News
The Rising Tidal Wave of Unregulated Hemp-Derived Synthetic THC Products: Why States Must Regulate Now
So far in 2024, we’ve seen a pattern emerge across multiple states—including places like Illinois, Missouri, Florida, and most recently, California. Government-supported bills aimed at regulating the booming market of the unregulated synthetic intoxicating hemp derived cannabinoid (“IDHC”) market made it through much of the legislative process, only to be stalled in the final stages. […]
ATACH statement on House Agriculture Committee Intoxicating Hemp Vote
An amendment to prohibit intoxicating hemp products passed the House Agriculture Committee today by a voice vote. Below is the ATACH statement :“ATACH supports the creation of a regulatory framework for cannabis and hemp products through full federal legalization, as well as the ability for states to preserve their own cannabis and hemp programs. It […]
American Trade Association for Cannabis and Hemp Responds to Cannabis Rescheduling Rule Moving Forward
Today, the American Trade Association for Cannabis and Hemp reacted to the news that cannabis rescheduling is moving forward with the official notice of proposed rulemaking (NPRM) by the Department of Justice. Reclassifying from Schedule I to III would reclassify cannabis to a far less restrictive category. The following statement is from Michael Bronstein, President, […]
ATACH Applauds Groundbreaking Decision By DEA Will Move Cannabis to Schedule III
In response to the proposed rescheduling of cannabis to Schedule III by the Drug Enforcement Administration, the American Trade Association for Cannabis and Hemp (ATACH) issued the following statement: “Today’s reported news means that the Drug Enforcement Agency (DEA) is one step closer to the most historic cannabis reform in U.S. history. In proposing to […]
State attorneys general urge Congress to address risks posed by intoxicating hemp products
A bipartisan group of 20 state attorneys general are imploring Congress to take action to address a looming public health “crisis” due to the burgeoning multibillion-dollar market for intoxicating hemp products. Congress legalized hemp under the 2018 farm bill, touting it as a boon for struggling farmers. But the market has become increasingly dominated by […]
American Trade Association for Cannabis and Hemp (ATACH) Applauds President Joe Biden’s Historic Mention of Cannabis in Tonight’s State of the Union Address
(Washington, DC) – In response to President Joe Biden’s State of the Union address, the American Trade Association for Cannabis and Hemp (ATACH) issued the following statement in response to the President’s remarks around federal cannabis rescheduling: “Tonight’s remarks by President Joe Biden acknowledging that nobody should go to jail for using or possessing marijuana […]
American Trade Association for Cannabis & Hemp Applauds President Biden’s Pardon Expansion
The American Trade Association for Cannabis and Hemp (ATACH), today expresses its gratitude to President Joe Biden for his landmark proclamation expanding the marijuana pardon initiative. “President Biden’s expanded marijuana pardon initiative is a testament to the progressive steps that the administration has taken on cannabis policy, and importantly, helps reconcile the long-standing injustices in […]
Joyce, Chavez-DeRemer, Mast, Blumenauer, and Carter Introduce Legislation to Protect States’ Cannabis Policies
WASHINGTON, DC – Today, Representatives Dave Joyce (OH-14), Lori Chavez-DeRemer (OR-05), Brian Mast (FL-21), Earl Blumenauer (OR-03), and Troy Carter (LA-02) introduced a modernized version of the Strengthening the Tenth Amendment Through Entrusting States (STATES) Act to ensure that each State has the right to determine for itself the best approach to cannabis within its borders. This legislation also extends these protections to Washington D.C., U.S. territories, […]
Statement on Congressman Earl Blumenauer Announcing He Will Not Seek Re-Election
The American Trade Association For Cannabis And Hemp issued the following statement on the announcement that Congressman Earl Blumenauer will not seek re-election: “Congressman Earl Blumenauer is the most important champion for reforming cannabis laws at the federal level in the last thirty years. Nobody has done it for longer and nobody was more impactful […]
Duane Morris Alert: Tax Implications of Reclassifying Cannabis as a Schedule III Controlled Substance
On August 29, 2023, the U.S. Department of Health and Human Services responded to President Biden’s October 2022 call for a federal review of marijuana scheduling: The drug should be reclassified as a Schedule III controlled substance. Below, we explore questions on the tax ramifications to the cannabis industry if marijuana is reclassified as such. Frequently Asked Questions […]