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Cannabis Stocks Retreat After WSJ Report of DEA Concerns

By Dean Seal

U.S. cannabis stocks pulled back after The Wall Street Journal reported over the weekend that some federal officials have concerns about loosening restrictions on marijuana.

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-March 11, 2024 at 03:37 pm EDT
- MarketScreener ....

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DEA Vs. White House: Agency Pushes Back On Medical Benefits Of Cannabis, Weed Stocks Wobble - Curaleaf Holdings (OTC:CURLF), Green Thumb Industries (OTC:GTBIF)

In addition to reportedly doubting the scientific evidence presented by HHS, the DEA also expressed concern about the increasing potency of THC, the psychoactive compound in cannabis. Marijuana advocates and stakeholders question the motivations behind these anonymous claims, as the DEA itself has not publicly opposed the recommendation. The agency is conducting its own review, with Administrator Anne Milgram promising to consider all available research. ....

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