What Rescheduling Marijuana Means For The Cannabis Industry

 What Rescheduling Marijuana Means For The Cannabis Industry

With the DEA set to reclassify marijuana as a less dangerous drug, weed companies will finally get a break from a punitive federal tax rate—and cannabis stocks have already rallied.

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Photo by Olivier Douliery / AFP
In a historic move, the U.S Drug Enforcement Administration will end its ban on cannabis by reclassifying it as a less dangerous drug. According to the As…