WASHINGTON (AP) — A decision on whether to reclassify marijuana as a less dangerous drug in the U.S. won't come until after the November presidential...
The U.S. Drug Enforcement Administration last week set a hearing date to take comment on the proposed historic change in federal drug policy for Dec. 2.
The Justice Department proposed reclassifying it in May, saying the change would recognize marijuana’s medical uses and acknowledge it has less potential for abuse than some of the nation’s most dangerous drugs. The proposal, which would not legalize marijuana for recreational use, came after a call for review from Biden, who has called the change “monumental.
The hearing sparked some consternation among pot industry players, though little surprise about the DEA decision to hold one. The marijuana industry has also grown quickly, and state-licensed pot companies are keen on rescheduling partly because it could enable them to take federal business-expense tax deductions that aren’t available to enterprises involved in “trafficking” any Schedule I or II drug. For some of Vicente's clients, the change would effectively reduce the tax rate from 75% to 25%.
“It was our hope that we could finally take the next step and create the national medical cannabis program that we need," said Steph Sherer, founder and president of Americans for Safe Access. The organization advocates for putting cannabis in a drug category all its own and for creating a medical cannabis office within DHS.
President Joe Biden U.S. Drug Enforcement Administration Marijuana Brian Vicente Donald Trump Dangerous Drug Political Issue Rescheduling
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