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* HOME * MAIL * NEWS * FINANCE * SPORTS * ENTERTAINMENT * LIFE * SEARCH * SHOPPING * YAHOO PLUS * MORE... * * YAHOO FINANCE Yahoo Finance Tip: Try a valid symbol or a specific company name for relevant results TRENDING TICKERS * AMD * TSLA * PINS * SBUX * NQ=F Sign in NOTIFICATIONS TODAY * News • 3 hours ago Economists at Bank of America Corp revoked their forecast for a recession in the US. * News • 11 hours ago Starter homes are becoming more and more out of reach for many Americans OLDER * News • Aug 01, 2023 One Wall Street firm upped its S&P 500 price target to what would be a record * Breaking News • Aug 01, 2023 S&P 500 slips, Dow edges up as stocks diverge to start August * News • Aug 01, 2023 Tech leaders are starting to preach patience on AI and its eventual impact on profits * News • Aug 01, 2023 Fannie Mae says a recession is still coming at the end of the year * Breaking News • Aug 01, 2023 Stocks open August mixed amid plethora of earnings * News • Aug 01, 2023 Investors are entering August in a bullish mood * News • Aug 01, 2023 Trailing in polls, Ron DeSantis unveiled a strikingly populist plan focusing on toppling 'elites' from the Fed and C-suites * News • Jul 31, 2023 Crude oil had its biggest monthly gain since January 2022. More optimism on economic growth could keep the rally going. * Breaking News • Jul 31, 2023 Stocks close higher to end strong July, as S&P 500 and Nasdaq notch fifth-straight month of gains * News • Jul 31, 2023 The Chicago Fed’s Austan Goolsbee says he hasn't decided whether to raise interest rates or stop hiking at the Fed's next policy meeting in September. * News • Jul 31, 2023 Why the Barbie movie and Taylor Swift's concert tour matter to the 2023 economic story. * Breaking News • Jul 31, 2023 Stocks inch up to start week in run-up to tech results, jobs report * News • Jul 31, 2023 Here's what investors are betting will happen to Corporate America, profit-wise * News • Jul 30, 2023 Temperatures reached record highs across the US, but those of us going into an office still might need a sweater to tolerate the AC. Here's why. * News • Jul 30, 2023 Being the agreeable employee could be the secret to getting promoted * News • Jul 30, 2023 The legacy company is less than a year away from achieving a multiyear turnaround plan. Its slimming down has Wall Street excited. * News • Jul 30, 2023 Quarterly reports from Apple and Amazon, as well as the July jobs report are all coming in the week ahead. * News • Jul 30, 2023 With Congress on recess, talks to stave off a looming insolvency for Social Security are officially on ice, likely until after the 2024 election. * News • Jul 29, 2023 Gen Z unemployment is so bad in China that some adult children receive allowances as large as an average salary, in exchange for being a kid. * News • Jul 29, 2023 The IRS says it's stopping most home visits over concerns about employee safety and impostor scams. * News • Jul 29, 2023 The first generation to retire largely without pensions, Generation X has no guarantees of a secure retirement, a new report finds. * News • Jul 29, 2023 The banks that showed some of the biggest deposit declines during the second quarter weren’t midsize regional lenders.They were the industry’s giants. * Breaking News • Jul 28, 2023 Stocks rally to end strong week as Fed's preferred inflation gauge shows more cooling * News • Jul 28, 2023 Stocks rebounded, with the Nasdaq up 2% and S&P 500 up 1% midday as new data showed inflation continuing to cool * Breaking News • Jul 28, 2023 Stocks jump at open as data shows continued cooling in inflation * News • Jul 28, 2023 A resilient US economy is breathing new life into a dormant IPO market. * News • Jul 28, 2023 What historically happens after stocks soar through July * News • Jul 28, 2023 Why Elizabeth Warren and Lindsey Graham want a new US agency to police Big Tech * News • Jul 27, 2023 Why gas prices are going up again * News • Jul 27, 2023 Ford beat on earnings and boosted its guidance but forecast more losses in its EV unit. The stock was up after hours. * Breaking News • Jul 27, 2023 