Experts explain changes a marijuana drug reclassification could bring [Video]

The U.S Drug Enforcement Administration is moving to reclassify marijuana as a less harmful drug in the eyes of the federal government.

Cannabis is currently considered a dangerous Schedule I drug, alongside substances like heroin, LSD and ecstasy. But it could soon be lowered to a Schedule III classification of drugs deemed to have low potential for dependence or addiction.

No, this wouldn’t in any way make marijuana federally legal. But it completely shakes up how the industry pays for it, how we think of weed, and what we can learn about it.

Missouri legalized recreational marijuana in February 2023. In the first year alone, the state reported more than $1 billion in sales.

Mike Wilson is the CEO of Franklin’s in Kansas City. As a licensed manufacturer of marijuana products, his company moves a lot of green across Missouri.

“We’re the No. 1 blunt manufacturer in the state,” Wilson …