Biden’s bad gift to Big Pot
Washington Examiner
September 01, 2023 07:00 AM
The Biden administration ignored “the science” this week and exacerbated a growing national health problem, all to win young people’s votes and give massive tax breaks to friends in the marijuana industry.
The federal Drug Enforcement Agency can and should reject President Joe Biden’s latest pot-pandering proposal, which it has the power to do.
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At issue is whether to reclassify marijuana from a Schedule I controlled substance to a significantly less restrictive Schedule III one. Drugs on Schedule I, such as heroin, LSD, and ecstasy, are considered to pose a high risk for abuse, whereas Schedule III drugs, such as ketamine and testosterone, are deemed to have “moderate to low potential for physical and psychological dependence.”
Under Schedule III, marijuana could be obtained legally nationwide with a prescription, although it could not be sold without restriction over the counter. In addition to making it far easier to use and abuse marijuana, moving marijuana to Schedule III would open a floodgate of investment into the industry. It would allow marijuana businesses to take tax exemptions for expenses such as salaries, benefits, office supplies, and travel costs.
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https://www.washingtonexaminer.com/opinion/editorials/bidens-bad-gift-to-big-pot
