With the DEA set to reclassify marijuana as a less dangerous drug, weed companies will finally get a break from a punitive federal tax rate and cannabis stocks have already rallied.
The Ohio congressman will imminently file the STATES 2.0 Act, which seeks to de-schedule state-legal cannabis at the federal level, Forbes has learned.
The California attorney general's office has embarked on a quest to understand the possible legal consequences of allowing interstate cannabis commerce in the context of federal prohibition.