
The Trump administration has reclassified state licensed medical marijuana as a less dangerous drug.
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Before it was on the same level as heroin.
Now it’s moved from Schedule I to Schedule III which is the same as the painkiller paracetamol with codeine.
This major change will help with cannabis research and it’s a huge tax relief for licensed operators.
Marijuana is still illegal at a federal level but most states have legalised medical or recreational use of it.
A hearing is expected in June to consider reclassifying marijuana more broadly.
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