In recent years, marijuana has become a booming industry in the United States. With its legalization for medical purposes in 37 states and recreational use in 23 states, revenues are projected to reach a staggering $40 billion this year. However, despite this growth, there is still a lack of federal oversight and a patchwork of inconsistent state regulations.
President Biden took a significant step towards decriminalization by pardoning every American who has used marijuana. In addition, recently disclosed federal government documents indicate that scientists are recommending a rescheduling of marijuana. The researchers argue that marijuana should no longer be considered on par with illicit drugs like heroin, suggesting that it should face fewer restrictions. They cite studies showing that marijuana is less likely to cause harm than Schedule I substances.
