Close Menu
The Cannabis Journal

    Subscribe to Updates

    Get the latest creative news from The Cannabis Journal

    What's Hot

    Trump’s Truth Social Post Sparks Buzz — Enthusiasts See New Signal

    September 29, 2025

    MMJ’s Cannabis Softgel Approach Offers a New Path in Huntington’s Disease — Scalable Alternative to Gene Therapy?

    September 26, 2025

    A New Alliance: Nvidia Invests in Intel Amidst Geopolitical Shifts

    September 23, 2025
    X (Twitter) Instagram
    The Cannabis JournalThe Cannabis Journal Monday, October 6
    Trending
    • Trump’s Truth Social Post Sparks Buzz — Enthusiasts See New Signal
    • MMJ’s Cannabis Softgel Approach Offers a New Path in Huntington’s Disease — Scalable Alternative to Gene Therapy?
    • A New Alliance: Nvidia Invests in Intel Amidst Geopolitical Shifts
    • Tilray and Sundial Growers Navigate Shifting Cannabis Landscape Amid Regulatory Optimism
    • The Value of REITs in a Dividend Portfolio: Spotlight on AGNC, Realty Income, and VICI
    • High Tide Poised for Strong Q3 Results After August Guidance — What to Watch
    • Klarna’s NYSE Debut: Europe’s BNPL Giant Eyes U.S. Expansion Amid Investor Buzz
    • Rescheduling Hope Ignites Buzz in Cannabis Industry — But Is the Optimism Warranted?
    The Cannabis JournalThe Cannabis Journal
    • Home
    • Cannabis News
    • Stocks
    • High Tide Inc.
    • About Us
    The Cannabis Journal
    Home»Cannabis News»US Congressman Vows to File 1-to-3 Act to Reschedule Cannabis
    Cannabis News

    US Congressman Vows to File 1-to-3 Act to Reschedule Cannabis

    The Cannabis JournalBy The Cannabis JournalAugust 26, 2025No Comments5 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    UPDATE: U.S. House Rep. Greg Steube, R-Fla., officially filed his latest Marijuana 1-to-3 Act.

    As President Donald Trump weighs executive action over the “next few weeks” to potentially reschedule cannabis, a Republican U.S. congressman announced Aug. 11 that he plans to take legislative action.

    U.S. House Rep. Greg Steube, R-Fla., pledged to reintroduce his Marijuana 1-to-3 Act this week to reclassify cannabis from a Schedule I to Schedule III drug under the Controlled Substances Act.

    Advertisment: Cannabis Business Times » Cannabis Business Times Best Cannabis Companies to Work For » CBT Best Companies 2026 ROS Parallax Reveal » bcc-ads-730x570

    Steube announced his intentions on social media following Trump’s first public comments on cannabis policy since taking office nearly eight months ago. The president said that while “some people like it” and “some people hate the whole concept” of cannabis, his administration plans to determine whether the plant should be rescheduled “over the next few weeks.”

    Advertisment: Cannabis Business Times » Cannabis Business Times Best Cannabis Companies to Work For » CBT Best Companies ROS 300x250 Medium Rectangle » great-place-2026-animation300x250.gif

    RELATED: Trump Publicly Addresses Cannabis Rescheduling: Decision Coming in ‘Next Few Weeks’

    Advertisment: Cannabis Business Times » Cannabis Business Times Best Cannabis Companies to Work For » CBT Best Companies ROS 300x250 Medium Rectangle » great-place-2026-animation300x250.gif

    The executive branch’s rescheduling plot has been ongoing since President Joe Biden asked his administration in October 2022 to initiate an administrative process to review how cannabis is scheduled under federal law. As a Schedule I controlled substance, cannabis is in the same company as heroin, LSD and ecstasy, with no “currently accepted medical use.”

    Steube, who has filed the Marijuana 1-to-3 Act in the past three congresses, plans to renew his legislative branch push this week.

    “It makes zero sense that federal law treats marijuana the same as heroin and LSD,” he wrote on X. “It is even more ridiculous that cocaine is technically classified as less restrictive than marijuana.”

    Cocaine is listed under Schedule II, alongside fentanyl, OxyContin, Vicodin, Adderall, Ritalin and other drugs considered to have medical value.

    Advertisment: Emerald Harvest » Emerald Harvest Order 115 » CBT ROS Leaderboard Ad 728x90 August 2025 » eh-360-web-banner-728x90.

    “This week, I’m reintroducing my Marijuana 1-to-3 Act to move marijuana from Schedule I to Schedule III under the Controlled Substances Act,” Steube said. “This is a common-sense change that will finally allow real scientific research into its medicinal value and ensure our drug laws reflect reality. I urge my colleagues and the Trump administration to get it done.”

    While cannabis would remain criminalized under a Schedule III status, penalties related to manufacturing, distributing and possessing could be less severe; however, drug trafficking penalties related to cannabis are often discretionary in the judicial system, and vary from state to state.

    Also, while researching Schedule III substances often involves less-burdensome requirements by the Drug Enforcement Administration (DEA) compared to Schedule I substances, the notion that moving cannabis to Schedule III would unlock research opportunities is a false narrative, according to legal experts.

