Bradley said while his group is excited about the potential relief for small business owners under Schedule III, concerns remain.

Source: https://gazette.com/premium/marijuana-classify-schedule-3-biden-administration/article_114ab8c6-b60a-5efc-ad3f-a31f102851c7.html

Dronabinol (aka Marinol) is a Schedule III prescription drug in the United States.

Source: https://communitynewspapers.com/community-press-releases/oral-thc-dosing-associated-with-cognitive-improvements-in-patients-with-advanced-cancer/

However, the firm notes marijuana’s move to Schedule III would result in a ‘much lower’ tax rate for cannabis businesses throughout the industry.”

Source: https://www.deseret.com/2023/8/31/23853780/marjijuana-classification-reclassified-schedule-federal-biden