Stay updated with breaking news from Schedule Iii. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Justice Department announced that the attorney general under the Biden administration filed to have the process started of downgrading marijuana to a less dangerous drug.
Some dispensaries owners warn that moving the plant to a Schedule III classification could open the cannabis market to larger retail pharmacies who already have the capacity and licensure to dispense Schedule III drugs with a prescription.
“If this rescheduling happens, we’re going to be in a completely different world,” one California cannabis company CEO said.
The intersection of the Farm Bill and Schedule III. What it means. The future of OTC THC consumption is low-dose THC products. Hemp could be the future of adult use.
The historic move acknowledges the medical benefits of the drug and carries broad implications.