Turns out, marijuana could be removed from Schedule I tomorrow. No, seriously. One signature from the U.S. Attorney General and boom—off the “worst of the worst” drug list. No Congress, no panels, no scientific deep dives. Just a pen and a press release.
Why? Because there’s a weird legal shortcut buried in federal law that says the AG can bypass the usual red tape if they feel like it. International treaties? Meh. Even the UN downgraded weed a while ago. We’re just kind of dragging our feet here in the States for fun.
Now sure, some folks would freak out and sue. That’s kind of the American way. But the second weed gets rescheduled, cannabis businesses could start dodging some of those nasty taxes. It wouldn’t fix everything, but it’d definitely be less of a financial horror show. Here’s the catch: that signature isn’t forever. The next AG could just walk in, cross it out, and say, “Never mind.” It’s a legal yo-yo unless Congress steps in and locks something down for good.Speaking of Congress—they’ve got bills floating around, some promising, some toothless. But until they act, cannabis is stuck in limbo, hoping the current AG is in a good mood.
Meanwhile, the industry keeps pouring money into lobbying that hasn’t moved the needle much. Might be time to rethink the strategy. Or at least buy a nicer pen for the Attorney General.