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Federal cannabis reclassification could bring pharmaceutical companies to Oregon’s marijuana industry

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Federal cannabis reclassification could bring pharmaceutical companies to Oregon’s marijuana industry


The Biden administration is moving to reclassify cannabis as a Schedule III drug, which would remove the plant from the “most dangerous” list and recognize that it has medical uses.

The Biden administration is working towards reclassifying cannabis as a Schedule III drug. If this is successful, cannabis will no longer be considered as one of the “most dangerous” drugs, and its medical benefits will be recognized.

Kristian Foden-Vencil / OPB

Portland attorney Amy Margolis sees the move as a way to get much-needed research on cannabis, but it could also pave the way for big pharmaceutical companies to get involved in the established industry in Oregon.

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Amy Margolis is a Portland attorney specializing in cannabis law and policy.

Amy Margolis is a Portland attorney specializing in cannabis law and policy.

Courtesy Amy Margolis

“They’re the ones who will be legally operating if they follow the final rules produced by the FDA and the standard FDA approval and sales process for pharmaceuticals,” Margolis says. “It certainly injects a concern that now we have real big pharmaceutical interests involved in the cannabis market.”

Margolis runs Margolis Legal, a Portland law firm that works with clients in the cannabis industry. She says this proposal doesn’t do what many in the industry have been advocating for; removal of cannabis from the schedule of illegal drugs entirely.

“I think it’s a remnant of the drug war, ” she says. “I think it’s kind of outdated perspectives on cannabis being a hard drug.”

Margolis spoke with OPB “All Things Considered” host Geoff Norcross:

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Geoff Norcross: Basically speaking, the Biden administration is saying they want to officially recognize that cannabis is not as dangerous as the most dangerous drugs. Isn’t that a good thing?

Amy Margolis: Theoretically, that’s a good thing. We’ve long known that cannabis is not dangerous, should be treated like alcohol, which this does not do. But in theory, yes, that’s a good thing. How it impacts the market? We’re not so sure.

Norcross: Okay, what could happen?

Margolis: So what this did is it sent over the reclassification recommendation to the FDA to essentially rule make around it. And from my perspective, and I think the perspective of many of my peers, this simply opened up a pathway for pharmaceutical companies to get involved in the cannabis industry, whether through the development and sales of pharmaceutical cannabis or through the research component.

Norcross: And what would that mean for the local market, which doesn’t have a lot of big players like the pharmaceutical industry in it?

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Margolis: Other than the DOJ, there was not too much outside interests who might care if prosecutions were happening, who might care if statewide industry is developing. I think the risk for Oregon — and this is sort of a worst-case scenario — is that pharmaceutical companies can now get involved. They’re the ones who will be legally operating if they follow the final rules produced by the FDA and the standard FDA approval and sales process for pharmaceuticals. Now you have a player beyond just the Department of Justice who could have some interest in owning that market. It certainly injects a concern that now we have real big pharmaceutical interests involved in the cannabis market. And they’re the only ones who can lawfully operate.

Norcross: One of the big problems for the cannabis industry here has been the lack of banking services or tax breaks that other businesses get. Would this move by the federal government this week change any of that?

Margolis: I think it remains to be seen. You know, the banking industry will look at this, federal regulators will look at this, and try and decide if this clears up the legality around the state licensed recreational and medical markets. And I do not believe this move by the Biden administration does that. I don’t believe it legalizes on a federal level what is currently happening in this state. And that is, aside from federal legislation, the path forward to safe banking.

Norcross: You touched on this a little bit earlier, that what the federal government could have done was to treat cannabis like it’s alcohol, and let an entirely different federal agency, the ATF, oversee its use and the regulations around it. I’m wondering if the Biden administration may have missed an opportunity to go all the way and just take it off the schedule of drugs entirely.

Margolis: I think “missed an opportunity” is how the industry will view it. I mean, the industry in Oregon and across the country has been advocating for cannabis to be declassified and not reclassified. And I think the Biden administration knows that and instead chose to go this direction. I think it’s a remnant of the drug war and I think it’s kind of outdated perspectives on cannabis being a hard drug. We’ll see if this is maybe the first step, but I’m concerned that, for the federal government, first steps can last a long time.

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Norcross: Do you see any upside for the industry here in Oregon, if cannabis is reclassified in this way?

