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Local cannabis industry leaders say move to reclassify weed will benefit businesses, customers

The move would in part ease tax burdens on pot shops, which are currently prohibited from deducting expenses from income associated with Schedule I or II substances. Savings on those costs could be passed on to customers, industry leaders said.

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Illinois pot businesses could see benefits with DEA reclassification

Illinois pot businesses could see benefits with DEA reclassification
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OMB review of cannabis rescheduling could put measure at risk (OTCQX:GTBIF)

OMB review of cannabis rescheduling could put measure at risk (OTCQX:GTBIF)
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Chicago s Pot Pioneers Poised for Profit Surge as DEA Mulls Marijuana

Chicago s Pot Pioneers Poised for Profit Surge as DEA Mulls Marijuana
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DEA Moves To Reschedule Weed, Cannabis Stocks Go For Wild Ride, Pummel Short Sellers With $210M In Losses - Cresco Labs (OTC:CRLBF), Canopy Gwth (NASDAQ:CGC)

Cannabis stocks soared following Tuesday's news that the DEA intends to designate marijuana from Schedule I to Schedule III.

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