Legal & Regulatory - The report indicates Wiz Khalifa was sentenced to nine months in jail in Romania [1] - The sentencing was due to smoking cannabis on stage [1]

Legal & Regulatory Landscape - The order does not legalize marijuana in any form and does not sanction its recreational use [1] - The federal government recognizes the legitimacy of marijuana for medical applications under careful administration [1] - Reclassification aims to facilitate marijuana-related medical research to study benefits, dangers, and treatments [1]

I want to emphasize that the order I am about to sign is uh not the legalization or it doesn't legalize marijuana in any way, shape or form and in no way sanctions its use as a recreational drug. Has nothing to do with it. At the same time, the facts compel the federal government to recognize that marijuana can be uh legitimate in terms of medical applications when carefully administered.In some cases, this may include the use as a substitute for addictive and potentially lethal opioid painkillers, and they ...

Policy Change - The report indicates a potential shift in drug policy with Trump expected to expand access to cannabis [1] Industry Impact - The cannabis industry may experience growth due to increased access [1]

President Trump tonight on the verge of signing an executive order that would change the future of cannabis in the United States. Four sources tell NBC News the EO would fasttrack the rescheduling of marijuana, moving it into a category with lower risk drugs. >> A lot of people want to see it, the reclassification, because it leads to tremendous amounts of research that can't be done unless you reclassify.Since 1970, the drug has been listed as a schedule one substance in the same category as heroin and LSD ...

Market Trends - The cannabis craze is partly driven by seniors who started using cannabis over 15 years ago [1] - Analysis indicates that over 50% of current senior cannabis users began using it more than 15 years ago [1]

Market Trend & Regulatory Landscape - Cannabis stocks are soaring on reports of potential marijuana reclassification by the president [1] - The president is considering reclassifying marijuana from Schedule I (on par with heroin) to Schedule III (similar to Tylenol with codeine) [2] - An executive order advising the DOJ and DEA to move forward with reclassification could be issued as soon as Monday [2] - The DOJ and DEA will publish a final rule, followed by a 30-day waiting period for challenges, after the executive order [4] - Opposition exists, as evidenced by the recent hemp ban in the government spending bill, which could lead to litigation and further delays [4] - Reclassification is not legalization, but a partial victory that opens the door to medical research [5][6] Industry Insights & Company Strategy - Tilray's CEO is optimistic about change by the end of the year, despite past false starts [3] - The industry hopes for broader federal legalization to open up recreational use products [8] - Amplifying medical use is a key avenue, with potential support from figures like Secretary RFK Jr [7][8] - Reclassification has major implications for health regulators, retailers, investors, and banks [5]

Policy Change - US administration is expected to reclassify marijuana as a less dangerous drug [1] - This could be one of the biggest shifts in US policy toward cannabis in decades [1] Market Reaction - Shares of pot stocks surged premarket [1]

Industry Focus - The cannabis industry is a key area of interest, given Anutin Charnvirakul's background as a cannabis champion [1] Leadership & Politics - Anutin Charnvirakul's ability to lead Thailand out of crisis is questioned [1] - The stability of Anutin Charnvirakul's coalition is uncertain [1]

Law Enforcement - A man was arrested in County Wexford after €1.6 million of cannabis was seized [1]