News

Cannabis Industry United in Support of Upcoming Cannabis Banking Hearing, Urges Action to Address Access to Capital for Small Operators
As organizations representing the state-legal cannabis industry, the National Cannabis Roundtable (NCR), Minorities for Medical Marijuana (M4MM), the National Cannabis Industry Association (NCIA), the US Cannabis Council (USCC), the Minority Cannabis Business Association (MCBA), the National Hispanic Cannabis Council (NHCC), and the American Trade Association for Cannabis and Hemp (ATACH), released the following joint statement […]

Lawmakers Reintroduce Cannabis Bills
Issue: Lawmakers have reintroduced legislation in the cannabis space aimed at fixing the tax code and promoting social justice reforms. “The Small Business Tax Equity Act” is sponsored by Rep. Earl Blumenauer (D-OR), along with Reps. David Joyce (R-OH), Barbara Lee (D-CA), and Nancy Mace (R-SC) and The HOPE Act which is cosponsored by Reps. Dave Joyce (R-Ohio) and Alexandria Ocasio Cortez (D-N.Y.), ““ATACH firmly believes […]

Joyce, Jeffries Reintroduce Bipartisan Legislation to Prepare for Inevitable End to Federal Cannabis Prohibition
Congressman Dave Joyce (OH-14) and House Democratic Leader Hakeem Jeffries reintroduced bipartisan legislation to better and immediately prepare the federal government for the inevitable end to cannabis prohibition. Titled the Preparing Regulators Effectively for a Post-Prohibition Adult Use Regulated Environment (PREPARE) Act, this bill creates a fair, honest and publicly transparent process for the federal government […]

Top “Threat” to Legal Cannabis? Confusion Over Intoxicating Hemp Products, Says Head of CANNRA
With the Farm Bill again up for debate this year in Congress, some regulators and industry members hope that hemp-derived cannabinoid products will be part of the discussion. On Thursday, the Council for Federal Cannabis Regulation hosted a virtual event that focused on these products, from the more common ones containing CBD to the newer, […]

ATACH National Law Firm Partner Duane Morris Named Cannabis Group of the Year by Law360
ATACH issues the following statement congratulating its National Law Firm Partner on being named Cannabis Group of the Year by Law360: “What makes Duane Morris unique is the entrepreneurial spirit of the cannabis practice backed up by extensive institutional knowledge and experience of business. Duane Morris’ entry into the space ten years ago marked an […]

DFCR Gathers Support for New York State to Adopt Universal Cannabis Product Symbol
Doctors for Cannabis Regulation (DFCR), the global voice for physicians and other health professionals to advance the legalization and science-based regulation of cannabis, has submitted a letter to the New York State Cannabis Control Board (CCB) and the New York Office of Cannabis Management (OCM) urging them to adopt the International Intoxicating Cannabinoid Product Symbol (IICPS) for […]

ATACH Statement on FDA Findings
ATACH issued the following statement on the FDA’s findings regarding CBD Products: “FDA’s findings highlight the increased need for Congressional action as it relates to the regulatory framework of CBD products for use in food, beverage, and as dietary supplements. We will diligently work with Congress to develop and advance a pathway that protects consumers, […]

ATACH Makes Case for U.S. Cannabis Operators to Be Listed on Nasdaq and the New York Stock Exchange
ATACH Releases Paper Demonstrating why Plant-Touching Operators Should be Listed Now Today, the American Trade Association for Cannabis and Hemp’s (ATACH) Capital Markets Council, with the assistance of ATACH’s national law firm partner, Duane Morris LLP, issued a policy paper outlining the arguments for major financial securities markets – such as New York Stock Exchange […]

American Trade Association for Cannabis & Hemp (ATACH) to Raise Awareness of Intoxicating Hemp Products in FDA Listening Session
Today, the American Trade Association for Cannabis and Hemp (ATACH) is meeting with the Food and Drug Administration for a listening session regarding unregulated intoxicating hemp products with the goal to seek regulatory clarity among states and at the federal level. The 2018 U.S. Farm Bill legalized hemp under federal law and permitted plant materials […]

“Hot” Hemp Remains a Hot Topic, and Still Within DEA’s Enforcement Discretion
The United States Court of Appeals for the District of Columbia Circuit dismissed two lawsuits last week, affirming that “work in process hemp” exceeding 0.3 percent of THC, known as “hot hemp,” may still be the subject of enforcement by the U.S. Drug Enforcement Agency (DEA). Marijuana is currently a Schedule I controlled substance under […]