Tag: reclassification

What marijuana reclassification means for the US cannabis industry

The Drug Enforcement Administration (DEA) is gearing up to reclassify marijuana in the US as a less dangerous drug, according to new reports, and cannabis company CEOs say the move has been a long time coming. In what Curaleaf CEO Matt Darin called “a historic moment” for the industry, a DEA proposal reportedly seeks to […]

DEA reclassification is a ‘critical first step’

Cannabis stocks are experiencing a surge in Tuesday’s afternoon trading session, fueled by an Associated Press report indicating that the US Drug Enforcement Administration is gearing up to reclassify marijuana as a less dangerous drug. Trulieve (TCNNF) CEO Kim Rivers joins Market Domination to provide insight into the potential implications of this news. Rivers acknowledges […]