{"id":350728,"date":"2025-12-19T04:10:47","date_gmt":"2025-12-19T04:10:47","guid":{"rendered":"https:\/\/peraltafinancing.com\/uncategorized\/cannabis-to-be-reclassified-as-less-dangerous-drug-in-the-us\/"},"modified":"2025-12-19T04:10:47","modified_gmt":"2025-12-19T04:10:47","slug":"cannabis-to-be-reclassified-as-less-dangerous-drug-in-the-us","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=350728","title":{"rendered":"Cannabis to be reclassified as less dangerous drug in the US"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"\">\n<p><span style=\"font-weight: 400;\">President Donald Trump has signed an executive order directing the attorney general to reschedule cannabis from one of the most dangerous controlled substances to a less restrictive category, marking one of the most significant changes to American cannabis policy in decades.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The executive order directs the attorney general to move ahead with reclassifying cannabis from Schedule I to Schedule III under the Controlled Substances Act. This would place cannabis alongside prescription drugs such as ketamine, codeine with paracetamol, and steroids \u2013 substances deemed to have legitimate medical uses and lower abuse potential.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The order also includes a pilot programme that would allow senior citizens on Medicare to receive reimbursement for CBD and <a href=\"https:\/\/www.leafie.co.uk\/cannabis\/medical-cannabis-uk-how\/\">medical cannabis<\/a> products.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWe have people begging for me to do this, people that are in great pain for decades,\u201d Trump told reporters at the White House during an Oval Office signing ceremony alongside cannabis industry representatives and Health and Human Services officials.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The move builds on efforts initiated by the <a href=\"https:\/\/www.leafie.co.uk\/news\/dea-reschedule-cannabis-federal-legalisation\/\">Biden<\/a> administration. In October 2022, President Joe Biden instructed the Department of Health and Human Services (HHS) to review the classification of cannabis. HHS completed its review in August 2023, recommending the Drug Enforcement Administration (DEA) move cannabis to Schedule III. The DEA proposed the rule change in May 2024 under Attorney General Merrick Garland, but the reclassification was not finalised before Biden left office.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The executive order does not automatically reschedule cannabis. There will be a 30-day public comment period, and opponents are expected to challenge the reclassification through the courts.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The rescheduling does not legalise or decriminalise cannabis at the federal level. Cannabis will remain a controlled substance, and producing or distributing it will still constitute federal crimes, albeit with somewhat reduced penalties. Medical use would only be permitted for FDA-approved cannabis-based prescription drugs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Trump emphasised during the signing that the action \u201cin no way sanctions its use as a recreational drug \u2013 has nothing to do with it.\u201d<\/span><!-- Either there are no banners, they are disabled or none qualified for this location! --><\/p>\n<p><span style=\"font-weight: 400;\">\u201cSymbolically, it suggests that maybe marijuana isn\u2019t as harmful as people thought [and that] maybe it does have some health benefits,\u201d Vanderbilt University law professor Robert Mikos <a href=\"https:\/\/www.washingtonpost.com\/politics\/2025\/12\/18\/trump-expands-marijuana-cbd-access\/\">told<\/a> The Washington Post. \u201cOn the practical side, though, the impact is pretty muted.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, cannabis reform advocates argued the move does not go far enough. \u201cRemoving cannabis from its Schedule I classification validates the experiences of tens of millions of Americans, as well as those of tens of thousands of physicians, who have long recognised that cannabis possesses legitimate medical utility,\u201d said Paul Armentano, deputy director of NORML. \u201cBut whilst such a move potentially provides some benefits to patients, and veterans especially, it still falls well short of the changes necessary to bring federal marijuana policy into the 21st century.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The rescheduling would maintain the conflict between federal prohibition and state laws. Currently, 24 states have legalised recreational cannabis, and 38 have approved medical use, yet these programmes technically violate federal law.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite its limitations, the reclassification would provide substantial financial relief to state-licensed cannabis businesses. Under Section 280E of the Internal Revenue Code, businesses selling Schedule I or II substances cannot claim standard business deductions for expenses such as advertising, rent, or employee salaries. This restriction often results in effective tax rates exceeding 60% for cannabis retailers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Kim Rivers, chief executive of Trulieve, the Florida-based company that generated $1.2 billion in sales last year, was among the cannabis executives present in the Oval Office during discussions around rescheduling last week. \u201cWe strongly support the Trump Administration\u2019s decision to reclassify marijuana as a Schedule III substance,\u201d she said. \u201cIt is a historic shift that acknowledges the medical value of cannabis and its lower abuse potential compared to Schedule I drugs like heroin and synthetic fentanyl.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The move could also ease banking restrictions that have kept most financial institutions out of the cannabis sector, forcing producers to rely on costly alternative lenders. Additionally, it would remove federal research barriers specific to Schedule I drugs, potentially unlocking billions in research funding.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Nearly one in five U.S. residents use cannabis yearly, <a href=\"https:\/\/www.cdc.gov\/cannabis\/data-research\/facts-stats\/index.html\">according to<\/a> the Centers for Disease Control and Prevention. Polls indicate a large majority of Americans oppose the federal ban on cannabis.<\/span><\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>President Donald Trump has signed an executive order directing the attorney general to reschedule cannabis from one of the most dangerous controlled substances to a less restrictive category, marking one of the most significant changes to American cannabis policy in decades. The executive order directs the attorney general to move ahead with reclassifying cannabis from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":350729,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[88],"tags":[13459,17752,24325,172119],"dealstore":[],"offerexpiration":[],"class_list":["post-350728","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-cannabis","tag-dangerous","tag-drug","tag-reclassified"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cannabis to be reclassified as less dangerous drug in the US - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=350728\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cannabis to be reclassified as less dangerous drug in the US - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"President Donald Trump has signed an executive order directing the attorney general to reschedule cannabis from one of the most dangerous controlled substances to a less restrictive category, marking one of the most significant changes to American cannabis policy in decades. 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