Marijuana Reclassification Shakes Up Cannabis Industry
Published on: April 23, 2026, 6:29 p.m. | Source: Devdiscourse
The U.S. Department of Justice has reclassified FDA-approved and state-licensed marijuana from Schedule I to Schedule III. This significant policy shift could transform the cannabis industry by easing tax burdens and facilitating funding opportunities. Cannabis stocks rose following the announcement.