Stocks erase gains, finish sharply down; Dow snaps 13-day win streak, longest since 1987 * News • Jul 27, 2023 Rates jumped closer to 7% again. But relief may be on the way. * Breaking News • Jul 27, 2023 Tech stocks lead gains as Meta rallies and hopes rise that Fed is done raising rates * Breaking News • Jul 27, 2023 The US economy grew at a faster-than-expected pace last quarter, adding to signs that recession fears have faded * News • Jul 27, 2023 Fed boss Jay Powell knows regular people mostly care about gas prices * News • Jul 26, 2023 Fed decision: Economists react to rate hike that didn't 'rock the boat' * News • Jul 26, 2023 The Facebook parent beat on revenue and guidance, sending its stock climbing after hours * Breaking News • Jul 26, 2023 Dow rises for 13th straight day, posting best win streak since 1987; stocks split after Fed raises rates * Breaking News • Jul 26, 2023 Federal Reserve raises interest rates to highest since 2001 * News • Jul 26, 2023 Seven major automakers plan new EV charging network to rival Tesla * News • Jul 26, 2023 The Fed is expected to raise interest rates today after taking a break last month. Here's our full preview. * Breaking News • Jul 26, 2023 Stocks open lower with Fed decision, tech earnings in focus * News • Jul 26, 2023 Young Americans are driving economic optimism * News • Jul 26, 2023 Elon Musk gives ‘the middle finger’ in Twitter's X rebrand * News • Jul 25, 2023 PacWest agrees to combine with smaller rival Banc of California * News • Jul 25, 2023 The Google parent beat top- and bottom-line expectations, sending its stock up 6% in after-hours trading * News • Jul 25, 2023 Microsoft results topped estimates, but cloud revenue growth declined. The stock was down around 2% after hours. * Breaking News • Jul 25, 2023 Nasdaq leads gains, Dow notches 12th straight winning day View all notifications Mail Sign in to view your mail * Finance * Watchlists * My Portfolio * Markets * Calendars * Trending Tickers * Stocks: Most Actives * Stocks: Gainers * Stocks: Losers * Top ETFs * Futures * World Indices * Currencies * Top Mutual Funds * Options: Highest Open Interest * Options: Highest Implied Volatility * US Treasury Bonds Rates * Currency Converter * News * Latest News * Yahoo Finance Originals * Stock Market News * Earnings * Politics * Economic News * Morning Brief * Personal Finance * Crypto News * Bidenomics Report Card * Videos * Yahoo Finance Live * ETF Report * FA Corner * Yahoo Finance Plus * Dashboard * Research Reports * Investment Ideas * Community Insights * Webinars * Blog * Screeners * Saved Screeners * Equity Screener * Mutual Fund Screener * ETF Screener * Futures Screener * Index Screener * Analyst Rating Screener * Technical Events Screener * Smart Money Screener * Top Holdings Screener * Personal Finance * All personal finance * CD rates * High-yield savings account rates * Money market accounts * Checking accounts * Banking * Taxes * Rates * Crypto * Industries * Basic Materials * Communication Services * Consumer Cyclical * Consumer Defensive * Energy * Financial Services * Healthcare * Industrials * Real Estate * Technology * Utilities * Contact Us … * Contact Us U.S. markets open in 1 hour 37 minutes * S&P FUTURES 4,579.50 -21.75 (-0.47%) * DOW FUTURES 35,647.00 -110.00 (-0.31%) * NASDAQ FUTURES 15,709.50 -107.75 (-0.68%) * RUSSELL 2000 FUTURES 1,987.70 -16.30 (-0.81%) * CRUDE OIL 81.87 +0.50 (+0.61%) * GOLD 1,988.20 +9.40 (+0.48%) * SILVER 24.56 +0.23 (+0.96%) * EUR/USD 1.0975 -0.0037 (-0.3378%) * 10-YR BOND 4.0510 0.0000 (0.00%) * VIX 15.09 +1.16 (+8.33%) * GBP/USD 1.2770 -0.0017 (-0.1322%) * USD/JPY 142.9090 +0.0800 (+0.0560%) * BITCOIN USD 29,525.27 +660.08 (+2.29%) * CMC CRYPTO 200 640.15 +13.69 (+2.19%) * FTSE 100 7,595.95 -70.32 (-0.92%) * NIKKEI 225 32,707.69 -768.89 (-2.30%) ACCESSWIRE MMJ PREPARES DEA MARIJUANA LAWSUIT - DEA VIOLATED PRESIDENTIAL RESEARCH EXPANSION ACT AND CONGRESSIONAL MANDATES Read full article MMJ International Holdings Wed, August 2, 2023 at 4:00 AM EDT·3 min read FDA Sanctioned Marijuana Clinical Trials Researcher's Suit Moves To DC Appellate Court, The DEA is the Epitome Of Ineptitude