Trump administration considers reclassifying marijuana

economictimes.indiatimes.com

President Trump is considering an executive order to reclassify marijuana from Schedule I to Schedule III, potentially impacting the cannabis industry. This reclassification would ease federal restrictions, unlock research funding, and improve banking access for cannabis businesses, aligning it with substances like Tylenol with codeine. The Drug Enforcement Administration will ultimately decide on the reclassification, following a recommendation from the Department of Health and Human Services.


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Trump administration considers reclassifying marijuana | News Minimalist