WASHINGTON DC — The federal government’s long-awaited shift on marijuana policy is no longer theoretical—it’s happening in real time. In a major step forward, the Drug Enforcement Administration has formally scheduled a June 29 hearing that could determine whether marijuana as a whole—including recreational cannabis—will be reclassified from Schedule I to Schedule III under federal
WASHINGTON DC - A major federal shift in marijuana policy is underway—but for Michigan’s booming cannabis industry, the impact is more nuanced than headlines suggest. The Trump administration announced Thursday it is moving to reclassify marijuana from a Schedule I drug to Schedule III under the Drug Enforcement Administration framework—formally recognizing medical value for the
WASHINGTON DC - Michigan’s multibillion-dollar cannabis industry—already under pressure from falling prices and tight margins—may have just been thrown a lifeline from Washington. The Trump administration is expected to move marijuana from Schedule I to Schedule III under the federal Controlled Substances Act, a long-awaited shift that could fundamentally change how cannabis businesses operate, bank,
