News & Insights

Courtney Barnes attends World Business Leaders Cannabis Business Europe Conference
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Courtney Barnes attends World Business Leaders Cannabis Business Europe Conference

Courtney Barnes is currently in Frankfurt Germany representing Feldman Legal Advisors at the World Business Leaders Cannabis Business Europe Conference. Already having met with industry operators and policy advocates from Romania, Colombia, South Africa, Canada, and Germany, she reports that, “we are delighted to be here learning about international markets and to expand our global collaborative footprint.”

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Local Cannabis Reform Gains Momentum in Texas
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Local Cannabis Reform Gains Momentum in Texas

In a pivotal move for local cannabis policy reform, Dallas voters may decide to decriminalize cannabis via an initiated charter amendment in November 2024. Activist groups Dallas Action and Ground Game Texas successfully collected more than 50,000 signatures to present the “Dallas Freedom Act” to Dallas City Council. 

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New York Cannabis Leader Resigns Following Critical Internal Review
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New York Cannabis Leader Resigns Following Critical Internal Review

In a dramatic turn of events for New York’s cannabis industry, Chris Alexander, the Executive Director of the State’s Office of Cannabis Management (OCM) has resigned. This decision comes in the wake of a thorough examination of his oversight of the tumultuous rollout of New York’s adult-use cannabis market. Governor Hochul had previously announced that Alexander would step down at the end of his term in September 2024, but on May 24, Alexander resigned. He will leave his position on June 7, 2024.

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Proposed Rule to Reschedule Cannabis Officially Published in Federal Register
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Proposed Rule to Reschedule Cannabis Officially Published in Federal Register

On May 16, 2024, President Joe Biden published a video providing his long-awaited announcement that the Biden administration is actively taking steps to reschedule cannabis under the Controlled Substances Act (CSA). Hours later, the Drug Enforcement Administration (DEA) published its Proposed Rule to Reschedule cannabis from Schedule I to Schedule III. 

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Mayor Adams is Taking Action Against Unlicensed Cannabis Shops in NYC
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Mayor Adams is Taking Action Against Unlicensed Cannabis Shops in NYC

The proliferation of unlicensed cannabis dispensaries has posed a significant challenge to the regulated cannabis market in New York in recent years, especially in the city. With an estimated 2,900 illicit storefronts, these unauthorized outlets not only undermine the efforts of the Marijuana Regulation and Taxation Act (MRTA) and the Office of Cannabis Management (OCM) but also jeopardize consumer safety by peddling unregulated products. On Tuesday, May 7, 2024, New York City Mayor Eric Adams announced he is 

finally 

planning to crack down on these unlicensed cannabis shops.

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