How The DEA's New Marijuana Classification Could Affect California's Cannabis Industry

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Drug Enforcement Administration News

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As the Drug Enforcement Administration takes steps to move marijuana from a Schedule I drug to Schedule III, we examine how California's cannabis industry could be affected.

The U.S. Drug Enforcement Administration announced plans to reclassify marijuana as a less dangerous drug and designate it a Schedule III controlled substance instead of a Schedule I drug where it is currently listed.In these challenging times, the need for reliable local reporting has never been greater. Put a value on the impact of our year-round coverage. Help us continue to highlight LA stories, hold the powerful accountable, and amplify community voices.

“ is step one of about eight steps that the federal government needs to take to make this a real viable industry,” explained Ormond. According to him, crucial next steps towards a thriving cannabis industry include Congress enacting a safe banking statute and robust interstate commerce. “For this to be a real viable industry, you have to open up those interstate commerce channels.

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