Business
Descheduling Marijuana – The Holy Grail of the Cannabis Industry Gets a Bipartisan Push to President Biden
Republicans and Democrats push Biden to Deschedule Marijuana from the CSA
While the Biden administration investigates marijuana’s federal scheduling, a bipartisan group of congressional members is urging the president to openly support outright legalization. Recently, a letter which is slated to be addressed to President Joe Biden and key cabinet officials was obtained by Marijuana Moment.
The Congressmen stated in the letter that while they applaud the directive of the scheduling review, the administration should embrace the virtues of full descheduling. The letter states that while the congressmen don’t always agree on specific policies, they realize across the aisle that prolonged federal criminalization and prohibition of cannabis do not mirror the desires of the larger American population. It is past time for the Biden administration’s agenda to adequately reflect this reality.
As Politico first reported, current signatories, include Congressional Cannabis Caucus co-chairs Reps. Earl Blumenauer (D-OR), and Sen. Elizabeth Warren (D-MA), Dave Joyce (R-OH), Brian Mast (R-FL), and Barbara Lee (D-CA). More signatures will still be needed before the letter is finished in the following days.
In their letter to the president, the lawmakers explained that cannabis does not belong in the Controlled Substances Act Schedule I class. The class is reserved for exceedingly dangerous substances with a high potential for misuse and no medicinal purpose. The decision to schedule cannabis was based on stigma rather than evidence, and it is time to right this injustice.
According to the letter, descheduling cannabis can uphold state and federal power to regulate cannabis while simultaneously granting states the right to continue criminalizing cannabis production and sales. The letter also notes that the House has twice supported proposals to federally legalize, regulate and tax cannabis.
Additionally, discriminatory scheduling of cannabis and standardizing federal cannabis regulations go hand-in-hand—like eliminating prohibitions and placing a greater burden on researchers trying to study cannabis relative to other Schedule I drugs. The federal government must end this criminalization and ban otherwise legal marijuana.
This will allow meaningful research to progress, creating legal employment opportunities, promoting public safety rather than unjust incarceration, and preserving established government oversight of cannabis taxation, production, and sales. The letter further explains that the need for federal guidance and legislative action on many of these facets must be considered. Still, all sections of the federal government must acknowledge the importance of the descheduling of cannabis. These federal sections also need to do so in a way that respects state sovereignty, the markets and laws within each state’s purview to establish.
The coalition is distributing this letter as leaders in congress race against time to pass more constricted cannabis banking and expungement legislation during the lame-duck session.
A Last Ditch Effort
According to a senior Senate Democratic aide, Senate Majority Leader Chuck Schumer (D-NY) is “making a last-ditch effort” to incorporate the incremental reform in impending omnibus appropriations legislation. However, key figures like Sen. John Cornyn (R-TX) and Senate Minority Leader Mitch McConnell (R-KY) have been obstacles.
Advocates would obviously want to see greater legalization adopted sooner rather than later. Still, it has become clear that the Senate needs more backing to secure the requisite 60 votes for approval. The letter to Biden does not necessarily request that he take unilateral action to repeal the prohibition. Still, his support for the issue may make a significant difference. So far, the president has supported decriminalization and allowing states to choose their own rules. Still, he has been unwilling to endorse federal legalization.
The coalition claims that descheduling is required to eliminate the damaging federal cannabis prohibition and assist law enforcement officials in giving the public’s safety the priority it deserves. Descheduling also creates an opportunity for taxing and regulating commercial cannabis activity, which is the most practical way to alleviate the legal uncertainties that small businesses face in jurisdictions with regulated cannabis markets.
The coalition anticipates that the Departments of Justice and Health and Human Services will continue to work quickly to carry out your ordered review of marijuana’s scheduling. The importance of full descheduling should guide the Administration’s approach to comprehensive cannabis reform. At the same time, Congress works to give you comprehensive cannabis legislation. The continual inappropriate scheduling of marijuana is both esoteric and out of step with what the American people want. To take this important action, the coalition hopes the Biden Administration will cooperate openly and constructively with Congress.
A Reply To The Undated Letter
CCed on the undated letter is U.S. Secretary of Health and Human Services (HHS) Xavier Becerra, who recently tweeted a hyperlink to a Marijuana Moment article about the president’s administrative cannabis scheduling policy. “We’re going to evaluate what scientific evidence tells us,” said Becerra, a former congressman and California attorney general who has long advocated for cannabis legalization, at a recent overdose prevention conference. “That will guide our actions, and we hope it will guide the actions of the federal government.”
Following the president’s announcement of cannabis pardons and scheduling, the secretary stated that the department would act as swiftly as possible to complete the scientific study. He also mentioned that there’s been a discussion with the commissioner of the Food and Drug Administration (FDA). The congressmen’s letter is also CCed to Attorney General Merrick Garland, whose Department of Justice oversees the scheduling review.
