Rescheduling cannabis will allow further studies as is done with pharmaceuticals. Cannabis does not belong on Schedule I of the Controlled Substance list. Rescheduling will allow those businesses in states with medical cannabis programs to deduct all business expenses without imposition of IRC Sec. 280(e). Rescheduling allows health professionals to prescribe cannabis to their patients without fear of legal action. Prescriptions allow insurance companies to pay for the medicine. Rescheduling is good for the economy.
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