Cannabis Stocks Slide as DEA Sets Post-Election Marijuana Hearing in December

 Cannabis Stocks Slide as DEA Sets Post-Election Marijuana Hearing in December

Cannabis stocks slumped Tuesday after the Drug Enforcement Administration said that a hearing that could reclassify marijuana as a less harmful drug won’t come until Dec. 2—after the 2024 presidential election.

  • The Drug Enforcement Administration (DEA) will hold a hearing on Dec. 2 to consider reclassifying marijuana as a less harmful drug.
  • The DEA currently classifies marijuana in the same …