Margolis: I do think the upside is, you know, we have in the industry been talking about research and cannabis for a long time. And this does open the door to that, which I think will be a positive, even if it’s only a financial benefit to those in the pharmaceutical industry.

Click on the audio player above to hear the whole conversation.



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Oregon

How Wisconsin Badgers logistically pulled off extended West Coast trip

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How Wisconsin Badgers logistically pulled off extended West Coast trip


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  • Wisconsin has taken time zone changes into account when planning West Coast trips like the recent one to Oregon and Washington.
  • Oregon and Washington were ‘super hospitable’ to the Badgers when they were traveling from Feb. 23-28.
  • Wisconsin’s Lindsay Lovelace and Eli Wilke have done a “really good job” in their operations roles.

SEATTLE – Wisconsin men’s basketball’s day that ended with a resounding 90-73 win over Washington did not exactly have a resounding start.

After loading the bus at the team’s downtown Seattle hotel before the Feb. 28 game roughly four miles away at Alaska Airlines Arena, there was a slight issue.

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The bus broke down.

But the Badgers had another bus and were only delayed “maybe 10, 15 minutes at the most.”

“All the managers and everybody moved all the bags onto the other bus,” said Lindsay Lovelace, Wisconsin’s assistant director of basketball operations. “So thankfully we had that second bus, and then the bus company did a really good job of getting us another one really fast.”

Wisconsin’s quick pivot was part of the extensive efforts that have gone into an extended road trip like what the Badgers recently concluded against Oregon and Washington.

“Knowing where we’re going, we reserve flights in July and August,” Lovelace said. “Once we finalize game times and stuff, then we can finalize our flight times and everything. And then I started booking hotels for every trip in September-ish, I would say – September, early in October.

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“It kind of starts with those big pieces, and then about a month, month-and-a-half out, we start doing meals and scheduling with itineraries.”

The pair of West Coast games made for a six-day, five-night trip as the Badgers played at Oregon on Wednesday, Feb. 25, and at Washington on Saturday, Feb. 28. It was just UW’s second time this season staying on the road between road games, albeit not nearly as long as the 11-night stay in Salt Lake City and San Diego in the nonconference schedule.

“It seems like it’s a big trip, but it’s essentially just two trips, two days each basically,” said Eli Wilke, who is in his first season as Wisconsin’s operations coordinator after previously working as a graduate manager.

As UW did for the Salt Lake City/San Diego trip earlier in the season and the Los Angeles trip last season, the Badgers arrived two days before the first game instead of the typical one day for shorter road trips on the Big Ten schedule.

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“We all decided that it’s just the best to get out there one night earlier, try and get their sleep adjusted as best as possible and then give them a day to sleep in and get up and then practice,” Lovelace said.

Lovelace, who has been in her role since 2021, had the benefit of leaning on last season’s Los Angeles trip and past postseason trips. But the Oregon-Washington trip marked the Badgers’ first road game at Washington since 1955, and it was the Badgers’ first regular-season road game at Oregon since 1990.

The Badgers did have a blueprint for traveling to Eugene following their 2023 NIT game against the Ducks. This trip naturally allowed for much more planning time, too, than a postseason game.

“I said to [UW general manager] Marc [VandeWettering], ‘I remember liking the hotel that we stayed at for the NIT,’” Lovelace said. “And he agreed. The food was good, and the setup they had was really good. It was pretty close to the arena.”

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Lovelace also turned to her counterparts who work with Wisconsin football and volleyball, which have similarly been adjusting to the new Big Ten cities. UW volleyball made its first trip to Seattle during the 2025 season, and both UW football and volleyball played in Eugene.

“I talked to John [Richter, UW’s director of football operations] a little bit, but a lot with Jess Williams from volleyball,” Lovelace said. “And she kind of gave me some pointers on traffic and making sure you plan ahead for Seattle because traffic can be really busy at times.”

Wisconsin’s men’s basketball operations staff got a helping hand, too, from Oregon and Washington’s operations personnel.

“Especially with these West Coast trips, these teams are used to it now with these teams doubling up,” Wilke said. “Because they’re all super hospitable and trying to help us out.”

That hospitality includes everything from laundry service to logistical information such as parking and practice options.

