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Feds Reclassify Medical Marijuana, Opening Doors for Texas
Description
Federal Shift in Medical Marijuana: Lower Risk, Bigger Savings
The Drug Enforcement Agency has reclassified FDA-approved medical marijuana products from Schedule one to Schedule three, reducing dependence risk and opening up new opportunities. This change, initiated under President Biden and accelerated by President Trump, has Texas cannabis leaders excited about federal legitimation. The shift also brings financial benefits, such as tax deductions and potential credit card usage, as the industry eyes a possible recreational reclassification in June.
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