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Schedule III substances, which include Tylenol with codeine, ketamine and anabolic steroids, have a low to moderate potential for physical and psychological dependence, according to the DEA. Conversely, Schedule I drugs, such as heroin and LSD, have a high potential for abuse and no accepted medical use. Credit: Skyliz/Adobe StockIn a letter to the Drug Enforcement Administration, the Department of Health & Human Services has recommended moving marijuana from a Schedule I to Schedule III substance under the Controlled Substance Act.
Cannabis trade publications are heralding the move as historic, as it would allow for more robust research on marijuana, and could make insurers and financial services providers more willing to work with these businesses.
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Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected].
Green Check Verified SVP Peter Su addresses the financial factors affecting cannabis-touching entities.
The My Safe Florida Home program includes matching grants up to $10,000 to help pay for such things as reinforcing roof-to-wall connections, upgrading roof coverings and upgrading doors and windows, according to the program’s website.
This potentially unsettling phenomenon is poised to rise from a confluence of factors, including skyrocketing insurance costs.
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