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The United States government has officially moved cannabis from Schedule I to Schedule III of the Controlled Substances Act, marking a historic shift in federal policy. Village Farms International (VFF) welcomed the announcement, stating its intention to activate its U.S.-based assets as soon as regulatory conditions permit. This rescheduling is expected to significantly reduce federal restrictions, easing the tax burdens and legal hurdles that have long hindered industry operators. The company plans to leverage its extensive experience in the Canadian market to establish a robust presence in the emerging U.S. landscape. This regulatory pivot represents a strategic milestone that could enhance cash flows and profitability for cannabis firms across the region. Market participants are now closely monitoring the implementation of these new rules and their immediate impact on the operational capabilities of listed entities.
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