A decision by the federal government could put money back in your pocket, and make legal cannabis businesses more competitive. So keep hammering your elected officials on rescheduling marijuana this fall.
Those are the two biggest takeaways from this week’s news that the US Department of Health and Human Services has recommended to the Drug Enforcement Administration that cannabis be downgraded from a Schedule I drug to a Schedule III drug, under the Controlled Substances Act.
Cannabis attorney Lauren Mendelsohn at Omar Figueroa Law in Sebastopol, CA joints Leafly News Senior Editor David Downs to talk through the news and its implications.
Beyond saving businesses and consumers a bundle on onerous taxes—moving cannabis to Schedule III would likely multiply the amount of cannabis research and cannabinoid drugs in the world.
Listen along to understand what consumers and licensees should do about this news, as well as better understand drug scheduling and the politics of reform.