US Reclassifies Marijuana as Less Dangerous Drug, Sparks Industry Reaction
The US government has officially reclassified certain marijuana products as a less dangerous Schedule III drug, a move initiated by the Trump administration. This change, while not federal legalization, has significant implications for medical cannabis, investors, and the broader industry, 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
Read full article →Trump administration reclassifies cannabis as less dangerous - the-star.co.ke
Trump administration reclassifies cannabis as less dangerous the-star.co.ke
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