The Biden administration’s recent move to reschedule marijuana from Schedule I to Schedule III has been drawing criticism from activists on both sides of the issue.
For those focused on science and medical efficacy, it’s a move that fails to recognize the growing body of scientific and medical data that shows today’s marijuana is more addictive and more harmful than that of previous generations. For pro-pot activists, the move comes up short of fully legalizing their wonder drug. It also does nothing to deal with criminal justice reform.
The move, however, has a clear winner: the cannabis industry. Companies such as Trulieve, Cresco, Canopy Growth and Cronos and their allies Big Tobacco and Wall Street will all see a boon from President Biden’s election-year “reform.”
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https://www.washingtontimes.com/news/2024/jun/10/cannabis-industry-is-about-money-not-medicine