The rescheduling hearings, week one – Newsletter 7/3/26
Gold DEA Drug Enforcement Administration Sign on Office Wall. 3D Render
The historic rescheduling hearings got off to a wild start this week. And while they’re not being livestreamed, we’ve got an exclusive dispatch by drug historian Emily Dufton. Read it, then enjoy your holiday weekend. 🎆🎇Alex
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FROM WEEDWEEK
Rescheduling hearings week one: The doctor and the DEA
The DEA’s historic rescheduling hearings kicked off this week with the enforcement agency in the unusual position of defending REC rescheduling. WeedWeek has a dispatch from drug historian Emily Dufton.
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SCOOP: Operator sues Calif. regulator for $500M over ‘burner distros’
A California operator sued the California Department of Cannabis Control (DCC) for $500M alleging the agency has allowed “an unchecked illicit market to flourish through diversion schemes commonly known as “burner distributors.”
Also in WeedWeek:
- Newsbrief: Calif. Cannabis Awards announced
- Newsbrief: State pot tax growth slows
- Newsbrief: Virginia REC sales set for July 2027
QUICK HITS
Federal:
- Cannabis Business Times has a dispatch from the rescheduling hearings. And here’s one from Cultivated.
Business:
- Longtime cannabiz scribe Will Yakowicz profiled California-based Glass House Farms in Forbes. It wants to become the ‘Sunkist’ of weed. The company started trading on the New York Stock Exchange, the industry’s second ‘uplisting.’
Ganjapreneur - Yakowicz also profiled Ayrloom, the best-selling brand in New York.
Forbes - Stiiizy reached a $2.9M settlement for a class action lawsuit over a data breach.
State and local:
- An Ohio entrepreneur was indicted for securities fraud.
Crain’s Cleveland Business - Colorado equity operator and University of Colorado regent Wanda James lost her bid to represent Boulder in Congress.
NY Times - Minnesota city Osseo put plans for a city owned dispensary on hold. There’s already one in Anoka.
MJBiz - They’re still selling hemp drinks in Texas.
Austin American-Statesman - A MED ballot initiative in Idaho has hit choppy waters.
Idaho Capital Sun - Nebraska’s MED laws face pushback as well.
Nebraska Public Media - Georgia expanded its MED program.
WSB-TV - Yes! Weekly endorses legalization in North Carolina.
Fun and interesting:
- In High Times, the $12,000 doink?
CALIFORNIA HITS
Business:
- Cookies impresario Berner says he’s going to open a SF shop fully curated by him.
@traptalk_magazine
Local:
- Here’s how several NorCal governments, Imperial (Imperial Co.), Nevada County and Cathedral City (Riverside Co.) plan to spend state millions aiming to address issues associated with legalization.
Press-Democrat, Imperial Valley Press, Fox40 - There were multiple arrests in Porterville (Tulare Co.) over an unlicensed delivery scam.
Fox26