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President Biden announced monumental decision to reschedule marijuana, acknowledging its medical value and easing restrictions. DEA initiated public comment period. Tax relief and financial implications expected. Regulatory challenges and potential investment from large industries also anticipated. Industry must prepare for transformation. ....
The recent reclassification of marijuana by the Justice Department is expected to have a significant impact on the cannabis industry, particularly in New Jersey. ....
Citing safety concerns, the Casino Reinvestment Development Authority on Tuesday rejected a proposal for a cannabis dispensary in the former Los Amigos restaurant. It was the first of dozens of cannabis business proposals to be rejected. ....