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SAFE Banking Act Headcount Challenge: Can It Reach 60 Votes in the Senate? Analyst Tally

Zuanic & Associates' latest report outlines a roadmap for the SAFE Banking Act in the US cannabis industry, emphasizing the significance of rescheduling, US exchange uplisting, and a potential "Cole Memo II" (Ga ....

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U.S. Cannabis Recap: Reviewing The Space Ahead Of A Fresh Five-Session Set - AdvisorShares Trust AdvisorShares Pure US Cannabis ETF (ARCA:MSOS)

For the better part of August, the U.S. cannabis journey remained the same: anemic volume ($15-$20M notional per session) and sentiment, for those who still cared or were still interested at all in U.S cannabis, was on life support. The week before last, not one but two U.S cannabis-focused funds unwound positions, adding additional pressure as the buyers continued to strike. ....

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Wake-Up America: Why This Cannabis News Is A Game Changer - AdvisorShares Trust AdvisorShares Pure US Cannabis ETF (ARCA:MSOS)

Cannabis stocks rallied for the second straight session on Thursday after a letter was reportedly leaked to Bloomberg on Wednesday that The U.S Department of Health and Human Services (HHS) recommended the Drug Enforcement Administration (DEA) reclassify cannabis from Schedule I to Schedule III under federal law. That was some leak. ....

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In Schutte Opinion SCOTUS Rejects Defense-Friendly Scienter Standard

Schutte can be taken to suggest that potential FCA defendants may want to proactively seek agency clarification where rules or guidance are unclear. As Schutte acknowledges, a finding of scienter under the FCA only requires that the defendant have reckless disregard for the truth or falsity of their claims. ....

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SCOTUS Rejects Defense-Friendly Scienter Standard In Schutte Opinion | Polsinelli

On June 1, 2023, the Supreme Court of the United States (SCOTUS) issued its much-anticipated opinion in United States ex rel. Schutte v. SuperValu Inc. and United States ex rel. Proctor. ....

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