Biden Makes Historic Marijuana Rescheduling Announcement.

President Biden has announced that his administration is officially moving to reschedule marijuana under federal law. The Justice Department will soon post its proposed rule to move cannabis from Schedule I to Schedule III of the Controlled Substances Act, which will be followed by a 60-day public comment period before the rule is finalized. 

“This is monumental,” Biden said in a video announcing the rescheduling news. “Today my administration took a major step to reclassify marijuana from a Schedule I to a Schedule III drug. It’s an important move towards reversing longstanding inequities.”

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