By Derrick Stanley
A new bill introduced to Congress would reschedule marijuana as a Schedule III substance, a classification it would share with Tylenol and codeine.
Two Florida congressmen, Republican Rep. Matt Gaetz and Democratic Rep. Darren Soto, introduced legislation Thursday that would transfer marijuana from its current standing as a Schedule I substance, the strictest of the classifications, to Schedule III of the Controlled Substances Act.
In an interview with The Cannabist, Gaets said that having marijuana on a lower rung would uphold the rights of states that have legalized the medical use of cannabis, allow for banking activities and create a clearer path for research,
“I have supported cannabis reform as a state legislator, and I want to see the people that I fought for in my state have access to a legal, high-quality product that’s been well-researched,” Gaetz said.
If it passes, the yet-to-be-named House Bill 2020 would not affect recreational cannabis businesses in operation.