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ARTICLE · 23 MAY 2024

Wheels Moving On Reclassification Of Cannabis As AG Launches Rulemaking Process

Scarinci Hollenbeck LLC
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On May 16, 2024, President Joe Biden announced that his administration is committed to reclassifying cannabis.

United StatesCannabis & Hemp
Daniel T. McKillop
Daniel T. McKillop

On May 16, 2024, President Joe Biden announced that his administration is committed to reclassifying cannabis. Shortly thereafter, Attorney General Merritt Garland initiated the formal rulemaking process to move cannabis from a Schedule I to a Schedule III drug under the Controlled Substances Act (CSA).

"This is monumental," President Biden said in a video statement announcing the rescheduling. "Today my administration took a major step to reclassify cannabis from a Schedule I to a Schedule III drug. It's an important move towards reversing longstanding inequities."

While the Department of Justice's Notice of Proposed Rulemaking (NPRM) to transfer cannabis to Schedule III is welcome news for the cannabis industry, the change is not yet a done deal. Once published in the Federal Register, the proposal will be subject to a 60-day comment period, which is expected to generate significant feedback, as well as a potential administrative hearing by the U.S. Drug

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