Jessica Yellin Instagram – MARIJUANA TO BE RECLASSIFIED
Cannabis advocates have been calling for the government to reclassify marijuana for years — thanks to the Biden administration, they may get their wish. The DEA is moving to reclassify marijuana as a Schedule III drug (like ketamine and some steroids) instead of a Schedule I drug (like heroin).
What does this really mean? First, it will remove many barriers to research, allowing more high-quality studies on the medical benefits (and costs) of marijuana use. Some of the logistics of this are still unclear.
It will also make it easier for marijuana dispensaries to write off business expenses on their taxes.
The move would not legalize recreational marijuana use nor make any immediate impact on people who have been jailed for marijuana charges.
The reclassification won’t take effect immediately — it requires a budget review, public-comment process, and administrative review.
What do you think of reclassifying marijuana? | Posted on 02/May/2024 00:45:57



