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Forbes
Forbes
16 May 2024


The Department of Justice moved to reclassify marijuana as a less dangerous drug Thursday, in a historic move that could pave the way for a major expansion of medical use, though the proposal still needs final approval before becoming official.

Ban Introduced On Smoking Marijuana In Public Areas

President Joe Biden announced marijuana will be reclassified as a Schedule III drug after years of ... [+] debate.

Getty Images

President Joe Biden announced the reclassification in a video Thursday, saying “[t]oo may lives have been upended because of our failed approach to marijuana.”

Under the proposed move, marijuana will be reclassified from a Schedule I drug, according to the Drug Enforcement Agency—which groups it alongside drugs like heroin, LSD and ecstasy—to a Schedule III drug.

The proposal still needs final approval from the DEA.

This is a breaking story and will be updated.