Replies to post #21433 on Marijuana - Companies & Stocks

[DarthYoda]

Options for Congress
Congress could choose to maintain the federal prohibition on marijuana, but if it wanted to address the
Schedule I status, it could do a number of things: (1) amend the CSA to move marijuana to a less
restrictive schedule; (2) create an entirely new schedule or other category for marijuana; or (3) remove it
entirely from the CSA. If marijuana remains a controlled substance under the CSA under any schedule,
that would maintain the existing conflict between the federal government and states that have legalized
recreational marijuana, though moving marijuana to a less restrictive schedule could help mitigate
conflicts between federal law and state medical marijuana laws. The creation of a new schedule solely for
marijuana would give Congress an opportunity to modify the criminality of marijuana under the CSA. If
Congress chose to remove marijuana from the CSA entirely, it could seek to regulate and tax commercial
marijuana activities.

https://crsreports.congress.gov/product/pdf/IN/IN11204