Marijuana stocks explode following rescheduling news

  • 📰 dcexaminer
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 94%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Stocks of cannabis companies are posting enormous gains following news that the Department of Health and Human Services is endorsing looser federal regulations related to the drug.

It was revealed on Wednesday that HHS is recommending that the Drug Enforcement Agency move marijuana from a Schedule I-listed drug to Schedule III under the Controlled Substances Act. The move would be a boon for marijuana companies who have been pushing for marijuana to be delisted or at least downgraded, and their stock performance is reflecting that.

“For just the industry it’s a tremendous deal,” Baruchowitz told the Washington Examiner in a Thursday interview. He noted that it is the first time that an executive-level agency has recommended that there be a fundamental and permanent change to U.S. cannabis rules. The recommendation comes after President Joe Biden ordered a comprehensive review of available marijuana research to assess whether there should be any scheduling changes. Biden at the time also granted a pardon to all people who were federally convicted of simple marijuana possession.

While once illegal in all 50 states and at the federal level, marijuana has become more accepted for both medical and recreational use. There has been a growing mismatch between federal and state drug policy — 37 states and the District of Columbia have legalized medical marijuana. Twenty-three states have gone even further and legalized the drug for adult use.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 6. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Pot stocks rally after health officials ask DEA to reclassify marijuana as lower-risk drugAssistant Secretary for Health Rachel Levine reportedly requested in a letter to DEA Administrator Anne Milgram that marijuana be downgraded to a schedule III substance.
출처: FoxBusiness - 🏆 458. / 53 더 많은 것을 읽으십시오 »

Tilray and Curaleaf Stocks Surge as DEA Considers Reclassifying MarijuanaThe Drug Enforcement Agency said it is considering reclassifying weed as a Schedule 3 drug, rather than as a Schedule 1 substance.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »

HHS calls for easing restrictions on marijuana, sending cannabis stocks higherThat move could potentially expand the market for cannabis, sending shares of Canopy Growth, Tilray Brands and Cronos Group higher.
출처: NBCLA - 🏆 319. / 59 더 많은 것을 읽으십시오 »

Cannabis stocks rise on call to lower marijuana risk categoryMarijuana stocks surged on Wednesday after the Drug Enforcement Agency said it would review its classification of cannabis following a letter from the US Department of Health and Human Services tha…
출처: denverpost - 🏆 13. / 72 더 많은 것을 읽으십시오 »