Meanwhile, the White House drug czar recently stated that the president’s action was “historic,” and that cannabis has obvious medical benefits. Like HHS, the DOJ has committed to expediting the separate scheduling study requested by the president, which may result in a proposal to place cannabis on a lower schedule or remove it entirely, thus legalizing cannabis under federal law.
Conclusion
Furthermore, following his federal clemency action, Biden recently applauded the governor of Oregon’s decision to pardon thousands of marijuana offenders this month. Additionally, he advises other states to “follow Oregon’s example. This month, the president also formally enacted the nation’s first separate federal cannabis reform law by signing a bill on marijuana research into law.
Numerous polls have also revealed that Americans firmly support the president’s pardon decision. These polls also show that Americans don’t believe marijuana should be listed as a Schedule I substance by the federal government.
Business
Jio’s 1,600-Satellite LEO Constellation Gets Technical Green Light
Reliance Jio has crossed a significant milestone in its space connectivity ambitions after its proposal to deploy a Low Earth Orbit (LEO) satellite constellation of around 1,600 satellites received a positive technical assessment from the Indian National Space Promotion and Authorisation Centre (IN-SPACe).
The evaluation, conducted jointly by IN-SPACe, the Indian Space Research Organisation (ISRO), and the Wireless Planning and Coordination (WPC) wing of the Department of Telecommunications, reportedly concluded that Jio’s proposed system meets the required technical standards and is comparable to leading global satellite broadband networks.
India’s Indigenous LEO Satellite Vision
Under the proposal, Reliance Jio plans to deploy between 1,600 and 1,650 satellites in Low Earth Orbit at an altitude of around 650 kilometres.
The planned constellation is expected to provide high-speed satellite connectivity across India, with approximately 32 satellites visible from any location at a given time. The company aims to roll out the network within the next two to three years, subject to regulatory approvals.
According to industry estimates, the satellite system could deliver 4.5 to 5 terabits per second (Tbps) of total data capacity, making it one of the largest satellite broadband projects proposed in India.
The project is expected to require an investment of $10–15 billion (approximately ₹95,000 crore to ₹1.42 lakh crore), reflecting the scale of infrastructure needed for satellite manufacturing, launches, ground stations, and user terminals.
Regulatory Process Moves Forward
Following the successful technical review, the proposal is expected to move into the next phase of regulatory approvals.
The government may now assist Jio in securing orbital slots, coordinating spectrum usage, and filing applications with the International Telecommunication Union (ITU), the global body responsible for managing satellite orbit and frequency allocations.
Obtaining orbital rights remains a critical step, as Low Earth Orbit has become increasingly competitive due to the growing number of satellite broadband projects being planned worldwide.
Officials also indicated that the proposed satellite architecture has been designed to coexist with future Indian LEO constellations, allowing multiple domestic operators to share orbital resources efficiently.
Broadband, Mobile Connectivity, and Strategic Applications
Jio plans to use the satellite network to provide a range of communication services, including satellite broadband, mobile backhaul, enterprise connectivity, and direct-to-device (D2D) satellite communication, particularly in remote and underserved regions where conventional telecom infrastructure is limited.
The company also intends to establish 20 to 22 ground stations across India to support network operations.
Apart from commercial telecommunications, officials have highlighted the project’s potential strategic importance. A domestically developed satellite constellation could strengthen India’s communication infrastructure, reduce dependence on foreign satellite operators, and support national security requirements.
Reports suggest preliminary discussions are underway regarding the possibility of integrating defence-related payloads into some satellites, enabling both civilian and strategic use.
Major Step for India’s Space and Telecom Sectors
Industry analysts view the technical clearance as an important milestone in India’s expanding private space ecosystem. If Jio secures the remaining regulatory approvals and international orbital clearances, the project could become the country’s first large-scale indigenous LEO satellite broadband network.
The initiative also aligns with India’s broader efforts to expand digital connectivity while strengthening its presence in the global satellite communications market.
Business
Alleged Crores Pharma Scam Mastermind Arrested from Surat
After evading law enforcement for nearly 13 years, an accused linked to a large-scale pharmaceutical fraud case has been arrested by Delhi Police from Surat, Gujarat. The suspect is alleged to have orchestrated a series of financial scams involving fake identities, forged documents, and dishonoured cheques used to procure high-value pharmaceutical raw materials.
Authorities say the accused, identified as Himmat Singh Lodha, is believed to have defrauded multiple pharmaceutical companies in Delhi of goods worth approximately ₹98 lakh before disappearing and remaining underground for years.
