Following numerous bankruptcies of marijuana businesses, Health Canada announced on March 25 that it is considering cutting regulations on the industry. Growers, wholesalers, and retailers are blaming federal taxes and regulations for ruining the licensed cannabis industry, as first reported by Blacklock’s Reporter. “The legal cannabis industry has matured, the marketplace has evolved, and there…

Commentary We have seen several banks fail in the last few days. The failures seemingly came out of nowhere. However, there are a few commonalities among the banks that failed. I will try and connect some dots for you. I listened to a livestream from law firm Foley and Lardner. Partner Pat Daughterty said that all three…

Two House Democrats proposed a measure on Tuesday that would tighten regulations for trains carrying hazardous materials in response to the train derailment in East Palestine, Ohio, last month. Reps. Ro Khanna (Calif.) and Chris Deluzio (Pa.) introduced the Decreasing Emergency Railroad Accident Instances Locally (DERAIL) Act after residents of their states were left worried about their safety and…

Missouri’s Republican congressional delegation sent a letter to the Environmental Protection Agency requesting an immediate stop to a new Waters of the United States rule. The letter was signed by Sens. Josh Hawley and Eric Schmitt and Reps. Ann Wagner, Eric Burlison, Sam Graves, Blaine Luetkemeyer, Jason Smith, and Mark Alford. The legislators wrote the…

A law enacted in 2015 to reduce federal red tape imposed on Canadians and small businesses has achieved little, says a report by the Treasury Board of Canada Secretariat. Released in December, the agency’s “Report on the Internal Review of the Red Tape Reduction Act” states that there is a “disconnect” between what the law…

A book of federal rules and regulations was expanded by 45 percent in 2021, according to a new report from the Competitive Enterprise Institute (CEI). Last year, the Biden administration added 4,429 new rules (pdf) to the Federal Register, a public record containing regulatory documents for general applicability and legal effect. The last time this…

A book of federal rules and regulations was expanded by 45 percent in 2021, according to a new report from the Competitive Enterprise Institute (CEI). Last year, the Biden administration added 4,429 new rules (pdf) to the Federal Register, a public record containing regulatory documents for general applicability and legal effect. The last time this…

News Analysis Beijing is set to implement a new law on July 1 prohibiting passengers from bringing certain items onboard a train. China observers believe the law will allow the Chinese regime to further tighten control over its population. Under the new law, railway passengers are only allowed to bring a certain amount of personal…

OTTAWA—Health Minister Jean-Yves Duclos has put a six-month pause on new regulations designed to lower the cost of patented medicines in Canada. Health Canada first announced the changes in 2019 to protect Canadians from excessive drug prices, but the government has repeatedly delayed implementing the rules. The regulations were supposed to come into force at…

Commentary California is the worst state in the union for doing business—again. For the second year running, California ranked dead last in a survey of chief executives regarding the best and worst states to run companies. Even though California is home to the Port of Los Angeles, Silicon Valley, Hollywood and Napa Valley—all best-in-class for…