Village Farms Is Only Cannabis Operator Selected To Represent Weed Industry At DEA Rescheduling Hearing
Village Farms International, Inc. (NASDAQ:VFF) has been selected as the only cannabis plant-touching operator to testify at the Drug Enforcement Administration’s (DEA) Administrative Law Judge (ALJ) hearing on rescheduling cannabis.
Out of 25 participants, Village Farms, a US-based leader in controlled-environment agriculture, will be the only cannabis operator providing insights on the potential reclassification of marijuana from a Schedule I to a Schedule III drug under the Controlled Substances Act.
The hearing is expected to take place in January or February 2025, following preliminary proceedings in December.
Village Farms’ Unique Position
In a statement, Village Farms president and CEO Michael DeGiglio talked about the importance of this event, calling it “one of the most important movements in health and wellness in our lifetime.”
DeGiglio continued, “The benefits of regulated cannabis are being increasingly embraced by other countries across the globe… It is long overdue for U.S. policymakers to accept the majority will of the American public and enact commonsense reform that fixes the broken system of criminalization we have today.”
Representing the company at the hearing will be Dr. John Harloe, Global Cannabis General Counsel, who has …