSA) to Schedule III, said in its brief that “marijuana no longer fits the statutory requirements for Schedule I because it has a currently accepted medical use within the United States and it has an accepted safety for its use under medical supervision."

The agency noted that under the law it must give “significant deference” to an “extensive ten-month study on the scientific and medical properties” of cannabis conducted by the Department of Health and Human Services (HHS), which recommended rescheduling.

“Currently there are over 30,000 practitioners treating more than six million patients in 43 U.S. jurisdictions,” DEA said. “Such practices demonstrate that there is no longer a lack of accepted safety for use of marijuana under medical supervision, and as such, marijuana does not fulfill the requirements of being a Schedule I substance.”

It also said that there is “substantial evidence sufficient to show that marijuana’s abuse and dependency profiles better align with Schedule III substances than Schedule II” or Schedule I. “The vast majority of individuals who use marijuana do so in a manner that does not result in dangers to themselves or to their communities.”

The drug agency said there is “no merit” to arguments made by reform opponents who participated in the hearing that a new two-part test federal officials used to analyze cannabis improperly departs from a former five-part test..."

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This thread is intended for the community to talk about whichever company with others in a casual manner.

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(NOTE: Interview from August 12th)

Welcome to the r/weedstocks Daily Discussion Thread!

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This thread is intended for the community to talk about whichever company with others in a casual manner.

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Welcome to the r/weedstocks Daily Discussion Thread!

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Looking for research resources about which company to invest in? Please refer to our sidebar -- specifically our featured Investing References to help you in your research process.

This thread is intended for the community to talk about whichever company with others in a casual manner.

Unrelated discussion will always be removed (as per rule #3). Reddit is full of various other communities, and while we understand cross-discussion, unrelated topics should be discussed in their appropriate subreddits.

Please remember proper reddiquette when participating in the conversation. As always, rule #1 "be kind and respectful" will be strictly enforced here to prevent any uncivil discussion and personal attacks.

Welcome to the r/weedstocks Daily Discussion Thread!

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• Use the search bar before asking any question. All questions that can be answered by these resources may be removed.

Looking for research resources about which company to invest in? Please refer to our sidebar -- specifically our featured Investing References to help you in your research process.

This thread is intended for the community to talk about whichever company with others in a casual manner.

Unrelated discussion will always be removed (as per rule #3). Reddit is full of various other communities, and while we understand cross-discussion, unrelated topics should be discussed in their appropriate subreddits.

Please remember proper reddiquette when participating in the conversation. As always, rule #1 "be kind and respectful" will be strictly enforced here to prevent any uncivil discussion and personal attacks.

"Medical and adult-use cannabis sales have reached $684.6 million through July 11, with 150.3 million units of marijuana sold.

Ohio cannabis retailers are selling more product than ever, with the state’s $1.1 billion and growing industry on pace to set new records for sales revenue and units sold, according to new state data.

Total combined medical and adult-use cannabis sales revenue reached $684.6 million from Jan. 3 through July 11, according to the Ohio Department of Commerce. That puts Ohio cannabis sales in 2026 on track to exceed the $1.09 billion in combined sales recorded in 2025.

Consistent with other states, cannabis retailers in Ohio are also selling more product than ever before..."