To date, marijuana, also known as weed, is a Schedule I drug along with heroin, LSD, and ecstasy.
Given the changes that occurred at the state levels in favor of marijuana, there is a chance the drug will become rescheduled to a lower level or legalized, with President Donald Trump being an unlikely champion.
To date, marijuana, also known as weed, is a Schedule I drug along with heroin, LSD, and ecstasy. Listing it as Schedule III would put it in a group with ketamine, testosterone, and codeine-laced Tylenol. While Trump said in that Truth Social post that he believes “it is time to end needless arrests and incarcerations of adults for small amounts of marijuana for personal use,” rescheduling marijuana wouldn’t make it legal for recreational use nationwide, keeping it a controlled substance.
Instead, the change would highlight the medical uses of cannabis by recognizing that it has a smaller chance of abuse than other dangerous drugs. Becoming a Schedule III drug would make marijuana research easier and cut federal taxes paid by research companies.
The research aspect was touched on during a press briefing, stating that the president was “focused on increasing medical research for medical marijuana and CBD — cannabidiol” by signing an executive order to speed up the rescheduling process.
“Unless a doctor recommends a drug for medical reasons, just don’t do it. At the same time, the facts compel the federal government to recognize that marijuana can be legitimate in terms of medical applications when carefully administered,” Trump said.
“It’s hard to see the big headlines of, ‘Marijuana rescheduled to [Schedule] III; marijuana research will open,’” Schauer said, according to NPR.
“You know, those things are not true as of now.”
The suggested changes either have to go through an act of Congress or a rulemaking process.
“The lack of use of a credit card is really one of the biggest challenges for customers,” Brill said, touching on the importance of payday to the industry.
“For us, Friday by far is the biggest day every single week because this is a cash business.”
Source: Black Enterprise
