The Trump administration reclassified marijuana as a less harmful substance on Thursday, removing barriers to research and generating tax benefits for the legal industry.
Cheered by advocates and criticized by some Republicans, the move doesnāt legalize marijuana use nationwide, but removes cannabis from the same federal category as heroin and LSD ā drugs with high potential for abuse ā providing regulatory wiggle room for an industry that has, somewhat incongruously, struggled to grow in recent years, Bloomberg noted.
After a decade in which most US states liberalized drug laws, the once-unstoppable movement to ālegalize itā has generated some public backlash over mounting concerns, including high THC concentrations and marijuanaās ubiquitous smell in public spaces.
