Bill to Reschedule Cannabis Reintroduced to Congress

Описание: Florida Rep. Greg Steube reintroduced a bill to federally reschedule cannabis from a Schedule I drug to a Schedule III drug. Learn more about drug scheduling and what that means: https://buff.ly/3HKkmJH

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What does Rep. Steube's bill mean for the cannabis industry?

According to the DEA, Schedule I drugs are “drugs with no currently accepted medical use and a high potential for abuse.” Besides marijuana, heroin, lysergic acid diethylamide (LSD), and 3,4-methylenedioxymethamphetamine (ecstasy) are also considered Schedule 1 drugs.

Schedule III drugs are “drugs with a moderate to low potential for physical and psychological dependence."

Anabolic steroids and testosterone are examples of Schedule III drugs.

Rescheduling cannabis could bring about major changes to the cannabis industry.

It would lower the barrier to scientific research on the plant, allow cannabis companies to deduct business expenses from their taxes that they couldn't before, and even protect federal employees from losing their jobs for cannabis use.

The bill has failed in the past, but President Joe Biden supports reviewing how marijuana is scheduled.

"... I am asking the Secretary of Health and Human Services and the Attorney General to initiate the administrative process to review expeditiously how marijuana is scheduled under federal law."

Learn more about cannabis and which drugs are classified as Schedule 1 on the Leafwell blog: https://buff.ly/3HKkmJH