“Ganjapreneurs” and the Case to Reclassify Pot

These seem to be booming days for the marijuana industry, as more states move to decriminalize it. Legal pot businesses raised more than $100 million last year, according to one research firm. Even Silicon Valley is getting into the game: A prominent venture capital firm run by PayPal co-founder Peter Thiel recently became pot’s first major investor, putting millions into a cannabis company. So is pot the next big moneymaker? Also, a federal judge in Northern California has agreed to hear arguments to reclassify pot so it’s no longer a Schedule I drug. What are the implications of the case?