AGP Executive Report
Last update: 3 hours agoHemp policy showdown (US): U.S. Sen. Katie Britt and allies pushed to permanently close the “hemp loophole” that lets intoxicating hemp-derived THC reach minors, but the Senate voted to delay the change to Dec. 11—keeping the clock in limbo for retailers and brands. Medical marijuana business tailwinds (US): A University of Iowa study links state medical marijuana legalization with better corporate performance, including higher valuation and per-employee sales, suggesting a “culture” effect that attracts talent. NYSE milestone (US cannabis): Trulieve Cannabis (TRLV) became the first U.S. cannabis operator to uplist to the NYSE, citing stronger cash flow and a Schedule III reclassification benefit that could ease major tax drag. Regulatory pressure (US): Texas THC product restrictions took effect July 31, adding another compliance hurdle for hemp-derived brands. Enforcement spotlight (global): NDLEA arrested an Italy-based businessman at Enugu after he allegedly ingested 98 cocaine wraps; Dublin Airport also saw a major crystal meth and cannabis seizure worth about €950,000.
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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