Marijuana Bill Introduced To Change Drug's Classification - TheStreet

NEW YORK (MainStreet) — A new marijuana bill has been introduced in Congress by Republican Representative Morgan Griffith of Virginia. The Legitimate Use of Medicinal Marijuana Act would change the classification of marijuana from a Schedule I drug to a Schedule II drug. The LUMMA bill has been referred to committee, where it stands an 11% chance of being approved. The bill would also prohibit the government from preventing prescriptions and the possession of medical marijuana.

--Written by Debra Borchardt for MainStreet

Plus, Morgan Stanley has given GW Pharmaceuticals (GWPH) its vote of confidence, so will this increase confidence in marijuana stocks? Click through to find out...

Also See: Morgan Stanley Says GWPH Pot Stock Is Legit

Plus: One in ten small businesses found employees under the influence. The most common substances used by employees were these: click through to find out...

One In Ten Small Businesses Found Employees Under the Influence