Boston, MA–(ENEWSPF)–August 11, 2017. The National Conference of State Legislatures has endorsed a resolution calling for marijuana to be removed from the US Controlled Substances Act (CSA). The plant and all of its organic constituents are classified under federal law as a schedule I controlled substance – the most restrictive categorization available.
Over three-quarters of legislators participating in this week’s legislative summit endorsed the resolution, which calls on federal lawmakers to amend the CSA so that each state can regulate cannabis how best it sees fit.
It states: [T]he National Conference of State Legislatures believes that the Controlled Substances Act should be amended to remove cannabis from scheduling thus enabling financial institutions the ability to provide banking services to cannabis related businesses; and … acknowledges that … in allowing each state to craft its own regulations we may increase transparency, public safety, and economic development where it is wanted.”
Last year, the US Drug Enforcement Administration rejected a pair of petitions that sought to initiate rulemaking proceedings to reschedule marijuana under federal law. In recent years, NORML has argued in favor of descheduling cannabis from the CSA rather than rescheduling it to a lower classification.