While the change is expected to expand opportunities for medical research and improve treatment access, it does not legalise marijuana under federal law

World’s most widely used illicit drug: What is Marijuana and why its popularity keeps rising

Under current rules, businesses dealing in Schedule I or II substances cannot claim standard tax deductions. Moving to Schedule III may allow companies to deduct expenses such as rent, wages and marketing, significantly improving profitability.

'$47 billion industry': How marijuana reclassification under Trump could reshape the US cannabis industry

Is Trump reclassifying marijuana? US administration may move cannabis to Schedule III, easing research restrictions but not legalizing it

Is Trump reclassifying marijuana? Here’s what we know about the schedule change

marijuana-reclassification

Marijuana Reclassification, News on Marijuana Reclassification, stories on Marijuana Reclassification, articles on Marijuana Reclassification, Marijuana Reclassification stories at Wion, Marijuana Reclassification news, Marijuana Reclassification latest news

marijuana reclassification

World’s most widely used illicit drug: What is Marijuana and why its popularity keeps rising

How marijuana reclassification under Trump could reshape the US cannabis market

Is Trump reclassifying marijuana? Here’s what we know about the schedule change