Stocks Surge as Cannabis Stocks Skyrocket on DEA Reclassification Reports
Phoenix, Arizona – Cannabis stocks experienced a significant surge following reports about the potential reclassification of marijuana by the U.S. Drug Enforcement Administration (DEA). The DEA’s proposal revolves around acknowledging marijuana’s medical benefits and recognizing its lower potential for abuse compared to other drugs like heroin and LSD. Currently categorized as a Schedule I drug, marijuana could potentially move to a less restrictive Schedule III classification, indicating moderate to low potential for physical and psychological …