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Happy Wednesday Cannabis Investors: The DOJ busted this LA cartel for laundering $50 million in drug money through Chinese banks, revealing a large fentanyl smuggling operation into the U.S.

Plus, check out our chart of the week: The IRS grabbed the cannabis stock market's attention.

On The Go: Check out the newest episode of Cannabis Insider, also available on Apple and Spotify.

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TOP STORY

'Millions Are Using Cannabis Yet Only 18 Labs Are Studying It,' Says Johns Hopkins Scientist

Briefly: It’s been one year since Maryland launched recreational cannabis sales on July 1, 2023 after voters overwhelmingly approved marijuana legalization in the November midterms.

Now: The focus has shifted to pioneering research underway at the Johns Hopkins Medical Center and other Maryland-based institutions.

What Are They Doing? Hidden away in a negative pressure chamber known as "the smoke box," researchers at Johns Hopkins Medical Center are delving into groundbreaking studies.

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ZINGERS

Investing Focus: Decibel's Dominance In Pre-Rolls Tested By Market Shifts And 16% Revenue Drop. What You Need To Know

Cannabis Employment: Paying Dues For Nothing? Cannabis Workers At Cresco Labs' Illinois Facility Leave The Union, Get 15% Raises

Cannabis Legalization: DEA Veteran Worries Biden's Plan To Reclassify Marijuana Will Empower Mexican, Chinese Cartels

Europe Expansion: Mike Tyson To Open First Branded Retail Store In Amsterdam, A City That Always Held A Special Place In His Heart

Cannabis and Guns: Gun Rights For Cannabis Users Remain In Limbo: Supreme Court Sends Case Back To Lower Court For Further Review

ONE MORE FOR THE ROAD

Should Truck Drivers Still Be Tested For Marijuana Regardless Of Cannabis Rescheduling?

Briefly: U.S. Transportation Secretary Pete Buttigieg confirmed that President Joe Biden's proposal to reschedule marijuana from Schedule I to Schedule III will not change drug testing policies for commercial trucker drivers.

So: Buttigieg also acknowledged that any impaired driving, whether from alcohol, marijuana or other substances, is a significant safety concern and that they were continuously evaluating the potential indirect impacts of rescheduling marijuana.

Truck Drivers Weigh In: Here is what the truck drivers think about the Department of Transportation’s decision.

PRESENTED BY CANNABIS CAPITAL CONFERENCE

Join us on October 8th and 9th in Chicago for the world's largest gathering of cannabis investors - happening just ONE month before the Presidential election.

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