The U.S. Drug Enforcement Administration is reviewing a advice from the Department of Health and Human Services to reclassify hashish as a Schedule III managed substance underneath U.S. regulation in a transfer that sparked a rally by hashish shares on Wednesday.
The historic transfer — greater than 50 years after the Schedule I designation — may open up hashish to interstate commerce in addition to take away an costly 280E tax burden that forestalls authorized hashish corporations from writing off regular enterprise bills, specialists mentioned.
A…
Source web site: www.marketwatch.com
