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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