Andrea Izzotti | Adobe Stock
U.S. Rep. Greg Steube (R-FL) has reintroduced the Marijuana 1-to-3 Act to federally reschedule cannabis, as first reported by Marijuana Moment.
Stuebe’s proposal, which is identical to a measure he put forth last session, would move cannabis from Schedule I to Schedule III of the Controlled Substances Act (CSA).
Although rescheduling would lift the burden of tax code 280E and make cannabis research easier, per Marijuana Moment, the move would not end federal prohibition entirely.
Latest from Cannabis Business Times
- Navigating Cultivation Room Design: Optimization vs. Maximization
- Verano Opens 18th Medical Cannabis Dispensary in Pennsylvania
- Hundreds Interested in Kentucky’s Medical Cannabis Licenses; Just 17 Apply So Far
- Aurora Receives Expanded Cultivation, Unique Research Licenses for German Facility
- Curaleaf Opening 2 New York Medical Dispensaries, Launching Adult-Use Sales at 2 Other Stores
- Ohio’s Adult-Use Licensing Process Leads CBT’s Top Stories in July
- Planet 13 Launches Lifestyles Brand Company; Signs 1st Sponsored Athlete in UFC Title Contender Chito Vera
- LeafLink Acquires Leading Cannabis Banking Platform Dama Financial
