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Operator: Good afternoon, everyone, and welcome to TILT Holdings Fourth Quarter and Full Year 2023 Conference Call and Webcast. Today s call will be recorded for replay purposes. ....
U.S. cannabis stocks pulled back after The Wall Street Journal reported over the weekend that some federal officials have concerns about loosening restrictions on marijuana.
In addition to reportedly doubting the scientific evidence presented by HHS, the DEA also expressed concern about the increasing potency of THC, the psychoactive compound in cannabis. Marijuana advocates and stakeholders question the motivations behind these anonymous claims, as the DEA itself has not publicly opposed the recommendation. The agency is conducting its own review, with Administrator Anne Milgram promising to consider all available research. ....