Happy Thursday, Cannabis Investors! Skateboarding meets cannabis-infused sodas in this new partnership.

Plus, find out if hemp drinks are worth the hype in an exclusive video interview with Aaron Nosbisch — founder and CEO of BRĒZ and Lucyd — from the Benzinga Cannabis Capital Conference in Miami. If you have missed it, do not worry! Our next Cannabis Conference is in Chicago on Oct 8-9. Get your tickets here.

Also, check out the newest episode of Cannabis Insider, also available on Apple and Spotify.

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TOP STORY

Keep Your Seatbelts On For The Rescheduling Rollercoaster Ride

Briefly: Last Tuesday, the DEA reportedly agreed to reschedule cannabis, sending stocks sky-high. But the cannabis’s trajectory is still less “rocket ship” and more “rollercoaster.”

So Basically: News broke this week that administrator Anne Milgram, “did not sign the rescheduling order,” according to two confidential sources inside the DEA.

So Then: The cannabis stocks went over the loop and down the drop.

So What? The DEA Administrator spoke for herself, saying, “Because the formal rulemaking process is ongoing — and my role in that process is to determine the scheduling of drugs — it would be inappropriate for me to respond to questions on this rescheduling matter."

What Next: Keep your seatbelts on and hang on to your hats. The ride’s not over yet.

Click here to read more.

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ZINGERS

Q1 2024: MariMed's Revenue Rises To $37.9M, Amid Declining Gross Margin

Dividend-Paying Cannabis REIT, IIP, Quarterly Revenue Hits $75M, Representing 1% YoY Decline

Medical Marijuana Giant Trulieve, Backer Of Florida's Recreational Cannabis Ballot, Narrows Loss, Reports Uptick In Q1 Revenue, Gross Profit

South Dakota: New Quest For Cannabis Legalization In November 2024 Election As Advocates Meet Ballot Proposal Requirements

Pot Company Gets License To Open Psilocybin Service Center, The Sacred Mushroom, In Oregon

ONE MORE FOR THE ROAD

EXCLUSIVE: Did Mike Tyson Ever Smoke Weed With Soccer Icon Diego Maradona?

Briefly: Famed boxer Mike Tyson and soccer legend Diego Maradona share an unlikely friendship — and lifestyle.

How It Started: Their paths crossed on several occasions. In 2005, during Maradona's TV show La Noche del 10, Tyson received an Argentine national team jersey signed by Maradona himself, who was excited to have the "baddest man on the planet" on his show.

What Happened Next: Tyson valued this jersey so much that he wore it during his appearance in a Brazilian court. The controversy, of course, was immediate, given the soccer rivalry between Argentina and Brazil.

What Now: “We were soul brothers. We just loved each other from the first time we met," said Tyson during an exclusive interview at the recent Benzinga Cannabis Capital Conference. Only one question remains: did they ever share a joint?

Click here to read more.

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