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Wisconsin secured two practice times in the two days leading up to the Wisconsin-Washington game at Alaska Airlines Arena. The Badgers practiced at Matthew Knight Arena in Oregon the day before and had a shootaround the day of the very late game.

The Badgers were at the mercy of whenever Alaska Airlines Arena was available, though, which turned out to be on a Thursday evening and Friday evening before a Saturday early-afternoon game.

“We know that we really have to be flexible on what they give us,” Lovelace said. “I think everybody wanted to practice at Alaska Airlines Arena. … If we wanted to have an earlier practice, we could have looked elsewhere for gym time, too.”

Washington provided laundry service for Wisconsin on the Badgers’ first night in Seattle. The courtesy is not something to be taken for granted either after what nearly happened when the Badgers traveled to San Diego.

“I was looking at all the laundromats,” Wilke said, following the suggestion of the tournament organizers.

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That’s when Nick Boyd – UW’s team leader in points and assists – delivered a big off-the-court assist after playing with his connections at San Diego State, where he played in 2024-25 before transferring to the Badgers.

“Nick connected with one of his old managers, who connected with the current manager at San Diego State and helped connect us with their equipment person who was willing to help us out,” Wilke said. “We got lucky with Nick there.”

The extended trips often come with a larger travel party and the added responsibility of managing logistics for non-basketball excursions. The activities help “keep guys fresh and keep loose,” Wilke said.

The San Diego trip earlier in the season involved a visit at the zoo. The year before, Wisconsin went to an NBA game while in Los Angeles for the USC and UCLA games. This time, UW toured a joint military base in the Seattle-Tacoma region on Feb. 27.

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This is Lovelace and Wilke’s first season spearheading Wisconsin’s men’s basketball operations together. VandeWettering was the team’s director of basketball operations for eight seasons before being promoted to a new general manager role in the summer.

UW then promoted Wilke to operations coordinator, all while he continues to finish his master’s degree in sports leadership. He has yet to miss an assignment although he does “cut it very close.” When Wisconsin played Iowa on Feb. 22, he had an assignment due that day.

“I was writing my paper as our guys were doing pregame warmup shots,” Wilke said. “One of the event staff was just laughing behind me because they saw me. I’m just typing away.”

Coordinating operations specifically at a place like Wisconsin “makes my life easier,” Wilke said.

“I don’t really have to worry about guys forgetting things because they’re pretty on top of it,” Wilke said. “I think that’s kind of how the culture of the program’s been over the last few years.”

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Even when life is not so easy – an already-loaded bus uncharacteristically breaking down might be one of the top examples – UW’s operations duo has earned rave reviews.

“There’s a lot of moving parts, and there’s going to be hiccups,” VandeWettering said. “And I think you just got to understand that there are going to be things beyond your control, and you just got to be able to roll with it. I think they’ve both done a really good job of continuing to do that to the best of their ability.”



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Oregon

Oregon Lottery Pick 4 results for March 1

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The Oregon Lottery offers several draw games for those aiming to win big.

Here’s a look at March 1, 2026, results for each game:

Winning Pick 4 numbers from March 1 drawing

1PM: 4-1-6-1

4PM: 6-5-5-6

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7PM: 2-1-9-9

10PM: 6-2-5-4

Check Pick 4 payouts and previous drawings here.

Feeling lucky? Explore the latest lottery news & results

When are the Oregon Lottery drawings held?

  • Powerball: 7:59 p.m. on Monday, Wednesday and Saturday.
  • Mega Millions: 7:59 p.m. on Tuesday and Friday.
  • Pick 4: 1 p.m., 4 p.m., 7 p.m. and 10 p.m. daily.
  • Win for Life: 7:30 p.m. on Monday, Wednesday, and Saturday.
  • Megabucks: 7:29 p.m. on Monday, Wednesday, and Saturday.

This results page was generated automatically using information from TinBu and a template written and reviewed by an Oregon editor. You can send feedback using this form.



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Editorial: A legislative ‘solution’ that only creates more loopholes

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Editorial: A legislative ‘solution’ that only creates more loopholes


Legislators are bypassing a straightforward solution that would help ski resorts and other recreational providers stave off lawsuits claiming minor negligence and instead are overcomplicating the picture, the editorial board writes. Lawmakers should follow the example of other states rather than create its own path.



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