HHS Secretary Confirms It Is Recommending Cannabis Be Rescheduled, Per Biden's Directive

Health and Human Services (HHS) Secretary Xavier Becerra confirmed his agency has responded to President Biden's directive to provide scheduling recommendations for cannabis to the Drug Enforcement Agency. 

What Happened

A top official at the HHS wrote to DEA administrator Anne Milgram calling for marijuana to be reclassified as a Schedule III drug under the Controlled Substances Act, according to a letter dated Aug. 29 seen by Bloomberg News

This move represents a critical shift from cannabis's status as a Schedule I substance, which deems marijuana as not having any medical benefits and places the plant in the same category as high-risk drugs like heroin.

 

"I can now share that, following the data and science, HHSGov has responded to POTUS’ directive to me for the Department to provide a scheduling recommendation for marijuana to the DEA. We’ve worked to ensure that a scientific evaluation be completed and shared expeditiously," wrote HHS Secretary Xavier Becerra on Twitter/X.

 

“Following the data and science, HHS has expeditiously responded to President Biden’s directive to HHS Secretary [Xavier Becerra] and provided its scheduling recommendation for marijuana to the DEA on August 29, 2023,” an HHS spokesperson said.

White House press secretary Karine Jean-Pierre, per The Hill declined to comment on the process when asked about possibly rescheduling marijuana, only noting it is “independent” and led by HHS and the Department of Justice (DOJ).

“[Biden’s] asking HHS and DOJ to take a look at it, to do an initial administrative kind of process or review if you will,” Jean-Pierre said. “It’s going to be an independent process. They’re going to certainly use the evidence. It’s going to be guided by evidence and so I’m going to leave it to HHS and DOJ to move that process.”

Join us at the upcominBenzinga Cannabis Capital Conference in Chicago on September 27 and 28 where you'll meet cannabis CEOs, advocates and individuals directly affected by this news. And, who knows...maybe we'll be looking at an entirely different landscape for cannabis in terms of legalization, cannabis banking, cannabis investing and all that this booming industry deserves.

All information is available on bzcannabis.com Benzinga Cannabis Capital

Market News and Data brought to you by Benzinga APIs
Posted In: CannabisGovernmentNewsRegulationsPoliticsFDAMarketsGeneralcannabis legalizationDEAJoe BidenKarine Jean-PierreXavier Becerra
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

The Benzinga Cannabis Capital Conference is coming to Florida

The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.

Get your tickets now on bzcannabis.com – Prices will increase very soon!


Loading...