Businesses interested in operating as medical cannabis dispensaries in the U.S. can begin submitting applications starting Wednesday, April 29, following a directive from President Donald Trump to change how marijuana is classified under federal law. The update was announced through a notice published on the website of the Drug Enforcement Administration (DEA).

While this recent regulatory change may not have been what marijuana companies like TerrAscend Corp. (TSX: TSND) (OTCQX: TSNDF) had hoped for, it is nonetheless a…

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