(MENAFN- Investor Brand Network) The Congressional Research Service recently published a report that cautions legislators to consider the possible
consequences of levying high taxes
on cannabis products in the event that marijuana gets legalized federally. This comes as Congress considers several reform initiatives and the DEA concludes its review of marijuana scheduling and makes a decision on whether or not to reclassify cannabis as a
Schedule 3 drug
under the Controlled Substances Act, as recommended by the U.S. Health and Human Services Department.
In a previous report, the nonpartisan research body argued that the DEA was likely to reschedule cannabis based on...
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