AGP Executive Report
Last update: 12 hours agoDEA Rescheduling Push: The agency is set to kick off three weeks of hearings on moving marijuana from Schedule I to Schedule III, with testimony focused on marijuana’s medical utility. Federal Banking & Farm Bill Momentum: Congress is again reviving cannabis banking legislation as lawmakers also move draft text for the 2026 Farm Bill—signals that policy access and financial infrastructure could keep improving. Hemp Crackdown Fallout: Wisconsin hemp/cannabis cafes are warning a new federal THC limit starting in November could shut down THC/CBD shops, while North Carolina operators brace for the same kind of “loophole closure” impact. Local Cannabis Politics: Osseo, Minnesota paused a city-owned $4M cannabis store plan after residents questioned costs and whether public ownership blurs lines; in Connecticut, social equity groups are preparing to distribute tens of millions in cannabis proceeds to neighborhoods hit by the War on Drugs. Industry Watch: Trulieve says CEO Kim Rivers plans to terminate an automatic share-sale plan, with the next trading window on Aug. 11.
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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