Pharma company Vertanical's new botanical drug derived from marijuana has been approved in Germany to treat chronic pain, ushering in a new future for the medical applications of cannabis.
Former Meta and Microsoft engineers Jun Sup Lee and Vince C. Ning built Nabis into the country’s biggest marijuana distributor, delivering $1.5 billion worth of weed to dispensaries every year. Now it’s blooming in a fourth state.
Read about how cannabis executives like Kim Rivers lobbied President Trump to successfully reschedule marijuana as a less dangerous drug https://t.co/ACzp251aeJ
Under the decisive leadership of @POTUS, this Department of Justice is delivering on his promise to improve American healthcare. This includes:
• Immediately rescheduling FDA-approved marijuana and state-licensed marijuana from Schedule I to Schedule IIl
• Ordering a new, expedited hearing with set deadlines, to fully reschedule marijuana
These actions will enable more targeted, rigorous research into marijuana's safety and efficacy, expanding patients' access to treatments and empowering doctors to make better-informed healthcare decisions.
Meet The Cannabis Industry’s Trump Whisperer @Forbes. For 420 this year, I profiled Kim Rivers, the CEO of Trulieve, who helped persuade President Trump to sign an executive order directing the US Attorney General to complete the marijuana rescheduling process.
While the industry is still waiting for the process to be complete, and even President Trump lamented about how the DOJ is "slow-walking me on rescheduling," it has taken a lot to get here. Read my story about Rivers' role in getting Trump to embrace weed reform.
Happy 420 to all who celebrate. Don't miss the fifth annual @Forbes 42.0 List, a collection of the most successful, innovative and influential entrepreneurs in America's $30B cannabis industry.