As Congress considers the future of the American hemp industry in debates over the next Farm Bill, I’m reminded of these wise words that apply to almost any circumstance where you find yourself vulnerable and similarly...more
What. Are. We. Doing. Here?
The latest from Capitol Hill is a doozy:
A congressional committee has approved a spending bill that contains provisions to block the Justice Department from rescheduling marijuana. The...more
7/22/2025
/ Congressional Committees ,
Controlled Substances Act ,
DEA ,
Department of Justice (DOJ) ,
Federal Budget ,
Legislative Agendas ,
Marijuana ,
Medical Marijuana ,
Political Campaigns ,
Proposed Legislation ,
Trump Administration
Hemp advocates are surely still nursing sore throats (and the effects of whatever else they used to celebrate) after singing “God Blessed Texas” this past weekend. Moments before a bill that would essentially ban all...more
These are remarkable times in what has been a remarkable, albeit relative to other industries, remarkably short life cycle for the cannabis industry....more
6/25/2025
/ Agribusiness ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Farm Bill ,
Hemp ,
Marijuana ,
New Legislation ,
New Regulations ,
Proposed Legislation ,
Regulatory Agencies ,
Regulatory Reform
As expected by many, Gov. Gavin Newsom’s administration proposed a permanent ban on many of the hemp products available in the state, as reported in SFGate (emphasis added):
The California Department of Public Health...more
Drugs are bad, m’kay. But what if they’re not? Psilocybin continues to be in the limelight for its potential medicinal uses, including most particularly its potential to combat the nation’s growing mental health crisis. Last...more
Earlier this month, President Trump tapped “physician-turned wellness influencer” Casey Means as his nominee for surgeon general. Means has close ties to Health and Human Services Secretary Robert F. Kennedy Jr., and Trump...more
5/21/2025
/ Cannabis Products ,
Department of Health and Human Services (HHS) ,
Health Care Providers ,
Healthcare ,
Healthcare Reform ,
Legislative Agendas ,
Marijuana ,
Physicians ,
Proposed Legislation ,
Public Health ,
Trump Administration
“Compromise” sometimes gets a bad rap. And history teaches us that there can be bad compromises. But as your resident glass-is-half-full contributor who has also been closely following debate over access to consumable hemp...more
5/9/2025
/ Alabama ,
Cannabis Products ,
Government Agencies ,
Hemp ,
Legislative Agendas ,
Licensing Rules ,
Marijuana ,
New Legislation ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Requirements ,
State Legislatures
As the hallowed cannabis holiday for stoners-turned-business-entrepreneurs falls upon us, we find ourselves in the shifting sands of change in the cannabis industry as usual. Not surprisingly, many states have seen...more
4/20/2025
/ Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Decriminalization of Marijuana ,
Dispensaries ,
Government Agencies ,
Hemp ,
Hemp Related Businesses ,
Legalization ,
Marijuana ,
Marijuana Related Businesses ,
Medical Marijuana ,
New Legislation ,
Political Campaigns ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Reform ,
Regulatory Requirements ,
State and Local Government ,
State Legislatures
There’s a great scene in the movie Wall Street when the up-and-coming Charlie Sheen (pre-Tiger Blood and now that I think about it maybe the precursor to the “winning!” mantra that seems to resonate today) is playing the role...more
4/1/2025
/ Alabama ,
Appellate Courts ,
Government Agencies ,
Judicial Proceedings ,
Legislative Agendas ,
Licensing Rules ,
Marijuana ,
Medical Marijuana ,
New Legislation ,
Proposed Legislation ,
Regulatory Requirements ,
State and Local Government
I’ve had Georgia on my mind these days. I needed to get that out immediately because otherwise I would have been hearing that song in my head the entire time I was writing.
