Cannabis Industry Quarterly Update: Q3 2023

The U.S. Department of Health and Human Services has recommended that the DEA reclassify cannabis to Schedule III –

The U.S. Department of Health and Human Services (HHS) recommended that the U.S. Drug Enforcement Agency (DEA) reclassify cannabis from Schedule I of the Controlled Substances Act (CSA) to Schedule III. The recommendation came 10 months after the Biden Administration called on the Secretary of HHS and the Attorney General to review the scheduling of cannabis under federal law.

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