Minnesota's Office of Cannabis Management is gearing up for its inaugural lottery to distribute licenses for cultivating, processing, and selling cannabis. The office has recently released data on the applicants and their backgrounds, revealing that military veterans and individuals with prior marijuana convictions are the largest groups applying for social equity status.Social
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Recently, the Biden administration has announced plans ease federal
restrictions on Cannabis. This would be accomplished through the
reclassification of the cannabis from a Schedule I substance to Schedule III under the
Controlled Substances Act (CSA).Here are some of the potential benefits of the reclassification:Economic & Regulatory Impact:
Businesses in the cannabis in
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