U.S. Justice Department's Major Marijuana Reclassification
Published on: April 23, 2026, 7:04 p.m. | Source: Devdiscourse
The U.S. Department of Justice announces the reclassification of FDA-approved and state-licensed marijuana to Schedule III from Schedule I. This move facilitates research and potentially reshapes the cannabis industry by lowering tax burdens and easing funding for cannabis companies, although it doesn't legalize marijuana nationwide.
