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New Jersey just made it easier for legal cannabis businesses to grow, with $5 million in grants still available to help small companies cover compliance costs. Licensed operators can get up to $75,000 to reimburse expenses tied to meeting state regulations.
The Justice Department is officially moving marijuana from Schedule I (alongside heroin) to Schedule III this Wednesday, recognizing its medical value after decades of restrictive classification. The historic shift will ease research barriers and slash tax burdens for cannabis businesses nationwide.