Cannabis to be Rescheduled by the DEA

New DEA Logo ... probably

New DEA Logo ... probablyYesterday afternoon, the canna-world caught fire as the Associated Press broke the news that the US Drug Enforcement Agency will be rescheduling cannabis from Schedule I to Schedule III:

The proposal, which still must be reviewed by the White House Office of Management and Budget, would recognize the medical uses of cannabis and acknowledge it has less potential for abuse than some of the nation’s most dangerous drugs. However, it would not legalize marijuana outright for recreational use.

The agency’s move, confirmed to the AP on Tuesday by five people familiar with the matter who spoke on the condition of anonymity to discuss the sensitive regulatory review, clears the last significant regulatory hurdle before the agency’s biggest policy change in more than 50 years can take effect.

Once OMB signs off, the DEA will take public comment on the plan to move marijuana from its current classification as a Schedule I drug, alongside heroin and LSD. It moves pot to Schedule III, alongside ketamine and some anabolic steroids, following a recommendation from the federal Health and Human Services Department. After the public comment period and a review by an administrative judge, the agency would eventually publish the final rule.

We’ll have more in-depth analysis as we get it, but for sure check out the thoughts from the crew at Courage in Cannabis on this historic move.