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Stock impact report

Trump Orders Federal Action to Accelerate Cannabis Research Access [Globe and Mail, The (Toronto, Canada)]

Innovative Industrial Properties, Inc. (IIPR) 
the executive action on expanding medical research opportunities for cannabis and CBD compounds. The executive order instructs the attorney general to finalize the reclassification of marijuana from Schedule I to Schedule III under the Controlled Substances Act, a shift that administration officials characterized as removing bureaucratic obstacles to scientific study rather than addressing recreational use or criminal penalties. In a press briefing, a Trump official said the primarily goal is to focus on the potential medical benefits and improving CBD research so doctors and patients can be better informed. The distinction between scheduling categories carries significant regulatory implications. Schedule I classification designates substances the federal government considers to have no accepted medical use. Schedule III classification acknowledges moderate to low potential for dependence and recognizes accepted medical applications. The Biden administration had begun the resch Show less Read more
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