Rescheduling marijuana would be a big tax break for legal cannabis businesses – and a quiet form of deregulation
- Written by Sloan Speck, Associate Professor of Law, University of Colorado Boulder
In December 2025, the Trump administration accelerated the process of reclassifying marijuana from Schedule I to Schedule III under the Controlled Substances Act – a shift that would reduce restrictions and penalties associated with the drug.
Under the move, medical and recreational marijuana would still remain illegal at the federal level....
