
US Reclassifies Cannabis as Less Dangerous Drug
The US government, under the Trump administration, has reclassified certain cannabis products as a less dangerous drug. This federal order has significant implications for investors and the cannabis market, leading to both celebration and confusion.
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What the Trump administration's move to reclassify marijuana means for investors
The Department of Justice said it will immediately move FDA-approved marijuana from Schedule I to Schedule III under the Controlled Substances Act.
Read full article →The cannabis rescheduling is causing celebration — and confusion — as marijuana stocks sell off
Marijuana stocks sold off Thursday, after acting U.S. Attorney General Todd Blanche signed an order rescheduling FDA-approved and state-licensed medical cannabis products as a less harmful substance — a move that led to celebration but also confusion among industry observers.
By Bill Peters
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