420 with CNW — How Marijuana Descheduling or Rescheduling Would Impact the Industry
The potential shift in how cannabis is classified under federal law is stirring up discussions about the future of the cannabis industry and the possibility of opening up interstate trade. Although many U.S. states have already legalized cannabis for recreational, medical use, or both, it’s still illegal at the federal level, which limits the ability to create a unified national market. According to Robin Goldstein, head of the Cannabis Economics Group at UC Davis, the direction of the sector is largely dependent on what the federal government does next. Whether cannabis will be reclassified or completely removed from the list…