One day after President Donald Trump’s long-anticipated executive order directing federal authorities to reclassify cannabis as a less dangerous drug, the $32 billion legal U.S. cannabis industry is posing a central question: When?
Trump’s order instructs Attorney General Pam Bondi to reschedule marijuana “in the most expeditious manner in accordance” with federal law. But on the quickest realistic timeline, it could still be months before the promised benefits for research and tax relief appear, legal experts told MJBizDaily.
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“I wish I could give you something like an exact number, but there’s just way too much discretion here,” said Matthew Cavedon, the director of the Project on Criminal Justice at the Cato Institute, a Washington, D.C.-based libertarian think tank.
“I can’t say exactly how
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