Pervasip Corp (PVSP)

[Bjones2]

This is HUGE for Cannabis Industry!!!!

Moving cannabis to Schedule III would also unlock marijuana industry tax opportunities that are currently unavailable.

The U.S. Department of Health and Human Services (HHS) is officially recommending that marijuana be moved from Schedule The U.S. Department of Health and Human Services (HHS) is officially recommending that marijuana be moved from Schedule I to Schedule III under federal law—a historic development that means the top health agency no longer considers cannabis to be a drug with high abuse potential and no medical value.

After completing a scientific review into cannabis under a directive from President Joe Biden last year, HHS is now telling the Drug Enforcement Administration (DEA) that it believes marijuana should be placed in Schedule III of the Controlled Substances Act (CSA). The recommendation is not binding, and DEA has the final say, but the scientific analysis combined with growing political support for cannabis reform may well influence DEA to make the change.

Moving cannabis to Schedule III would also unlock marijuana industry tax opportunities that are currently unavailable.