AGP Executive Report
Last update: an hour agoDEA Rescheduling Watch: The DEA is holding a formal hearing on Trump’s move to shift marijuana from Schedule I to Schedule III, a change that wouldn’t legalize cannabis federally but could reshape how states enforce their own rules. Labor & Supply Chain: Ascend Wellness cultivation workers in Illinois went on strike over unfair labor practices, raising the risk of disruptions to the adult-use cannabis supply chain. Corporate Moves: TerrAscend filed a preliminary proxy statement for a shareholder vote tied to a potential uplisting to a major U.S. exchange, signaling continued push toward U.S. market access. Hemp Product Scrutiny: South Carolina’s House rejected a Senate compromise on regulating intoxicating hemp THC beverages, leaving the state exposed to upcoming federal hemp rules. Tech & Operations: A cannabis tech-stack piece argues operators should stop wasting money on disconnected software and focus on tools that drive ROI and compliance. Cultivation Innovation: Aeriz is spotlighting aeroponic, soil-free cultivation in Phoenix as a water-saving model. Local Policy: Osseo, Minnesota residents raised concerns about financing a municipal cannabis dispensary via tax abatement bonds, while Fillmore County, Minnesota approved amendments tightening cannabis business rules and setbacks.
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