On our latest Trade To Black podcast, Host Shadd Dales & Anthony Varrell will break down the key takeaways from today’s ALJ hearing on the rescheduling of cannabis.
The Drug Enforcement Administration (DEA) has officially begun its first hearing on the Biden administration’s proposal to move cannabis from Schedule I to Schedule III of the Controlled Substances Act. While today’s meeting is largely procedural, it sets the stage for more substantive hearings next year.
DEA clarified that this session focuses on legal and logistical issues—no witness testimony was taken. The ultimate decision could bring significant regulatory changes. Moving cannabis to Schedule III would reduce restrictions but still maintain criminal prohibitions on manufacture, distribution, and possession, along with federal oversight under the CSA and the Federal Food, Drug, and Cosmetic Act.
So, what’s the broader impact if cannabis is rescheduled? And will this decision be endorsed by the Trump administration?
#aljhearing #cannabis #cannabis industry #dea #trump #trumpadministration #rescheduling
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