Biden Administration Moves to Reclassify Cannabis, Easing Federal Restrictions
Biden Administration Moves to Reclassify Cannabis, Easing Federal Restrictions The Biden administration is poised to enact a monumental shift in federal drug policy, moving to reclassify cannabis from its stringent Schedule I status to the less restrictive Schedule III under the Controlled Substances Act. This historic move, the first of its kind in over 50 years, signifies a federal acknowledgment of marijuana’s potential medical benefits, paving the way for further research and significant changes for the burgeoning cannabis industry. Sources…