CFIG Cannabis Clips Week of Friday, May 29

Cannabis News of Note:

Cannabis Law 360: Cannabis Policy Shift May Reshape Banking, Insolvency Risks (paywalled)

Cannabis Business Times: SAFE Banking Act Nowhere to Be Found in Wake of Schedule III Cannabis Order

Marijuana Moment: Lawmakers Push IRS To Issue ‘Prompt’ Tax Guidance For Marijuana Businesses Now That Rescheduling Is Happening

Cannabis Business Times: Curaleaf Announces 1-for-3 Reverse Stock Split in Preparation for US Stock Exchange Uplisting

Marijuana Moment: State Attorneys General File Lawsuit To Block Trump Administration’s Marijuana Rescheduling Move

Cannabis Business Times: ATACH Assembles Legal Team to Defend Schedule III, Defeat Prohibitionist Opponents

Marijuana Moment: GOP Lawmakers File Amendments To Prevent Federal Recriminalization Of Hemp THC Products This Year

Marijuana Moment: Congress Is Unlikely To Prevent A New Federal Ban On Hemp THC Products This Year, Top Marijuana Reform Group Says

Marijuana Moment: It’ll Be An ‘Uphill Path’ To Stop A Federal Ban On Hemp THC Products This Year, Ted Cruz Says

MJ Biz Daily: New York promises cannabis operators help to pay for track-and-trace

Marijuana Moment: Virginia Lawmakers Weigh Putting Marijuana Sales Legalization Into Budget Bill Next Month To Force Governor’s Hand Following Veto

MMJ Daily: Safe Harbor Financial expands Board of Directors with Tyler Klimas and Sean Tonner

 

Cannabis Reports of Note:

CRB Monitor: CRB Monitor 2026 Transparency Scorecard

Green Check: Federal Rescheduling Overview and Operator Checklist: Preparing for Industry Change

The ‘Vast Majority Of Americans’ Support Marijuana Legalization, New Pew Poll Shows

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Cannabis Law 360: Cannabis Policy Shift May Reshape Banking, Insolvency Risks

The Trump administration’s cannabis rescheduling initiative aims to correct classification that had rendered federal banking, tax administration and insolvency law incoherent, and will begin to restore some alignment between federal law and the economic reality of the marijuana industry, says Richard Ormond at Buchalter.

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