Earlier in the year, the US Drug Enforcement Administration (DEA) announced a major shift in federal drug policy: reclassifying marijuana from Schedule I to Schedule III. This change follows extensive cannabis policy reform efforts by the Biden administration. According to the Associated Press, the reclassification is still pending approval from the White House Office of Manage
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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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