AGP Executive Report
Last update: 3 hours agoFederal Hemp CBD Policy: The White House is urging Congress to amend the law to keep hemp-derived full-spectrum CBD products legal as a broad ban looms in November, signaling a last-minute push to preserve access. Market & Tech: RollCraft (STM Canna) is rolling out a complete pre-roll fill-and-close automation line for under $30,000, aiming to bring high-volume pre-roll production within reach for smaller operators as pre-rolls keep leading by units sold. Public Company Move: Trulieve says its subordinate voting shares are approved for NYSE uplisting, expected to start trading June 10 under ticker TRLV, after federal medical marijuana rescheduling to Schedule III. Tax Pressure Watch: Michigan’s Treasury says it’s too early to judge the performance of the new 24% wholesale marijuana tax, as the industry fights the measure in court. Regulatory/Compliance: Michigan regulators flagged thousands of cannabis products with missing or improper labeling in a processor inspection, including “California packaging” issues. Local Legalization: Wyoming City Council approved two recreational cannabis business requests, including a grow site expansion and a new cannabis shop. Enforcement Abroad: Nigeria-linked claims are emerging in a cross-border cannabis case, while Antigua and Barbuda police defended a large-scale illegal grow raid and warned licensed limits won’t be tolerated.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.