WESTERLY, RI / ACCESSWIRE / August 2 2023 / Megan Sheehan, attorney for MMJ International Holdings, is preparing to file a writ of mandamus in the DC appellate court as the DEA has not responded to a 7 day demand letter for action on MMJ's 5 year old application to grow pharmaceutical marijuana to support its research. MMJ has two FDA investigational drug applications (IND's) to research its THC-CBD developed soft gelatin capsule in clinical trials for Multiple Sclerosis and Huntington's disease. https://storage.googleapis.com/accesswire/media/771672/Image-6-8-23-at-902-PM.jpeg Megan Sheehan referenced several federal laws in her warning letter to the DEA. One of the laws she cited was the Controlled Substances Act (CSA), a federal law that regulates the manufacture, distribution, and possession of certain substances, including marijuana. Sheehan also referenced the Marijuana and Cannabidiol Research Expansion Act, which was signed into law in December 2022. The law directs the DEA, National Institutes of Health (NIH) and other federal agencies to support research into the potential medical benefits and risks of cannabis and its derivatives, and includes provisions aimed at removing barriers to such research. We will get to it when we get to it? IS THE DEA A ROGUE AGENCY? In her warning letter, Sheehan argued that the DEA's failure to process MMJ's bulk manufacturing application for almost five years was a violation of both the CSA (Controlled Substance Act) and the Marijuana and Cannabidiol Research Expansion Act (MCREA). She also argued that the DEA's attitude toward the application, which was reported that they "would get to it when they get to it", was in violation of DEA policies and procedures. Duane Boise the companies President has been working to speed up the application process and had Sheehan file a motion in federal court last year against the DEA, asking the court to order the agency to process the application. In her decision Federal Court Judge McElroy said it's "not entirely clear" that the First Circuit has adopted a ruling from the D.C. Circuit that held that the court of appeals' exclusive jurisdiction over final decisions extends to cases concerning delayed determinations and dismissed the suit. But the judge noted that case law indicates that a remedy exists in the courts of appeals for MMJ's case, which is reason enough to dismiss without prejudice as the Administrative Procedure Act and Mandamus Act, thus supporting MMJ's argument. Story continues In general, the consequences for violating federal laws and regulations can include fines, penalties, and other legal sanctions. In this case, if the DEA is found to have violated the CSA or the Marijuana and Cannabidiol Research Expansion Act, it is possible that the agency could face legal consequences such as fines or court-ordered injunctions. It is also possible that the court could order the DEA to process MMJ's bulk manufacturing application and take other actions to address the agency's failure to comply with federal law. Boise has also called on lawmakers to take action to address the DEA's flagrant disregard of the law. MMJ THC- CBD DRUG Approval? MMJ, having completed the manufacturing of its THC ,CBD soft gel capsule is readying for a FDA anticipated approval to utilize the drug in human clinical trials. MMJ's clinical trials will provide patient dosing, safety, and efficacy data to the FDA to prove that cannabis can treat neurological disorders. MMJ anticipates FDA approval thus making it the first THC-CBD soft gelatin capsule approved for human consumption in clinical trials. MMJ is represented by Attorney Megan Sheehan of Rhode Island. For more information on MMJ, please visit www.mmjih.com. Contact: MMJ Madison Hisey Email: mhisey@mmjih.com 203-231-8583 SOURCE: MMJ International Holdings View source version on accesswire.com: https://www.accesswire.com/771672/MMJ-Prepares-DEA-Marijuana-Lawsuit--DEA-Violated-Presidential-Research-Expansion-Act-and-Congressional-Mandates Tip: Try a valid symbol or a specific company name for relevant results TRENDING * 1. 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