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DEA Agrees To Reclassify Marijuana Under Federal Law, AP Reports

INSTANT VIEW-Biden administration plans to reclassify marijuana

The U.S. Justice Department on Tuesday moved to make marijuana use a less serious federal crime, taking a step to reclassify the drug out of a category that includes heroin in a shift that, once.

Instant view: Biden administration plans to reclassify marijuana

Below are some reactions from industry insiders and experts. This represents the most significant step towards federal cannabis reform in U.S. history and will provide much-needed relief to operators of all shapes and sizes, allowing us fair tax treatment by eliminating 280E. Rescheduling cannabis is a crucial move towards federal legalization . We anticipate a surge in liquidity as sidelined capital enters the market, drawn by the potential for legal businesses to thrive.

Instant View: Biden Administration Plans to Reclassify Marijuana

Instant View: Biden Administration Plans to Reclassify Marijuana
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