The Biden administration on Thursday announced its support for the Justice Department to reclassify marijuana from a Schedule I to a Schedule III drug under federal law, loosening the currently strict regulations on the substance.
Under the reclassification, marijuana would join the same category as prescription drugs including ketamine, anabolic steroids and testosterone. It would no longer be classified alongside Schedule I substances like heroin and LSD.
In a video posted to X, President Biden called the move “important” for “reversing long-standing inequities.”