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DEA agrees to reschedule cannabis (Newsletter: May 1, 2024)

Schumer on SAFER Banking; DEA & FDA at marijuana meeting; FL gov trashes ballot measure; NC medical cannabis deal; NH legalization

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The Drug Enforcement Administration has agreed to move marijuana to Schedule III—a historic reform in line with a recommendation from health officials who determined that cannabis has medical value.

The federal decision to reschedule marijuana is receiving diverse reactions from across the spectrum—from praise for finally recognizing cannabis’s medical benefits to condemnation that it will not fulfill President Joe Biden’s campaign pledge to decriminalize.

Senate Majority Leader Chuck Schumer (D-NY) said that while the federal marijuana rescheduling decision is a

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