Amazon Q2 Earnings Beat Estimates as AWS AI Growth Surges, But Q3 Revenue Forecast Disappoints 
Nike China Strategy to Lift Margins Despite $1 Billion Sales Hit, Bernstein Says 
SpaceX Wins $1.6 Billion U.S. Space Force Launch Contracts for Falcon 9 Missions Through 2027 
Holcim Raises 2026 Outlook After Strong Q2 Earnings Beat 
World game at war: why some European nations have threatened a World Cup boycott 
Colgate-Palmolive Reaffirms 2026 Sales Outlook Despite Weak North America Demand 
Capital One Says AML Review Led to Closure of Trump Organization Accounts 
Arm Holdings Q1 Earnings Beat Estimates, Strong Q2 Outlook Fails to Lift ARM Stock 
Microsoft Stock Jumps as Azure Growth, AI Revenue Beat Expectations 
Sony Raises Full-Year Outlook After Q1 Profit Jumps 40% on Gaming and Chip Growth 
Warner Bros. Discovery Shares Rise as Newsom Pushes Settlement in $110 Billion Merger Fight 
Anthropic Reveals Claude AI Accessed Real Production Systems During Cybersecurity Tests 
T-Mobile Executives Reportedly Oppose $300 Billion Deutsche Telekom Merger 
Tesla Weighs China Business Separation Amid SpaceX Merger Speculation 
Apple Q3 Earnings Beat as Record iPhone Sales Offset Services, China Weakness 
WestJet Cancels 86 Flights as CUPE Strike Threat Disrupts Travel 
Chipotle Q2 Earnings Beat Expectations as Sales Growth Drives Higher 2026 Outlook 
Washington, D.C., April 19, 2018 -- Senate Minority Leader Chuck Schumer announced today that he will soon be introducing legislation that would remove marijuana from the list of federally controlled substances so that states could adopt their own cannabis programs.
“We agree with Senator Schumer that this legislation is long overdue and commend his leadership as the Senate’s top Democrat to finally modernize our nation’s marijuana policies. Removing cannabis from the federal Controlled Substances Act will allow states to continue to successfully regulate cannabis, undermine criminal markets, create new economic opportunities, and will pave the way to much-needed research into the therapeutic potential of cannabis,” National Cannabis Industry Association (NCIA) Executive Director, Aaron Smith, stated in response to the announcement.
“We look forward to working with Sen. Schumer and his colleagues in Congress to advance federal legislation that will allow our industry to reach its full potential as one of America’s fastest growing business sectors,” Smith added.
Twenty-nine states and the District of Columbia have legalized the medical use of cannabis and nine states and D.C. permit the use of cannabis by adults over 21. An impressive 64 percent of Americans believe that cannabis should be made legal, while a national poll conducted in January found that 70 percent of Americans oppose federal interference in state marijuana laws.
As the nation’s largest cannabis trade association, NCIA represents over 1,500 businesses serving the legal cannabis industry. Hundreds of NCIA members will descend on Washington, D.C. May 21-23 for NCIA’s 8th Annual Cannabis Industry Lobby Days to educate lawmakers on the social and economic benefits of regulating cannabis and to share the challenges they face due to the conflict between state and federal laws.
###
The National Cannabis Industry Association (NCIA) is the largest cannabis trade association in the U.S. and the only one representing cannabis businesses at the national level. NCIA promotes the growth of a responsible and legitimate cannabis industry and works toward a favorable social, economic, and legal environment for that industry in the United States.
Lisa Dannen National Cannabis Industry Association (303) 223-9727 [email protected]
