AGP Executive Report
Last update: a day agoFederal Rescheduling Fight: Three GOP state attorneys general (Nebraska, Indiana, Louisiana) are asking a federal appeals court to block the Trump administration’s move to reschedule certain medical cannabis products to Schedule III, arguing the order exceeds authority and conflicts with the Controlled Substances Act and international treaty rules—leaving adult-use still federally illegal. Industry Guidance Gap: State marijuana regulators say the lack of clear federal guidance on what rescheduling means is “incredibly frustrating” for businesses trying to plan. Hemp Beverage Push: The Hemp Beverage Expo 2026 in Austin is positioning itself as the hub for THC beverage operators and advocates as policy deadlines loom, with NielsenIQ reporting THC drinks hit $239M in sales over the past 52 weeks (+135% YoY). Illinois Watch: As Springfield nears session end, Illinois cannabis businesses are lobbying for security and surveillance rule changes to cut costs and reflect a more mature market. Retail Expansion: Elmira, New York, welcomed a new adult-use dispensary, Holy Smokes, while police seized illegal cannabis products, firearms, and cash at two other businesses. Local Enforcement: Tennessee’s hemp/vape crackdown continues, and multiple jurisdictions reported cannabis-related raids and charges. CBD Pet Spotlight: Treatibles founder Julianna Carella is set to appear on Kingdom Creators TV to discuss scaling CBD for pets.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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