AGP Executive Report
Last update: 11 hours agoCaribbean Market Access: St. Kitts & Nevis says licensed medicinal cannabis businesses will gain access to banking through a local bank. In St. Vincent and the Grenadines, officials called for practical ways to bring traditional growers into the regulated industry and improve regional trade. Hemp Rules Loom: Federal restrictions on hemp-derived THC products are due to take effect Nov. 12, as alcohol lobbyists press Congress not to delay them. A new bill would add a 50% tariff on Chinese cannabinoid imports and new testing requirements. Rescheduling Rollout: Nearly 7,000 medical cannabis businesses have applied for federal protections linked to rescheduling, according to a new DEA list. Tax and Sales: Nevada lawmakers are considering replacing the wholesale cannabis tax with a higher retail levy as industry tax revenue falls. Verano reported $212 million in third-quarter revenue, with year-over-year organic growth. CBD Products: A report says tighter European rules are pushing CBD oils and gummies off shelves.
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.