What marijuana reclassification means for the United States

If the federal government reclassifies marijuana, what could that mean for Virginia?

The U.S. Drug Enforcement Agency is expected to move to recognize the medical uses of cannabis and acknowledge less potential for abuse than most dangerous drugs.

What would it mean for marijuana to be considered a low-risk drug in the United States? By: CNN The Department of Justice plans to reclassify marijuana as a Schedule III controlled substance, a classification shared by prescription drugs such as ketamine and Tylenol with codeine, a source with knowledge of the plans told CNN. What would this reclassification mean? In the United States, marijuana has been classified as a Schedule I substance for …

What federal reclassification of cannabis means for Massachusetts businesses

A move from the Schedule I to Schedule III drug category could have impacts on how cannabis businesses in Massachusetts pay taxes and gain access to capital. Here's what it could mean for Bay State businesses.

‘One More Baby Step Forward’: DEA supports marijuana reclassification

The Drug Enforcement Agency is backing a proposal to reclassify marijuana as a less serious drug.

Marijuana Activists, U.S. Attorney react to reclassification

FARGO, N.D. (KVRR) — The Drug Enforcement Administration has proposed reclassifying marijuana as a less dangerous drug, recognizing its medical uses and lower potential for abuse. The proposal would see marijuana moved from a Schedule I controlled substance to Schedule III controlled substance, below drugs like fentanyl and methamphetamine. For Steve Bakken, chairman of New Economic Frontier who are backing a ballot initiative to legalize recrea…

What will marijuana reclassification mean financially for Nevada?

LAS VEGAS (KLAS) -- In Nevada, the first recreational marijuana dispensaries opened in July 2017. The budding business boomed and now there are 698 operational licenses across the state. However, it hasn't been the financial windfall the cannabis industry was expecting. Easing the federal restrictions on marijuana by reclassifying it could assist businesses that said the federal tax is too much of a burden to thrive. "Profit is what you take ho…