Fake Business Deals and Dishonoured Cheques Used in Fraud
Investigators claim the accused posed as a legitimate pharmaceutical trader and placed bulk orders for expensive drug ingredients, offering post-dated cheques as payment security.
In one documented case from 2013, he allegedly obtained around 550 kilograms of Gliclazide, a diabetes-related pharmaceutical ingredient, valued at over ₹26 lakh. When suppliers attempted to encash the cheques, they were reportedly returned with the remark “account closed.”
Following the transaction, the accused allegedly vacated his office and rented residence and disappeared without settling payments. He was later declared a proclaimed offender in 2016 after repeatedly failing to appear before court proceedings. Authorities had also issued a reward for information leading to his arrest.
Multiple Identities and Repeated Fraud Pattern
Police investigations further link the accused to another cheating case dating back to 2012, where he allegedly used a fake identity, “Kailash Jain,” to obtain a large consignment of Ambroxol HCL, a pharmaceutical compound used in cough medications. The value of that consignment was estimated at around ₹72 lakh.
Officials believe the accused followed a consistent modus operandi—posing as a credible businessman, securing high-value goods on deferred payment terms, and then disappearing after delivery while shutting down business operations.
Investigators suspect that forged business records, fake company credentials, and fabricated financial histories were used to build trust with suppliers and gain access to expensive raw materials.
Multi-State Surveillance Leads to Arrest in Surat
A special Crime Branch team tracked the accused through coordinated surveillance efforts across multiple cities, including Mumbai, Ahmedabad, and Surat. After nearly a month of technical monitoring and intelligence gathering, officials located and arrested him from a residential area in Surat.
Authorities also revealed that the accused had been involved in property-related activities while staying under the radar to avoid detection.
Growing Threat of Corporate Identity Fraud
The case highlights a rising trend of organised financial fraud targeting industries that rely heavily on trust-based transactions and deferred payments. Experts note that criminals increasingly exploit gaps in corporate verification systems by using fake GST registrations, temporary offices, and forged documentation to appear legitimate.
Cybercrime and financial fraud specialists warn that such schemes are becoming more complex with the widespread availability of digital business tools, making it easier to create convincing but fraudulent corporate identities.
Experts Urge Stronger Due Diligence in High-Value Transactions
Experts, including former IPS officer and cybercrime specialist Prof. Triveni Singh, emphasize the need for stricter verification procedures in commercial dealings. He noted that relying solely on paperwork or digital business profiles can expose companies to significant financial risk.
Authorities and industry experts recommend physical verification of business operations, bank account validation, and detailed background checks before engaging in high-value or deferred-payment transactions—particularly in sectors like pharmaceuticals, where single consignments can involve transactions worth crores.
Business
EU Pressure Builds on Google as Regulators Face Calls for Massive Fine Over Search Practices
A growing coalition of European industry groups is intensifying pressure on regulators to take decisive action against Google over allegations of unfair search practices that could reshape competition rules across the region’s digital economy.
Investigation Under Digital Markets Act Gains Momentum
The case is being examined by the European Commission under the European Union’s landmark Digital Markets Act (DMA), introduced to curb the dominance of major technology platforms and ensure fair competition.
Launched in March 2024, the investigation focuses on whether Google has been prioritising its own services in search results, potentially disadvantaging rival businesses that rely on online visibility to reach customers.
Industry Groups Demand Swift Action
Several prominent European organizations have jointly urged regulators to conclude the probe without further delay. They argue that prolonged investigations allow alleged anti-competitive practices to continue, putting European companies—especially startups—at a disadvantage.
Signatories include the European Publishers Council, the European Magazine Media Association, the European Tech Alliance, and EU Travel Tech.
In a joint statement, these groups warned that delays in enforcement are affecting innovation, profitability, and growth prospects for regional businesses competing in digital markets.
Google Denies Allegations
Google has rejected claims of bias, stating that its search algorithms are designed to deliver the most relevant and useful results to users. The company has also proposed adjustments to address regulatory concerns.
However, critics argue that these changes are insufficient and fail to address the core issue of market dominance.
Potential Billion-Euro Penalties
If found in violation of the DMA, Google could face significant financial penalties. Under EU rules, fines can reach a substantial percentage of a company’s global turnover, potentially amounting to billions of euros.
Regulators may also impose corrective measures requiring changes to business practices, which could have long-term implications for how digital platforms operate in Europe.
Wider Implications for Big Tech
The case highlights ongoing tensions between European regulators and major U.S. technology firms. In recent years, the EU has taken a more aggressive stance in enforcing competition laws, aiming to create a level playing field for local businesses.
A final ruling against Google could set a major precedent, influencing future enforcement actions and shaping the regulatory landscape for global tech companies operating within Europe.
As scrutiny intensifies, the outcome of the investigation is expected to play a critical role in defining the future of digital competition across the European Union.
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