    When Biden signed the bipartisan Medical Marijuana and Cannabidiol Research Expansion Act in December 2022, the legislative intent was to facilitate cannabis research as a Schedule I drug through streamlining the DEA registration process and removing U.S. Food and Drug Administration barriers.

    However, by creating separate requirements for cannabis researchers and manufacturers, the act may have unintentionally cemented certain Schedule I research barriers into place if cannabis is reclassified to a Schedule III substance, according to the nonpartisan Congressional Research Service (CRS).

    While demand for research could grow with less stigma tied to a Schedule III listing, many restrictions will remain in place, including a barrier for researchers to source high-THC cannabis from state-licensed cultivators.

    Jason Adelstone, an attorney at Harris Sliwoski LLP, shares the CRS viewpoint.  

    “One of the most commonly touted benefits of moving marijuana to Schedule III is that it will bust open research restrictions,” he wrote on July 28. “Unfortunately, due to existing legislation—specifically the Medical Marijuana and Cannabidiol Research Expansion Act (research act)—this benefit is largely illusory.”

    In defining cannabis separately from its schedule, the research act codified Schedule I-level restrictions on cannabis manufacturing and research, regardless of its schedule status, according to Adelstone.

    However, the appetite for state-level and university-led research could improve under Schedule III’s less restrictive perception, Adelstone wrote.

    When Steube introduced his previous iteration of the Marijuana 1-to-3 Act in January 2023, he said one of the main benefits of the legislation would be to allow researchers to access federal funds to determine the plant’s medical value. However, there was no specific language in the two-page bill related to providing these federal funds or any mention of research in general.

    In addition to ongoing limitations on federal research, reclassifying cannabis to Schedule III won’t be a silver bullet for banking access, interstate commerce or market access. Separate congressional actions, like the SAFE Banking Act, would be needed.  

    One of the most impactful benefits of moving cannabis to Schedule III involves removing Section 280E tax barriers in the Internal Revenue Code for state-sanctioned cannabis businesses. Tied to a Schedule I listing, these businesses are barred from deducting ordinary business expenses, from payroll to rent and utilities.

    Another Schedule III perk would be removing certain marketing violations for businesses, which, under federal 21 U.S.C. §843(c), cannot advertise in newspapers, magazines or other publications under a Schedule I status. However, state-by-state marketing and advertising regulations vary.

    Still, the continuing unknowns of one presidential administration’s enforcement policies to the next present cannabis businesses, states and citizens with unwavering uncertainties. But with 40 states legalizing medical cannabis since 1996 and 24 states legalizing adult-use cannabis since 2012, the federal government represents a late arrival on the scene.

    “It’s a very complicated subject—the subject of marijuana,” Trump said during an Aug. 11 White House press conference, while mentioning his administration’s upcoming cannabis rescheduling decision. “That determination hopefully will be the right one.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleGoogle NotebookLM goes global with multilingual AI video summaries of your notes
    Next Article Wall Street Zen Upgrades Caribou Biosciences (NASDAQ:CRBU) to Hold
    The Cannabis Journal
    • Website

    Related Posts

    Cannabis News

    Trump’s Truth Social Post Sparks Buzz — Enthusiasts See New Signal

    September 29, 2025
    Cannabis News

    MMJ’s Cannabis Softgel Approach Offers a New Path in Huntington’s Disease — Scalable Alternative to Gene Therapy?

    September 26, 2025
    Cannabis News

    Tilray and Sundial Growers Navigate Shifting Cannabis Landscape Amid Regulatory Optimism

    September 17, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Latest

    Trump’s Truth Social Post Sparks Buzz — Enthusiasts See New Signal

    September 29, 20255 Views

    MMJ’s Cannabis Softgel Approach Offers a New Path in Huntington’s Disease — Scalable Alternative to Gene Therapy?

    September 26, 20252 Views

    A New Alliance: Nvidia Invests in Intel Amidst Geopolitical Shifts

    September 23, 20251 Views

    Tilray and Sundial Growers Navigate Shifting Cannabis Landscape Amid Regulatory Optimism

    September 17, 20255 Views
    Stay In Touch
    • Twitter
    • Instagram

    Subscribe to Updates

    Get the latest tech news from The Cannabis Journal.

    Most Popular

    High Tide Surges Ahead as Integrity and Scale Define Industry Leadership

    September 4, 20259 Views

    Tilray Stock: Stunning 5x Growth Potential Revealed

    August 26, 20258 Views

    German Retail Acquisition Pending for High Tide – New Cannabis Ventures

    August 21, 20258 Views
    Our Picks

    Trump’s Truth Social Post Sparks Buzz — Enthusiasts See New Signal

    September 29, 2025

    MMJ’s Cannabis Softgel Approach Offers a New Path in Huntington’s Disease — Scalable Alternative to Gene Therapy?

    September 26, 2025

    A New Alliance: Nvidia Invests in Intel Amidst Geopolitical Shifts

    September 23, 2025

    Subscribe to Updates

    Get the latest creative news from The Cannabis Journal

    Facebook X (Twitter) Instagram Pinterest
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms & Conditions
    • Disclaimer
    © 2025 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.

    Ad Blocker Enabled!
    Ad Blocker Enabled!
    To make it possible to run this website, we would love to show you some ads! Please <3 Thanks - The Cannabis Journal