The former Attorney General predicts marijuana ahead

The former representative Matt Gaetz (R-Fl), who was originally nominated by President Donald Trump for the US General Prosecutor before he withdrew from the consideration, stated that a significant reform of marijuana policy was carried out. Gaetz emphasized President Trump's leadership to support the move to switch cannabis according to the federal law.

Implications of the rescheduling

The rescheduling of cannabis from its current classification could have profound effects on the industry:

• taxation: New classification can reduce excessive tax burdens in legal cannabi operators, possibly improve profitability and promote investments.

• Research: A new classification could facilitate the extended scientific research of cannabis, which leads to a better understanding of medical applications and the security profile.

• Legal status: New planning would signal a shift in the perception of the federal government and possibly influence state politics and international contracts.

Industry and political reactions

The view of a new shift has attracted attention from various stakeholders:

• Cannabis industry: Companies and investors consider the potential shift in political shift as a positive development that could promote market growth and innovation.

• Political landscape: While some legislators support the step towards rescheduling, others remain careful and emphasize the need for comprehensive regulatory framework in order to clear up the concerns about public health and security concerns.