Rumours Of rapid DEA de- scheduling not true says Marijuana Moment

MM are the closest to the action in DC so it’s more than likely in the whirlpool of the politics of the place they are as close to the truth as anybody can be.

They write

Amid swirling rumors about the possibility of an imminent cannabis policy announcement from the White House, a Biden administration official told Marijuana Moment on Tuesday that they’d “wave off” the speculation.

Industry stakeholders and several prominent cannabis journalists have signaled in recent days that an announcement—possibly pertaining to the ongoing review into marijuana scheduling—is coming within days. But that’s not the case, the administration source says.

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It’s possible, of course, that the official who spoke to Marijuana Moment may not be aware of a possible forthcoming announcement. Sensitive disclosures, like the highly anticipated marijuana scheduling decision, are often held close to the vest. But claims of an imminent action have yet to be verified, despite a surge of speculation from the cannabis media and industry space on social media.

One of the most circulated examples came from Adrian Snead, a partner at the law firm Porter Wright Morris & Arthur LLP and former staffer of Sen. Jeff Merkley (D-OR) who helped craft a congressional cannabis banking bill.

 

In a LinkedIn post on Tuesday, Snead wrote that a “big” marijuana announcement would be coming from the White House “this week.” He cited a “highly placed” Biden administration source.

Others, including Green Market Report’s John Schroyer, Chris Roberts of MJ Biz Daily and The New York Times’ Ashley Southall, have similarly indicated recently that sources told them of a potential announcement within days—or at least by the end of the first quarter of 2024.

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Biden Administration Official Disputes Rumors Of Imminent Marijuana Scheduling Decision Amid Heightened Speculation

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