Cannabis industry has mixed reaction to rescheduling timeline change

Tue, Jan 14

Key Points

An administrative law judge has delayed the federal marijuana rescheduling process for at least three months.
Cannabis industry insiders have mixed reactions to the news, with some seeing it as an opportunity to level the playing field and others expressing disappointment at the delay.
The decision will impact businesses looking to enter the marijuana industry and those that have been waiting for changes in the regulatory environment.
The rescheduling process has been halted due to concerns about the potential impact on the market and the need for further review.

Cannabis industry insiders had a somewhat mixed reaction to news of an administrative law judge putting the brakes on the federal marijuana rescheduling process for at least three months, with some praising the move as a way to get a level playing field and others lamenting that it’ll mean more...

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