The Drug Enforcement Administration (DEA) has agreed to loosen restrictions on marijuana, proposing a historic reclassification that reflects public support for reform. This change, the most significant since the Controlled Substances Act of 1970, aims to address social divisions and improve the legal framework for cannabis. Industry leaders see Nevada's market as an opportunity to innovate, while equity advocates hope for a more structured market with enforced regulations. However, challenges remain, such as aligning state markets with federal law, as noted by congressional researchers, and the potential transformation of dispensaries into pharmacies. Financial implications include a gradual reduction in tax burdens, as reviewed by ABFinWright's Rachel Wright and Simon Menkes.
Federal Update on Cannabis Scheduling: Are State Legalized Cannabis Dispensaries to Become Pharmacies? https://t.co/uhUi90TSCl #Cannabis #Health #Federal @jfberke https://t.co/bTrEHcJPhx
The Cannabis Civil War: Hemp vs. Marijuana https://t.co/dsv8PAxTNJ https://t.co/vIZTz1cO2H
Tax Benefits to Arise from Department of Justice’s Move to Reclassify Marijuana https://t.co/JCiTKWIHMD
Report: Seizure Data Suggests State-Legal Cannabis Market Has Significantly Curbed Demand For Mexican-Grown Marijuana https://t.co/vyDf9C8hwq
Reform of Federal Marijuana Law and Potential Impacts on State Medical Marijuana Programs https://t.co/3RRKB786ug
Canada's Medical Cannabis Exports Jump To CA$220 Million As Domestic Sales Fall https://t.co/JduJIVaVUn
High Hopes for Hemp Derived THC-Infused Beverages https://t.co/onHPf4HT4c
To think the federal government has “control” over cannabis smacks of delusion, @RobertGebelhoff writes. https://t.co/6ydTyBAbiY
In a historic departure from generations of U.S. drug policy, the Drug Enforcement Administration has agreed to loosen its restrictions on cannabis. https://t.co/y8OsdNBri3
Federal Update on Cannabis Scheduling: Are State Legalized Cannabis Dispensaries to Become Pharmacies? https://t.co/VZBTadnq9l | by @ebglaw
Federal Update on Cannabis Scheduling: Are State Legalized Cannabis Dispensaries to Become Pharmacies? https://t.co/uhUi90TSCl #Cannabis #Health #Federal @EpsteinBecker https://t.co/tvRUaXJC5W
Marijuana Rescheduling Would Not Bring State Markets 'Into Compliance' With Federal Law, Congressional Researchers Say https://t.co/nmsJ0gzoss
Equity advocates are weighing in on the recent news of cannabis being rescheduled to a lower-risk substance. https://t.co/AYcyYG9nmn
Opinion: ABFinWright's Rachel Wright and Simon Menkes review DEA recommendation to reschedule cannabis, saying the lower tax burden will take time to play out. https://t.co/8QcEBDMFTV
Indiana Leaders Reassess Marijuana Stance As DEA Proposes Historic Reclassification https://t.co/C7oULs2KgY
This is the biggest change in drug regulations since marijuana was outlawed by the Controlled Substances Act of 1970. It's a huge game-changer. For one thing, it might help to heal some of the awful social division that has infected this country ➡️ https://t.co/U3jbZTWgNn https://t.co/xDqarvPZeT
Federal Proposal To Reclassify Pot An 'Important Step,' Shapiro Administration Says https://t.co/52qAo7T4uD
Commentary: Far more is needed than merely reclassifying marijuana "Nevada’s market represents an opportunity for the industry to flex its creative muscles" via @schausmichael https://t.co/hBpZ5tPlN5 @TheNVIndy
Hoping the rescheduling of marijuana will let us reboot a little on this and create a real legal industry with regulations and rules that get enforced rather than living in an endless gray area of illegal pop-ups. https://t.co/G28t1oWxO0
Former DEA Head Says Marijuana Rescheduling 'Reflects The Reality' Of Public Support For Reform https://t.co/AkzhhqEKFt
"Cannabis should be people's choice': Industry leader aims to educate on marijuana use." (via @azcentral) https://t.co/KjAJnTQUyD