Reclassification news and trends

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Less US Cannabis Restrictions Could Ease Sector’s Fragmented Payments System

August 30, 2023
In a significant development for the cannabis industry, U.S. health officials have recommended easing restrictions on cannabis and reclassifying it as a Schedule III drug under the Controlled Substances Act. The move could open the door to more cohesive payments systems in the sector. Currently, cannabis is classified as a Schedule I substance, which implies […]