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US drug control agency will move to reclassify marijuana

(apnews.com)
662 points JacobHenner | 3 comments | 30 Apr 24 17:32 UTC | HN request time: 0.618s | source
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andrewxdiamond ◴[30 Apr 24 17:45 UTC] No.40213760[source]▶
Weed being illegal on a federal level has had some interesting effects. Because of these laws, all legal weed has to be grown, processed, and retailed within a single state. So much industry and local employment has been created by the legal barriers in place.

It’s probably still a net positive to release the federal restriction, but I hope all these small/mid sized businesses don’t get gulped up by big tobacco or other mega corps

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1. RankingMember ◴[30 Apr 24 18:18 UTC] No.40214279[source]▶
It's also made touching the financial aspect radioactive- none of the big credit cards want to have anything to do with it so all transactions are cash, which makes things more difficult/risky for operators.
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2. ehsankia ◴[30 Apr 24 18:28 UTC] No.40214425[source]▶
Also made research very hard too.
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3. ethbr1 ◴[30 Apr 24 19:00 UTC] No.40214833[source]▶
The research component seems the biggest boon from this. I assume Schedule III is much easier to get approved for.

Which in turn will increase the number of studies.

Which will in turn provide more support for eventual legalization.

Research being blocked (often by the DEA) was one of the biggest hold-ups.