In a historic announcement Thursday, President Joe Biden said that his administration would move to formally reschedule cannabis under federal law. The Justice Department has moved to reclassify cannabis from Schedule I to Schedule III under the Controlled Substances Act, beginning with a proposed rule posted today on the department's site.
"This is monumental," Biden said in a video Tweet Thursday. "Look folks, no one should be in jail for merely using or possessing marijuana. Period. Far too many lives have been upended because of our failed approach to marijuana. I'm committed to righting those wrongs. You have my word on it."
