Biden administration plans to reclassify marijuana, easing restrictions nationwide [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
to announce an interim rule soon reclassifying the drug for the first time since the Controlled Substances Act was enacted more than 50 years ago, four sources with knowledge of the decision tell NBC News. The Drug Enforcement Administration is expected to approve an opinion by the Department of Health and Human Services that marijuana should be reclassified from the most strict Schedule I to the less stringent Schedule III, marking the first time that the U.S. government would acknowledge its potential medical benefits and begin studying them in earnest. “DOJ continues to work on this rule,” a Biden administration official said. “We have no further comment at this time.” What rescheduling means Since 1971, marijuana has been in the same category as heroin, methamphetamines and LSD. Each substance under Schedule I classification is defined as a drug with no accepted medical use and a high potential for abuse. Schedule III substances include Tylenol with codeine, steroids and t
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