Trump reclassifies state-licensed medical marijuana as a less-dangerous drug in a historic shift
The US Department of Justice reclassified state-licensed medical marijuana from Schedule I to Schedule III, a less-dangerous category, under an order signed by acting Attorney General Todd Blanche. This change eases regulations and provides tax breaks for licensed medical marijuana operators.
The US Department of Justice reclassified state-licensed medical marijuana to Schedule III, a less-dangerous category. Acting Attorney General Todd Blanche signed the order, which eases regulations and provides tax breaks for licensed operators. The change does not legalize marijuana under US law but legitimizes medical marijuana programs in 40 states. It allows state-licensed producers and distributors to register with the DEA and deduct business expenses on federal taxes. Marijuana-derived medicines approved by the FDA are also listed in Schedule III. The Trump administration is launching a new administrative hearing process to consider broader rescheduling of marijuana.
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