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The cannabis rescheduling is causing celebration — and confusion — as marijuana stocks sell off

April 23, 2026
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The cannabis rescheduling is causing celebration — and confusion — as marijuana stocks sell off




Marijuana stocks sold off Thursday, after acting U.S. Attorney General Todd Blanche signed an order rescheduling FDA-approved and state-licensed medical cannabis products as a less harmful substance — a move that led to celebration but also confusion among industry observers.

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