Biden administration to greatly ease marijuana regulations; here’s how NH would be affected – Medical Marijuana Program Connection

The reclassification will help the state’s therapeutic cannabis scene – particularly when it comes to accessing federal tax breaks

The Biden administration plans to remove marijuana from a list of the most dangerous and highly regulated drugs, the Department of Justice said Tuesday.

The Drug Enforcement Administration will propose moving the drug from a Schedule I substance, which also includes heroin and methamphetamine, to Schedule III, which is the category for regulated-but-legal drugs including testosterone and Tylenol with codeine.

“Today, the Attorney General circulated a proposal to reclassify marijuana from Schedule I to Schedule III,” DOJ spokesperson Xochitl Hinojosa said in a statement to States Newsroom. “Once published by the Federal Register, it will initiate a formal rulemaking process as prescribed by Congress in the Controlled Substances Act.”

The reclassification would not have transformative effects in New Hampshire, experts say. Recreational cannabis is still illegal in the Granite State, though since 2017, people have been allowed to possess up to three-quarters of an ounce at a time without the threat of jail time.

But the reclassification will help the state’s therapeutic cannabis scene – particularly when it comes to accessing federal tax breaks.

“If you view cannabis reform as an irresistible force and the DEA is the immovable object, this is the first movement ever,” said Matt Simon, director of public…