As is the case in many capitals around the...more
3/12/2025
/ Cannabis Products ,
Georgia ,
Hemp ,
Legislative Agendas ,
Marijuana ,
Marijuana Related Businesses ,
Medical Marijuana ,
New Legislation ,
Proposed Legislation ,
Regulatory Reform ,
State and Local Government ,
State Legislatures
Well, it’s officially crazy season. An annual tradition in the Alabama statehouse since the inception of Alabama’s medical cannabis program, last week we saw a flurry of cannabis-related bills introduced with great fanfare...more
To paraphrase the legendary Dave Chapelle, in the midst of impersonating Rick James, “cannabis is a hell of a drug.” Thankfully I don’t mean that in the same sense as Mr. Chapelle/James did. I mean that marijuana and its...more
Advocates and stakeholders in the medical cannabis world of Alabama are desperate. And as it is so often when we are faced with a desperate situation, we make well-intentioned but ultimately flawed decisions....more
2/12/2025
/ Administrative Procedure Act ,
Alabama ,
Cannabis Products ,
Licenses ,
Marijuana ,
Medical Marijuana ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Reform ,
State and Local Government ,
State Legislatures
Anyone who thought that the momentum towards federal liberalization of marijuana would be a straight line found themselves with a cold dash of water to the face. Late last week Republican senators filed a bill, entitled the...more
2/11/2025
/ Cannabis-Related Businesses (CRBs) ,
Internal Revenue Code (IRC) ,
IRS ,
Legislative Agendas ,
Marijuana ,
Marijuana Related Businesses ,
New Legislation ,
Proposed Legislation ,
Tax Credits ,
Tax Deductions ,
Tax Liability ,
Tax Reform
If you know either of us, you know neither of us would pass up a chance to say, “I told you so.” As we looked ahead to 2024 in January, we speculated that psychedelics could be legalized as a prescription medicine. Now, not...more
We’ve been tossing this idea around in our heads ever since research about microdosing psychedelics entered the mainstream media a few years ago. And the more we think about it, the more we think Congress may allow patient...more
There is a moment in the movie Wall Street, just before a fresh-faced Charlie Sheen as Bud Fox interviews for a coveted position with a peak-of-his-fame Michael Douglas playing the iconic Gordon Gecko, where Sheen looks in...more
Texas is increasingly a purple political state. The motto of the state's capital city implores its citizens to keep it weird. Recent polling shows that Texans overwhelmingly support medical cannabis. Every one of Texas'...more
Ah, South Carolina. Its siren song has tempted cannabis advocates for years with its diversity – political, geographic, geologic, and otherwise. But to date, nada.
That may change soon, as the South Carolina Compassionate...more
We have long suspected that North Carolina may be the next great cannabis market. In describing North Carolina as “the sleeping giant of the South,” we wrote recently:
From Murphy to Manteo, North Carolina is a state that...more
1/26/2023
/ Cannabis Products ,
Dispensaries ,
Legislative Agendas ,
Licenses ,
Marijuana ,
Medical Marijuana ,
New Legislation ,
North Carolina ,
Patients ,
Proposed Legislation ,
State and Local Government ,
Suppliers
I’m not proud of it, but I’m the resident cynic amongst the editorial staff here at Budding Trends when it comes to federal marijuana reform. And after all, someone has to temper the frivolous whims of others. But we’re...more
1/5/2023
/ Banking Reform ,
Banking Sector ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Decriminalization of Marijuana ,
Farm Bill ,
Hemp ,
Hemp Related Businesses ,
Legalization ,
Marijuana ,
Marijuana Related Businesses ,
New Legislation ,
Popular ,
Proposed Legislation ,
SAFE Act
Lost for many in the avalanche of news about the midterms, voters in five states went to the polls last month to vote on proposals allowing adult-use (often referred to as “recreational”) cannabis....more
I don’t think the great Mark Knopfler of Dire Straits was talking about Congress when he wrote “that’s the way you do it, money for nothing,” but the recent midterm elections reminded me of that cynical refrain.
A few...more
11/28/2022
/ Biden Administration ,
Cannabis-Related Businesses (CRBs) ,
Federal Elections ,
Lame Duck Session ,
Legislative Agendas ,
Marijuana ,
Marijuana Related Businesses ,
New Legislation ,
Popular ,
Proposed Legislation ,
State and Local Government
The changes in the cannabis industry in Southeastern United States represent some of the most surprising and remarkable changes in the history of the industry...
Originally published by Bloomberg Law....more
9/15/2022
/ Alabama ,
Arkansas ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Decriminalization of Marijuana ,
Florida ,
Georgia ,
Louisiana ,
Marijuana ,
Marijuana Related Businesses ,
Medical Marijuana ,
North Carolina ,
Proposed Legislation ,
State and Local Government ,
State Legislatures ,
Tennessee