National Law Review: “Earlier this year, when the U.S. Drug Enforcement Agency (DEA) indicated it would have an announcement regarding a now five-year-old petition to reschedule cannabis, numerous industries on the “outside looking in” were eagerly watching from the sidelines. Leaders in banking, insurance, pharmaceuticals – and just about the entire investing world – were all hoping that marijuana would lose the stigma of a Schedule I drug, a label that meant it had no accepted medical use in the eyes of the federal government. . . . These investors and insurers held dreams of unbridled access to enormous growth potential and revenue streams. When news came in early August 2016 that the DEA would not reschedule, those dreams were dashed. But was the decision bad news? The answer is, ‘Not really‘.”
The Marijuana Industry’s Big Win: The DEA’s Refusal to Reschedule
By On the Net|2016-10-11T20:39:53-07:00October 11th, 2016|Federal Dispensary Attacks, Stories & Articles|Comments Off on The Marijuana Industry’s Big Win: The DEA’s Refusal to Reschedule
About the Author: On the Net
The author of this article is
Richard Keyt, an Arizona business law attorney who is the creator of this Arizona medical marijuana law website. Connect with Richard at 480-664-7478 or on Google+