Marijuana rescheduling leaves regulators and sellers cautiously optimistic

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Marijuana rescheduling leaves regulators and sellers cautiously optimistic

A move by the Biden Administration to change how marijuana is treated by federal authorities was met with cautious approval by Massachusetts state regulators, cannabis sellers, and national marijuana advocates alike. The Drug Enforcement Agency will drop marijuana from the list of banned substances found under Schedule I of the Controlled Substances Act, where it currently sits alongside heroin and LSD. It will instead move it to Schedule III, a…