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home / articles / CGC - Cannabis Stocks Soar As Gov Health Officials Call On DEA To Reschedule Marijuana: Is Legalization In Sight? | Benzinga


CGC - Cannabis Stocks Soar As Gov Health Officials Call On DEA To Reschedule Marijuana: Is Legalization In Sight? | Benzinga

The Department of Health and Human Services is recommending to the Drug Enforcement Administration that cannabis should be reclassified as a Schedule III controlled substance under federal law, according to a report by Bloomberg on Wednesday. Currently, cannabis is a Schedule I drug, which deems it has no medical value and places it in the same class as dangerous drugs like heroin.

Assistant Secretary for Health Rachel Levine, reported Bloomberg, said in a letter that her recommendation was based on a Food and Drug Administration review ...

Full story available on Benzinga.com

Stock Information

Company Name: Canopy Growth Corporation
Stock Symbol: CGC
Market: NYSE
Website: canopygrowth.com

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