Cannabis Business Times
by Melissa Schiller
25 Jan 2021

U.S. Rep. Greg Steube (R-FL) has reintroduced the Marijuana 3-to-1 Act to federally reschedule cannabis, as first reported by Marijuana Moment.

Stuebe’s proposal, which is identical to a measure he put forth last session, would move cannabis from Schedule I to Schedule III of the Controlled Substances Act (CSA).

Although rescheduling would lift the burden of tax code 280E and make cannabis research easier, per Marijuana Moment, the move would not end federal prohibition entirely.