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US Expected to Ease Restrictions on Marijuana 0 (0)

The US Justice Department is expected to reclassify marijuana into a less restrictive federal category as soon as Wednesday, according to a person familiar with the matter. The change could remove taxes for companies that sell marijuana. Shares of cannabis stocks rose on the news. Nathan Dean of Bloomberg Intelligence has more. ——– More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV [See More…]