DEA - DEA Public Comment Period And A Cannabis-Related Crypto Bill? You Heard It First At Benzinga Conference | Benzinga
In Beacon Securities's latest report issued after the Benzinga Cannabis Capital Conference in Florida, analysts delved into significant developments and key conversations that are shaping the future of the cannabis industry.
The report highlights the optimism among key operators and multi-state operators (MSOs) regarding impending regulatory changes and their potential to transform the industry's landscape.
Anticipation For DEA's Rescheduling Decision
A major point of discussion was the anticipated reclassification of cannabis from a Schedule I substance to Schedule III following the August recommendation from the Dept. of Health and Human Services to the DEA to ease federal restrictions on cannabis.
The DEA move, expected soon, could eliminate the stringent restrictions of the 280e IRS tax code, sparking enthusiasm among industry players. However, the exact timeline remains uncertain, ...