DEA Judge Cancels Rescheduling for Cannabis | Trade to Black

[@DeathSquared7]

Rescheduling is useless for me, any chance for descheduling?

[@Matt-hv4rg]

DEA is willfully ignorant. They would see a cut to their budget if they no longer need to enforce mj as schedule 1

[@joesphreiley7757]

I hope President Trump fires the Head of the DEA, DEA are dragging their feet to reschedule cannabis. The cannabis companies are getting hammered.

[@adickson311]

I called it two days ago ... your welcome.

[@Zukarude]

This news is actually really good. Edit: Before we knew the rescheduling hearing was cancelled, Shane Pennington on yesterday's TDR podcast made the point that the rescheduling hearing record will be highly consequential to future litigation. And he also brought out that the DEA was not acting as a neutral party in good faith. Skip to today, The judge acknowledged the DEA's bias and dismissed the case because of it. He had critical words for the DEA and harshly rebuked them for their dishonest tactics. Had the rescheduling not been cancelled the DEA could have got lies and misrepresented data on the official record of the rescheduling that could have been very negative for the sector. “Even among the numerous extraordinary and puzzling actions taken thus far by the Government during the course of this litigation, this disobedience of an unequivocal directive from the tribunal is unprecedented and astonishing,” the judge added. Mulrooney also criticized the DEA for its actions, writing that “the specter of officials at the highest level of Agency management selectively assisting and granting access to individuals and groups standing in opposition to the [Notice of Proposed Rulemaking, or NPRM] it purportedly supports as the proponent, carries no small measure of discomfiture,” he said. “If true, viewed in the best light, these allegations demonstrate a puzzling and grotesque lack of understanding and poor judgment from high-level officials at a major federal agency with a wealth of prior experience with the [Administrative Procedures Act].” In his ruling on Monday, Mulrooney noted a “disturbing and embarrassing revelation” about claims of communications between DEA officials and groups opposed to marijuana policy reform. However, he said that even if the allegations are true, they do not amount to an “irrevocable taint” that would affect the outcome of the rescheduling process. As a result, the administrative law judge ruled that he did not have the authority to remove the DEA from the hearings as a proponent of the proposed rule change.

[@edinbegovic2464]

Why?

[@global3659]

😳😖

[@pedinhuh16]

You gonna have to elaborate on this, boss

[@Zukarude]

@@edinbegovic2464i added to my earlier comment

[@Zukarude]

@@pedinhuh16checkout my earlier comment. I added an explanation.

[@tigerstar35]

Rescheduling would create a monopoly on cannabinoids by pharmaceutical companies.

[@abelincoln2562]

"Soon", Schumer

[@CastleMc]

WHAT?!!

[@edinbegovic2464]

Sad story, CGC -7% 😔 I am starting to lose hope here

[@zerafians8145]

yeah...I think I would be down 85% as of today if I had kept my cannabis investments before Trump won in November. And I only got in a year ago.

[@jon2213]

Worst part is, even if they legalize medical or reschedule likely Canadian LP's will still not be able to sell.

[@Knowledge.to_Come]

Canopy is not just a canadian Lp, they have alot of earnings that are undeclared under their ticker, but it will be revealed in the month of May earnings. And the money invested in the us is declared a loss because it was money out, but they couldn’t report on those earnings and still cant until may.

[@edinbegovic2464]

@@Knowledge.to_Come do May earnings may be very positive surprise… what do you think?

[@Filip333ify]

Great time to add more

[@NoMad42]

Drama continues! 😅🍿😎 Use the DEA 2 DCA some mo - it’s Boarding Chaos with last minute discounts 🤗🚀🥳

[@jjbee1031]

Is the dea slated to lose funding if rescheduling goes thru? Is this why they are doing what there doing

[@ryan5888]

Bingo! In my opinion, this is the reason.

[@jackrock1313]

🎉🎉🎉🎉

[@johnlee6835]

DEA gettin paid! How do I get on the winning team? Damn hippies!