
-
Frank urges 'real' Spurs fans to back Tel after racist abuse
-
Japan's emperor expresses 'deep remorse' 80 years after WWII
-
Chelsea boss Maresca eager to sign new defender as Colwill cover
-
Liverpool target Isak controls his Newcastle future: Howe
-
New-look Liverpool kick off Premier League season after spending spree
-
Football and falls as first humanoid robot games launch in China
-
'Like hell': Indoor heat overwhelms Saudi Arabia's cooks, bakers
-
On VJ day, king pays tribute to UK veterans, warns of war's 'true cost'
-
Stocks mostly higher before US-Russia summit
-
Bayern's Bundesliga crown up for grabs after rocky summer
-
Arsenal face revamped Man Utd as new-look Liverpool open Premier League season
-
South Korea president vows to build 'military trust' with North
-
'Never again': Indigenous Bolivians sour on socialism
-
Indonesia's president touts economy, social welfare drive
-
World plastic pollution treaty talks collapse with no deal
-
Facing US tariffs, India's Modi vows self-reliance
-
Trump to meet Putin in high-stakes Alaska summit
-
Indian rescuers scour debris after 60 killed in flood
-
Ivory Coast village reburies relatives as rising sea engulfs cemetery
-
Stressed UK teens seek influencers' help for exams success
-
National Guard deploys 800 personnel for DC mission, says Pentagon
-
Japan emperor expresses 'deep remorse' 80 years after WWII
-
With waters at 32C, Mediterranean tropicalisation shifts into high gear
-
Historic Swedish church being moved as giant mine casts growing shadow
-
Malawi's restless youth challenged to vote in September polls
-
Indonesian roof tilers flex muscles to keep local industry alive
-
World's first humanoid robot games begin in China
-
Scott Barrett returns to lead All Blacks against Argentina
-
Five things to know about Nigeria's oil sector
-
New compromise but still no deal at plastic pollution talks
-
France's Cernousek seizes lead at LPGA Portland Classic
-
Putin-Trump summit: What each side wants
-
Desperate Myanmar villagers scavenge for food as hunger bites
-
Qualifier Atmane stuns Rune to set up Sinner semi-final in Cincinnati
-
Hong Kong tycoon Jimmy Lai's security trial delayed over health concerns
-
Asia stocks mixed before US-Russia summit
-
Putin hails North Korean troops as 'heroic' in letter to Kim
-
Fleeing the heat, tourists explore Rome at night, underground
-
Online cockfighting thrives in Philippines despite ban and murders
-
Keeping cool with colours -- Vienna museum paints asphalt to fight heat
-
Raising the bar: Nepal's emerging cocktail culture
-
El Salvador plans 600 mass trials for suspected gang members
-
Trump's tariffs drown Brazil's fish industry
-
Hong Kong tycoon Jimmy Lai's collusion trial resumes after delay
-
Britain's Princess Anne turns 75 with typically minimal fuss
-
Japan posts modest growth despite US tariffs
-
Rugby Championship kicks off amid uncertain future
-
Israeli far-right minister backs contentious West Bank settlement plan
-
Hot putter carries MacIntyre to three-shot lead at BMW Championship
-
EON Resources Inc. - 2nd Quarter 2025 Earnings Call on Tuesday, August 19, 2025

The Untold Truth About President Trump's Marijuana Rescheduling
The untold truth? Rescheduling may not save the cannabis industry-it could divide it.
Past IRS 280E tax liabilities won't vanish-some companies owe hundreds of millions.
Interstate cannabis operators still remain barred from DEA licensing, regardless of tax changes.
Marijuana is still DEA regulated under the Controlled Substance Act and
WASHINGTON, DC / ACCESS Newswire / August 15, 2025 / President Donald Trump has signaled he is open to reclassifying marijuana under federal law, particularly for medical purposes, calling it a "very complicated subject" but acknowledging he's heard "good things" for pain and chronic disease.

If his administration follows through - especially with a move to separate recreational marijuana from FDA-regulated medical cannabis - it could trigger a seismic shift in the industry. For most cannabis companies, that shift may mean new compliance hurdles. But for MMJ International Holdings, it could open the fast lane to final DEA registration and the start of long-delayed clinical trials.
Why MMJ BioPharma Stands Apart
1. The "Medical Only" Fit
President Trump's comments reflect caution toward recreational use but an openness to true medical applications. MMJ 's entire business model is built for that environment:
FDA Orphan Drug Designations for Huntington's disease and Multiple Sclerosis.
Two active Investigational New Drug (IND) applications with the FDA.
A fully pharmaceutical pathway - no dispensaries, no state-level gray markets, no recreational overlap.
2. DEA Policy Advantage
Under current DEA policy, any applicant with ties to illegal state-to-state marijuana commerce will never receive a federal manufacturing registration. This policy instantly eliminates a large share of today's cannabis operators from the race if Trump orders stricter enforcement in parallel with rescheduling.
MMJ's record is clean - it has never engaged in state-licensed or illicit marijuana trade. That means it qualifies for DEA registration without the baggage that could block other companies.
3. Breaking the DEA Bottleneck
MMJ has waited more than seven years for DEA approval to cultivate cannabis for FDA clinical trials. With no Administrative Law Judge system currently functioning, and Terry Cole newly confirmed as DEA Administrator, a Trump directed policy change could result in immediate action on long-delayed, compliant applications like MMJ's.
4. MMJ Market Positioning
Most cannabis companies operate in a state-law gray zone, which leaves them exposed to enforcement and disqualifies them from federal registrations. MMJ's federally compliant approach means:
Legal protection under federal law once approved.
Eligibility for insurance reimbursement, national prescription networks, and pharmaceutical distribution channels.
5. First-Mover Timeline
MMJ is uniquely prepared to act fast:
Orphan Drug Designations in place.
INDs cleared with the FDA.
GMP-compliant manufacturing plans ready to execute.
If rescheduling happens and the DEA issues its registration, MMJ could plant its first federally approved cannabis crop within weeks - launching clinical trials far ahead of competitors.
Impact on the Broader Industry
Rescheduling to Schedule III would also have major tax implications by eliminating IRS Code 280E restrictions going forward. That means cannabis companies could deduct normal business expenses. But here's the catch:
Past 280E liabilities - in some cases amounting to hundreds of millions - won't automatically disappear.
The IRS may allow relief for the full year of the change, but retroactive forgiveness is unlikely without congressional action.
Companies engaged in illegal interstate commerce remain ineligible for DEA licensing regardless of tax changes.
In short, while rescheduling could provide tax breathing room for some, those outside the bounds of federal law will remain shut out of the legitimate pharmaceutical market.
Bottom Line
If President Trump follows through with rescheduling and reinforces the DEA's strict eligibility rules, MMJ BioPharma could become the flagship example of how cannabis can be developed as real medicine - safe, consistent, federally compliant, and backed by clinical science.
Where others will face disqualification, tax debt, or regulatory overhaul, MMJ will be ready to deliver exactly what Trump has said he's open to: medical cannabis for pain and chronic disease, regulated like any other prescription drug.
MMJ is represented by attorney Megan Sheehan.
CONTACT:
Madison Hisey
[email protected]
203-231-8583
SOURCE: MMJ International Holdings
View the original press release on ACCESS Newswire
Y.Nakamura--AMWN