Trump reclassifies state-licensed medical marijuana as a less-dangerous drug in a historic shift
The move lets state-licensed medical cannabis and FDA-approved products move into Schedule III, easing research barriers and tax burdens, officials said.
- On Thursday, Acting Attorney General Todd Blanche signed an order reclassifying state-licensed medical marijuana from Schedule I to Schedule III, easing research barriers and granting licensed operators federal tax deductions.
- President Donald Trump ordered his administration in December to accelerate rescheduling. Blanche stated the action was "delivering on President Trump's promise" to expand Americans' access to medical treatment options.
- The action legitimizes medical marijuana systems in 40 states, shifting away from prohibition standards dating to the Marijuana Tax Act of 1937, while non-licensed marijuana remains strictly regulated under Schedule I.
- Although the order provides tax relief, it does not legalize marijuana for recreational use. In Washington, 302 of 460 licensed stores have endorsements allowing tax-free sales to registered patients.
- More than 20 Republican senators urged the president to maintain existing standards last year, and the Justice Department plans to launch administrative hearings in June to consider broader marijuana rescheduling.
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US Justice Department downgrades risk of state-licensed medicinal marijuana • Washington State Standard
Buds of marijuana on display inside Mother Earth Wellness in Pawtucket, Rhode Island. (Photo by Christopher Shea/Rhode Island Current)Medicinal marijuana products that are legal at the state level will see looser federal regulation under an order the U.S. Department of Justice published Thursday, while a process that could remove the drug in all forms from the federal list of the most dangerous drugs is set to begin in late June. The order, sign…
Illinois marijuana firms will get a massive tax break from Trump administration's historic weed shift
The Trump administration's reclassification of medical marijuana will offer some Illinois weed firms a massive tax break, but industry leaders say more action is needed for comprehensive reform. Acting U.S. Attorney General Todd Blanche signed an order that shifts state-licensed medical cannabis from a Schedule I — meant for drugs without medical use and a high potential for abuse — to the more loosely regulated Schedule III. It also applies to …
US reclassifies marijuana as less harmful substance
The Trump administration reclassified marijuana as a less harmful substance on Thursday, removing barriers to research and generating tax benefits for the legal industry. Cheered by advocates and criticized by some Republicans, the move doesn’t legalize marijuana use nationwide, but removes cannabis from the same federal category as heroin and LSD — drugs with high potential for abuse — providing regulatory wiggle room for an industry that has, …
Trump moves to reschedule marijuana
Trump moves to reschedule marijuana The directive aims to expand access to medical researchers. The Justice Department announced tax relief for marijuana companies. | Paul Sancya/AP The Trump administration moved to boost medical research into marijuana Thursday by reducing federal regulation of…
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