The Significance and Effects of Marijuana Reclassification on Its Rescheduling

Attorney General Merrick Garland is proposing to reclassify marijuana, shifting it away from its current classification as a high-risk and tightly regulated drug. This move would not legalize or decriminalize marijuana, but it would make it easier for researchers to study the drug and for legal businesses to operate. The reclassification would not only change the perception of marijuana as a substance, but also have financial implications for the industry. Overall, the recommendation aims to reduce barriers and stigma surrounding cannabis while allowing for more research and economic growth in the industry.

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