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home / articles / DEA - Marijuana Reclassification And DEA: Congressional Report Outlines Rescheduling Limits | Benzinga


DEA - Marijuana Reclassification And DEA: Congressional Report Outlines Rescheduling Limits | Benzinga

The U.S. Drug Enforcement Administration (DEA) might finally budge on it is decades-long cannabis criminalization, but don’t hold your breath for legal weed shops just yet. In a  new report published Tuesday, the Congressional Research Service (CRS) explained the limitations of rescheduling, stressing state-legal markets would still be in federal crosshairs, facing potential raids and prosecution.

While rescheduling cannabis from Schedule I (no accepted medical use and high potential for abuse) to Schedule III (accepted medical use and low potential for abuse) sounds promising, it would not necessarily legalize the booming state-legal cannabis industry.

"Moving marijuana from Schedule I to Schedule III, without other legal changes, would not bring the state-legal medical or recreational marijuana industry into compliance with federal controlled substances law," according to the CRS report.

"With respect to medical marijuana, a key difference between placement in Schedule I and Schedule III is that substances in Schedule III have an accepted medical use and may lawfully be dispensed by prescription, while ...

Full story available on Benzinga.com

Stock Information

Company Name: Easterly Government Properties Inc.
Stock Symbol: DEA
Market: NYSE
Website: easterlyreit.com

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