Why the DEA just said ‘no’ to loosening marijuana restrictions

Posted by Peter on 3-10 12:52 am
Tags: amending the Controlled Substances Act, banking services to businesses and individuals involved in the cannabis industry, barrier to banks and credit unions, cannot change the legal status of marijuana unless the FDA determines it has a medical use, classic bureaucratic Catch-22, compliance risk and regulatory risk, Congress, DEA, denied a petition to lessen federal restrictions on the use of marijuana, Drug Enforcement Administration, federal government to move marijuana from Schedule 1 to Schedule 2, high potential for abuse, highly restrictive legal status of the drug, imposing substantial administrative and operational burdens, medical applications of the drug have been approved, National Conference of State Legislatures, no currently accepted medical use, recreational marijuana use is legal in four states, remains a Schedule 1 controlled substance, resolve this conflict, state lawmakers, treat marijuana differently
Categories: General Government Law Enforcement Regulation The Industry