The Green Brief



    Lead Story
    Cannabis Businesses Join Anti-Rescheduling Lawsuit as Industry Fights Back
    Cannabis operators have formally intervened in the lawsuit challenging the DEA's proposal to move marijuana to Schedule III, signaling that the industry itself is now an active legal stakeholder in the rescheduling fight. The move underscores deep divisions within the cannabis business community over whether Schedule III reclassification delivers meaningful federal relief, particularly on 280E tax obligations that continue to crush operator margins. With market prices reflecting renewed investor anxiety — MSOS falling 4.83% and CRLBF shedding 6.02% on the session — the legal uncertainty is compounding an already difficult capital environment for multistate operators.
    Full analysis →

    

    Policy & Regulatory Watch
    
      State
      Nebraska Governor Pillen has signed off on the state's official medical cannabis regulations, clearing the path for a formal licensed market following voter approval of the ballot initiative.
    
    
      State
      California Governor Newsom announced $227 million in funding to combat illicit cannabis activity, targeting unlicensed operators that continue to undercut the state's legal market.
    
    
      State
      Pennsylvania's path to adult-use marijuana legalization now rests with Republican lawmakers, who hold decisive influence over whether a bill advances in the current legislative session, per MJBizDaily.
    

    

    Market Pulse
    
      
        MSOS
        $4.83
        -4.83%
      
      
        CURLF
        $9.99
        +3.74%
      
      
        TLRY
        $4.43
        -1.34%
      
      
        GTBIF
        $7.60
        -3.92%
      
      
        CRLBF
        $0.78
        -6.02%
      
      
        AYRWF
        $0.01
        -6.25%
      
    

    

    Quick Hits
    
      
      
        Augusta-area dispensaries have opened for business under Georgia's expanded medical cannabis law, marking a significant milestone for patient access in the state.
        The Augusta Chronicle · 12h ago
      
    
    
      
      
        New York State held its first cannabis microbusiness showcase, spotlighting small licensed operators as the OCM works to build out an equitable retail footprint across the state.
        Spectrum News · 10h ago
      
    
    
      
      
        Indiana's hemp industry is navigating a precarious regulatory environment, with operators describing a 'Wild West' landscape as state legislators push back against loosely defined cannabinoid products.
        WFYI · 11h ago
      
    
    
      
      
        Nigeria's NDLEA took formal custody of 6,778.5 kg of high-potency 'Canadian Loud' cannabis intercepted at Lagos's Apapa Port, one of the largest single seizures at the country's primary commercial gateway.
        Vanguard · 18h ago
      
    

    

    From the Culture Desk
    
      
      
        After RFK: The Cannabis Festival Trail Still Has Three Big Stops Left
        The National Cannabis Festival pulled 25,000+ to RFK Stadium in April and may be the last one ever held there. The summer 2026 calendar has three stops that matter — a Midwest weekender in southern Ohio, a redwood-canopy gathering in Northern California that just became the first US festival with legal on-site sales, and a one-day civic anchor in Pittsburgh. A field guide.
        Read on cannanews.io →
        8 min read
      
    

    

    
      Seed & Stem — Today’s Context
      The Cole Memo, issued by the DOJ in 2013, established federal enforcement priorities that effectively allowed state-legal cannabis markets to operate without federal interference. It was rescinded by Attorney General Jeff Sessions in 2018, but federal enforcement against state-licensed operators has remained minimal in practice — governed more by political consensus than written policy.
The Green Brief — Jul 2, 2026
