US set to reclassify marijuana amid Axios briefing

1 min read
Source: Yahoo
US set to reclassify marijuana amid Axios briefing
Photo: Yahoo
TL;DR Summary

The Biden-era administration is reportedly moving to reclassify marijuana as early as Wednesday, per Axios, which would place the drug among less dangerous substances and could lower tax burdens and ease funding for cannabis companies. The decision rests with the DEA and had not been officially commented on by the Justice Department at the time; markets reacted as cannabis stocks rose on the report, signaling a potential major shift in federal marijuana policy.

Share this article

Reading Insights

Total Reads

0

Unique Readers

6

Time Saved

35 min

vs 36 min read

Condensed

99%

7,07173 words

Want the full story? Read the original article

Read on Yahoo