Hillary Clinton’s marijuana policy could lead to regulation of the industry

Former secretary of state wants Schedule II classification for marijuana

Hillary Clinton’s stance on marijuana legalization could cost the budding industry.

The former secretary of state and the front-runner in the Democratic presidential race told a town hall in South Carolina on Saturday that she supports reclassifying cannabis from a Schedule I to a Schedule II substance. Schedule I drugs have high potential for abuse and no accepted medical use, while a Schedule II classification means a drug has a high potential for abuse, but also an accepted medical use, like morphine and cocaine.

The statement goes further than Clinton’s past comments on marijuana, which focused on a wait-and-see approach to states that had legalized. Clinton repeated her view of “states are laboratories” when asked about legalizing cannabis at the town hall, but continued to say that she “would like to move it from what is called Schedule I to...

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