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Companies have i very excited about the changes. For example, Canopy Growth which is entering the US via Canopy USA stated this: “Canopy Growth commends President Biden for taking clear action to advance rescheduling in the United States and fully supports the DEA’s recommendation to move cannabis to Schedule III. This change represents a major leap forward and an opportunity to correct a long-standing wrong which has disproportionally impacted marginalized communities, inhibited research, and restrained the responsible growth of the U.S. cannabis industry. In addition to setting an important precedent and paving the way for additional reform including full legalization, rescheduling is especially significant as it provides an immediate and significant improvement to the cashflow of all state-legal cannabis businesses including those within Canopy USA.”
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