Cannabis Industry Quarterly Update: Q3 2023

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The U.S. Department of Health and Human Services has recommended that the DEA reclassify cannabis to Schedule III -

The U.S. Department of Health and Human Services (HHS) recommended that the U.S. Drug Enforcement Agency (DEA) reclassify cannabis from Schedule I of the Controlled Substances Act (CSA) to Schedule III. The recommendation came 10 months after the Biden Administration called on the Secretary of HHS and the Attorney General to review the scheduling of cannabis under federal law.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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