Cannabis Industry Update - Rescheduling

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July 05, 2023

by a professional from Texas A&M University in Dallas, TX, USA

Article on Descheduling Marijuana - Fed could be making changes to reclassify from a Schedule 1 substance.

https://www.marijuanamoment.net/biden-review-must-fully-deschedule-and-not-merely-reschedule-marijuana-to-resolve-state-federal-conflicts-op-ed/

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Reply by a professional
from Texas A&M University in Dallas, TX, USA
Patrick - It definitely will. The industry is in definite need of traditional banking services which are available to industry groups. Access to more traditional sources of capital will make this industry group comparatively more attractive.
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Reply by a searcher
from Massachusetts Institute of Technology in New York, NY, USA
Descheduling would be a game changer, particularly in the banking sector.
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