Cannabis industry news, regulatory updates, licensing requirements, and business insights for extraction companies.
Cannabis Schedule III Reclassification: What Actually Changes for Extraction Labs
What Schedule III Actually Means Cannabis moving from Schedule I to Schedule III is the biggest federal regulatory shift in the industry's history. Schedule I meant cannabis had "no currently accepted medical use" and "a high potential for abuse." Schedule III means the federal government now recognizes medical utility and considers the abuse potential moderate. [...]
