Biden Use his Powers? No, he won't do it and said he won't do it.
First of all, what a day! Last I looked, 75 million shares and then TLRY blew the joint down and it all came to a HALT! Have to be far to the shorts ...Right???
Oct, 2022 Biden started the ball rolling with the below!
He went to HHS, they went to the FDA and now it's with the DEA.
If Passed through Congress, then to the President and back to the FDA as a controlled sunstance "Cannabis". They will regulate it. Just like Tobacco, Alcohol etc...But
It will NOT be Federally Legal under Schedule III! ONLY in States that are Legal.
Correct me if I'm wrong.
Will look good on his election campaign!
Cheers,
V
Third, I am asking the Secretary of Health and Human Services and the Attorney General to initiate the administrative process to review expeditiously how marijuana is scheduled under federal law. Federal law currently classifies marijuana in Schedule I of the Controlled Substances Act, the classification meant for the most dangerous substances. This is the same schedule as for heroin and LSD, and even higher than the classification of fentanyl and methamphetamine – the drugs that are driving our overdose epidemic.
https://www.whitehouse.gov/briefing-room/statements-releases/2022/10/06/statement-from-president-biden-on-marijuana-reform/