When is President Donald Trump going to reclassify marijuana – and what will the major change in federal drug policy mean for the $32 billion legal U.S. cannabis industry?
The president gave little insight on the first point in comments this week. But on the second, the implications of downgrading cannabis to a Schedule 3 drug are profound – and could provide a boost to every plant-touching business in the country and beyond.
ADVERTISEMENT
On Monday, the president confirmed earlier reporting that he’d told attendees at a $1 million per plate fundraiser he plans to revisit the Biden-era proposal, on indefinite pause January, to relax federal restrictions on cannabis.
“We’re looking at it,” said Trump, noting that expects to determine whether cannabis will be
Read full article on Marijuana Business Daily
