Jushi Holdings ‘applauds’ Trump administration on cannabis rescheduling

Jushi Holdings (JUSHF) applauds President Donald J. Trump and his administration for finalizing the rescheduling of cannabis from Schedule I to Schedule III under the Controlled Substances Act. “We have been working hard for years to advance sensible cannabis reform, and we thank President Trump and his administration for their leadership, hard work and commitment to getting this done for the American people,” said Jim Cacioppo, Chief Executive Officer of Jushi. “Today marks an important moment in the history of U.S. drug policy. President Trump’s decision to move cannabis from Schedule I to Schedule III acknowledges what millions of Americans already know and what a rapidly expanding body of clinical evidence demonstrates: cannabis should be responsibly regulated, not prohibited,” continued Cacioppo, who added that “Jushi looks forward to discussing this development with the President’s supporters holding office in states like Pennsylvania where lawmakers continue to block reform efforts on the basis of demonstrably inaccurate prohibitionist ideology.”