Bullboard - Stock Discussion Forum Curaleaf Holdings Inc T.CURA

Alternate Symbol(s): CURLF

Healthcare Cannabis

Curaleaf Holdings, Inc. is an international provider of consumer cannabis products. The Company and its brands, including Curaleaf, Select, Grassroots, JAMS, Find and Zero Proof provide selection and accessibility across the medical and adult use markets. It operates in approximately 17 states and owns and operates 147 dispensaries and 21 cultivation sites with a focus on states, including... see more

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Curaleaf Holdings Inc > HHS is officially recommending marijuana be a Schedule III D

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Post by blackspade799 on Aug 30, 2023 12:45pm

HHS is officially recommending marijuana be a Schedule III D

The U.S. Department of Health and Human Services (HHS) is officially recommending that marijuana be moved from Schedule I to Schedule III under federal law—a historic development that means the top health agency no longer considers cannabis to be a drug with high abuse potential and no medical value.

After completing a scientific review into cannabis under a directive from President Joe Biden last year, HHS is now telling the Drug Enforcement Administration (DEA) that it believes marijuana should be placed in Schedule III of the Controlled Substances Act, Bloomberg first reported. The recommendation is not binding, and DEA has the final say, but the scientific analysis may well influence DEA to make the change.

https://www.marijuanamoment.net/top-federal-health-agency-says-marijuana-should-be-moved-to-schedule-iii-in-historic-recommendation-to-dea/

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Comment by Luminous on Aug 30, 2023 1:03pm

I assume this removes 280e? Beer is schedule 5?

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Comment by blackspade799 on Aug 30, 2023 1:05pm

Correct and uplisting will also happen. DEA is the final hurdle..

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Comment by Luminous on Aug 30, 2023 1:19pm

I guess that would take care of safe banking too? No need for it anymore.

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Comment by blackspade799 on Aug 30, 2023 1:26pm

It will help push SAFE through for sure, Cannabis will still be illegal in some states and will be re-scheduled not deschedule. Never the less HHS News today is massive.

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