// Definition
The Trump administration's executive order moving cannabis from Schedule I to Schedule III of the Controlled Substances Act, acknowledging accepted medical use. Removes 280E tax burden on cannabis businesses but does not legalize recreational use or enable interstate commerce.
// From the Episode
Started under Biden admin, completed under Trump. Chip (endocannabinoid researcher, Roger Stone connection) explained the insider process: original plan was descheduling but Susie Wilds said Trump only wanted rescheduling. Plan is to study THC safety profile then deschedule. Kevin Sabet had meltdown. Schedule III is federally significant but does not override state programs (10th Amendment). Does not open interstate commerce.
// Source
Ep. 252 f7zHEjw9oo8 →