The most significant development this week revolves around the recommendation by the Department of Health and Human Services (HHS) to reclassify marijuana as a Schedule III drug. In addition to this noteworthy announcement, there are a couple of other intriguing highlights to mention. A study conducted in Georgia has unveiled a profound impact on foster care resulting from the legalization of marijuana. Meanwhile, on the international stage, Sha’Carri Richardson secures victory at the World Championships following her previous setback due to a positive THC test.
Also, a swift examination of the financial landscape within the cannabis market also warrants attention.
Health and Human Services recommends rescheduling marijuana as Schedule III drug https://thehill.com/policy/healthcare/4179304-hhs-sends-recommendation-to-dea-on-rescheduling-marijuana/
Researchers at Georgia College and State University study the effect of legalization on foster care. And the news is good. https://www.marijuanamoment.net/states-that-legalized-medical-marijuana-saw-nearly-20-percent-drop-in-foster-care-cases-for-parental-drug-misuse-study-finds/
Sha’Carri Richardson Wins at Worlds after a positive THC test sideline her https://apnews.com/article/richardson-shacarri-world-championships-sprint-90b630b89309a85c37f08d9c787811ec
An overview of the $37B cannabis market worldwide https://www.globalxetfs.com/legal-cannabis-sales-expected-to-reach-37-billion-in-2023/
As Visa Exits Cannabis Industry Cash is Still King https://cannabisindustryjournal.com/feature_article/as-mastercard-exits-cannabis-theres-a-cash-opportunity/