Tag: rescheduling

3 Stocks That Will Benefit the Most From Cannabis Rescheduling

The Drug Enforcement Administration is looking to reschedule marijuana from a Schedule I substance down to Schedule III. The move would mean marijuana is no longer grouped in with ecstasy, heroin, and other harmful substances, and it would be a recognition that there is some medicinal benefit to using pot. For U.S.-based cannabis companies, it […]

Justice Department takes ‘major step’ toward rescheduling marijuana

WASHINGTON — The Justice Department took a significant step toward rescheduling marijuana Thursday, formalizing its process to reclassify the drug as lower-risk and remove it from a category in which it has been treated as more dangerous than fentanyl and meth. President Joe Biden announced the “major” move in a direct-to-camera video posted to his […]