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US drug control agency will move to reclassify marijuana

(apnews.com)
662 points JacobHenner | 1 comments | 30 Apr 24 17:32 UTC | HN request time: 0.56s | source
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vkou ◴[30 Apr 24 17:38 UTC] No.40213662[source]▶
It's actually wild what the executive can get done in an election year... With the side effect of dangling bait for legislators to take a contrarian, nationally unpopular position.
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segasaturn ◴[30 Apr 24 17:52 UTC] No.40213870[source]▶
Election year and not to mention that the President's numbers are in shambles with younger voters. This move feels extremely transparent to me.
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flawsofar ◴[30 Apr 24 17:56 UTC] No.40213949[source]▶
Well I mean: doing things that people want them to do to get elected. Not the worst problem?
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segasaturn ◴[30 Apr 24 18:01 UTC] No.40214038[source]▶
Of course not, that's how democracy works!

My actual issue with this is:

a) it should have been done sooner. Waiting until $election_year to do something popular has severely damaged the growth of cannabis industry

and b) it's another executive branch rule by decree that could be reversed as soon as 6 months from now after election day.

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sevagh ◴[30 Apr 24 18:42 UTC] No.40214593[source]▶
>as severely damaged the growth of cannabis industry

Do you own weed stocks or something? How is the growth of the cannabis industry supposed to be the mandate of a government?

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1. segasaturn ◴[30 Apr 24 18:58 UTC] No.40214820[source]▶
Regulation shouldn't cause harm for causing harm's sake. We already know prohibition doesn't work, so why did they drag their feet on repealing regulation that is both harmful and ineffective, is my concern.

Also to answer your question about weed stocks: I used to own cannabis stocks but dumped them about a year ago. Big mistake! They've doubled in price over the last week presumably from this news.