Federal health officials acknowledged that they conducted an analysis and found that more than 30,000 health care professionals “across 43 U.S. jurisdictions are authorized to recommend the medical use of marijuana for more than six million registered patients for at least 15 medical conditions.”
Zorn posted an image to his On Drugs blog on Friday of a letter to DEA Director Anne Milgram in which the Office of the Assistant Secretary for Health writes that “Marijuana meets the findings for control in Schedule III set forth in 21 U.S.C. 812(b)(3).”
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What Rescheduling Would Mean For Cannabis
Cannabis is categorized as a Schedule 1 Substance, meaning it has no accepted medical value. Other substances that fall under this category include heroin, LSD and ecstasy. If cannabis is rescheduled, Section 280(e) of the tax code would no longer apply to cannabis businesses, allowing operators to deduct ordinary business expenses from their gross income.
Cannabis research would also open further. The consequences of this change would likely be one of the most significant outcomes of cannabis rescheduling.
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