Free Republic

Cannabis stocks jumped on Friday as the White House prepared to significantly ease federal restrictions on marijuana. President Donald Trump is expected to issue an executive order as soon as Monday that would allow for reclassification of weed, a source familiar with the matter told CNBC. Such a move would allow cannabis companies to fall under different tax regulations and encourage investment.Cannabis stocks took a leg up in Friday’s midday trading following CNBC’s report. The Washington Post first reported on Thursday that Trump was expected to use an executive order to instruct federal agencies to reclassify marijuana as a less...

As drug legalization groups and the cannabis industry lobby to legalize cannabis across the United States, with initiatives to legalize marijuana on the November ballot in five more states, many experts warn this will only increase the physical and mental harm from the unregulated, high-potency cannabis. President of the American Board of Pain Medicine and a vice president of the International Academy on the Science and Impacts of Cannabis, Dr. Ken Finn, said high potency cannabis use is being linked to poisonings in young children, as well as psychosis and schizophrenia in an increasing number of regular users. “A lot...