Credit: Kyle/Adobe Stock DEA Rescheduling, Pa. Legalization Efforts May Breathe New Life Into Cannabis Practices
"There's not a legal practice area that hasn't touched or worked for our cannabis practice here," said Duane Morris cannabis practice co-leader Paul Josephson.
May 17, 2024 at 05:08 PM
4 minute read
What You Need to Know
- State and federal efforts to legalize cannabis for medical and adult use offer the potential for additional work in local cannabis practices.
- The DEA just put forward its formal proposal to reschedule cannabis as a Schedule III drug, and Pennsylvania's state government is considering legalizing adult-use cannabis sales.
- Attorneys in the space foresee additional work, particularly in the financial sector, should these efforts go through.
Momentum is building to ease existing restrictions on cannabis use both nationwide and in Pennsylvania, hinting at potential growth opportunities for local cannabis businesses and legal practices serving the industry.
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