Morgan Paxhia

Mar 1, 2024 | kiplinger.com | Morgan Paxhia

Six months have passed since the Department of Health and Human Services (HHS) formally recommended the reclassification of cannabis under the Controlled Substance Act (CSA). Still, there is no word as to when or if the U.S. Drug Enforcement Agency (DEA) will carry out the department's request and classify cannabis as a Schedule III substance.

Feb 2, 2024 | kiplinger.com | Morgan Paxhia

The rising popularity of Dry January among younger Americans may benefit weed sales and the growing cannabis industry. During this year's month-long adult beverage abstinence trend, sales at three of the largest U.S. liquor chains hit a post-pandemic low. More specifically, alcohol sales fell by 52% in the first week of the year, the most on record. In lieu of alcohol consumption, 34% of adults between 21 and 24 years old and 24% of adults between 25 and 34 years old use CBD or cannabis products.

Dec 8, 2023 | kiplinger.com | Morgan Paxhia

The year is nearly coming to a close and little federal progress has been made regarding the legalized cannabis industry. In August, the U.S. Department of Health and Human Services (HHS) formally recommended reclassifying cannabis as a Schedule III controlled substance. Four months later, it is unclear if the Drug Enforcement Agency (DEA) will heed the advice of the HHS or wait until the first quarter of the new year to reschedule cannabis under the Controlled Substance Act.

Nov 10, 2023 | kiplinger.com | Morgan Paxhia

Ohio's legalization efforts could be facing an uphill battle following a celebratory election night. On November 7, Ohioans overwhelmingly approved Issue 2, a proposal to commercialize, regulate, legalize and tax the adult use of cannabis. The approval of Issue 2 should be a moment to celebrate as freedom and democracy push forward. However, this enthusiasm is tempered a bit by the reminder that the journey of legalized cannabis use is a continued slog that requires constant effort and support.

Oct 20, 2023 | kiplinger.com | Morgan Paxhia

The legalization of recreational weed is up for a vote in The Buckeye State. Election Day is approaching in Ohio and residents of the battleground state have the opportunity to approve Issue 2. The proposed ballot measure, sponsored by the Coalition to Regulate Marijuana Like Alcohol, would allow adults over 21 years old to possess 2.5 ounces of cannabis and up to 15 grams of cannabis concentrates for recreational use.