Hispanic Business TVHispanic Business TV
  • Featured
  • Popular Cities
    • Atlanta
    • Boston
    • Chicago
    • Dallas
    • Denver
    • Houston
    • Las Vegas
    • Los Angeles
    • Miami
    • New York
    • Phoenix
    • Salt Lake City
    • San Antonio
  • Business
    • HBTV Toolbox
      • Social Media Management
  • Politics
  • HBTV Sports
    • MLB
    • MMA
    • NCAAF
    • NBA
    • NCAAM
    • NFL
    • NHL
  • Entertainment
  • Living
    • Culture
    • Latino Lifestyle
    • Education
    • Cannabis
Reading: Breaking down what this means for Virginia
Share
Sign In
Notification Show More
Font ResizerAa
Font ResizerAa
Hispanic Business TVHispanic Business TV
Search
  • Featured
  • Popular Cities
    • Atlanta
    • Boston
    • Chicago
    • Dallas
    • Denver
    • Houston
    • Las Vegas
    • Los Angeles
    • Miami
    • New York
    • Phoenix
    • Salt Lake City
    • San Antonio
  • Business
    • HBTV Toolbox
  • Politics
  • HBTV Sports
    • MLB
    • MMA
    • NCAAF
    • NBA
    • NCAAM
    • NFL
    • NHL
  • Entertainment
  • Living
    • Culture
    • Latino Lifestyle
    • Education
    • Cannabis
Have an existing account? Sign In
Follow US
© 2024 hispanicbusinesstv All Rights Reserved.
Hispanic Business TV > LIVING > Cannabis > Breaking down what this means for Virginia
Cannabis

Breaking down what this means for Virginia

HBTV
Last updated: July 29, 2024 9:29 am
HBTV
Share
2 Min Read
Dda48c37 8a43 4998 9270 4f59fb0cc279 Large16x9 Weed.png
SHARE

(WSET) — The federal government is looking at rescheduling cannabis, meaning fewer restrictions for the plant and the industry.

The proposal received thousands of comments and now experts are weighing in.

According to the DEA, the drugs currently are classified on a scale of one to five.

A Schedule V has a low amount of narcotics, like cough medicine.

SEE ALSO: Danville schools introduce ‘Yondr pouch’ to enforce phone-free policy

Schedule I substances are what are commonly referred to as “harder drugs” that have not been approved for medical use and have a higher potential to be abused. Substances currently listed as Schedule I include heroin, LSD, ecstasy and cannabis.

Under President Biden’s direction, the Department of Justice submitted a proposal to move marijuana from Schedule I to Schedule III. This means it has moderate to low dependence factors.

President of Smart Approaches to Marijuana, Dr. Kevin Sabet, said rescheduling marijuana would provide tax breaks to large companies.

“We would never want to give Purdue Pharma and these Oxycontin companies a lot of tax breaks for breaking the law for doing something that’s harmful to the American people,” Sabet said.

CONTINUE READING: Boar’s Head recalls deli meat from factory in Virginia: investigating Listeria outbreak

Development Director of NORML, JM Pedini, argued marijuana doesn’t fit the current schedule.

“Its relatively low abuse potential is inconsistent with the criteria required for substances in either schedule one or schedule two,” Pedini, who also serves as the Executive Director of the state chapter of Virginia NORML, said.

Both groups submitted comments during the recent open period.

The decision now falls on the DEA, DOJ, and Attorney General. A hearing could be held or the government officials could decide to make the decision themselves. It’s unclear which way the decision will go.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Copy Link Print
Share
Previous Article 42af0bf07881084dda814a694758b97c.jpeg Buy Real Estate in These 10 Cities To Be Rich in 10 Years
Next Article Dv9kgxnoayrdmzqvxxqu.jpg St. Louis sees bright side for Stamkos in leaving Lightning for Predators
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

FacebookLike
XFollow
InstagramFollow
- Advertisement -
Ad imageAd image

Latest News

Phoenix District leaders unveil development proposal for north Tulsa | News
Phoenix
May 12, 2026
Black, Hispanic, female and low‑income elementary students are less likely to be identified with autism | Health Wellness
Education
May 12, 2026
Latino community groups host candidate forum ahead of Columbus primary
Latino Lifestyle
May 12, 2026
Mcglynn leads the Houston Dynamo against Real Salt Lake
Houston
May 12, 2026

Advertise

  • Advertise With Us
  • Terms and Conditions
  • Privacy Policy
  • About Us
  • Contact

HispanicBusinessTV is your go-to source for the latest in Latino lifestyle, culture, and business news. Stay informed and inspired with our comprehensive coverage and in-depth stories.

Quick links

  • Advertise With Us
  • Terms and Conditions
  • Privacy Policy
  • About Us
  • Contact

Top Categories

  • Business
  • HBTV Sports
  • Entertainment
  • Culture

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2025 HispanicBusinessTV.com All Rights Reserved. A WooWho Network Digital Property.
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?