The change could also bring financial relief to the cannabis industry, which has long faced heavy tax burdens under federal law. “It will allow state-licensed cannabis businesses to be able to start taking deductions on their federal taxes like any other industry,” Fox said.

President Donald Trump called on Congress Thursday to take action to repeal and reform the impending hemp ban that would wipe out nearly all hemp-derived CBD products on the market. “I am calling on Congress to update the Law to ensure that Americans can continue to access the full-spectrum CBD products they have come to

The order from the Department of Justice moves state-licensed medical marijuana from a Schedule I drug to Schedule III, which is less restrictive.

In Alabama, some cannabis advocates say the reclassification falls far short of meaningful reform.

A proposed federal shift in marijuana policy could mark one of the most significant changes to cannabis regulation in decades, though its immediate impact remains uncertain especially in Washington

A surprise reclassification of medical marijuana to a less dangerous drug on Thursday has left many Marylanders with more questions than answers. Acting Attorney General Todd Blanche signed an order Thursday that would move medical marijuana from a Schedule I to a Schedule III drug,

President Trump's reclassification of medical marijuana marks a significant shift in federal policy, potentially paving the way for broader legalization and economic benefits for the cannabis industry.

U.S. Rep Veronica Escobar made a statement following the Trump Administration’s reclassifying medical marijuana as “less dangerous.” “I want to read exactly what is in the