Cannabis Freedom Party Lauds the Decision to Move
Cannabis to Schedule 3
WASHINGTON, April 30,
2024 /PRNewswire/ -- The Cannabis Freedom Party
(CFP) is very pleased to learn of the news from the Associated
Press that the U.S. Drug Enforcement Administration will move to
reclassify cannabis as a Schedule 3 drug. The CFP sees this
reclassification as a major win for the industry and
patients.
"Moving cannabis from Schedule 1 to a Schedule 3 drug on the
Controlled Substances List is just the first winning drive in
what's going to be a long hard-fought game to bring about an end to
the War on Drugs. While some may say that descheduling is truly
what's needed, today's decision put necessary points on the board
for medical cannabis patients across this country," said
Ricky Williams, Co-Founder of
CFP.
According to the DEA, Schedule III drugs, substances, or
chemicals are defined as drugs with a moderate to low potential for
physical and psychological dependence. Schedule III drugs abuse
potential is less than Schedule I and Schedule II drugs but more
than Schedule IV. Some examples of Schedule III drugs are: products
containing less than 90 milligrams of codeine per dosage unit
(Tylenol with codeine), ketamine, anabolic steroids,
testosterone.
"We have long believed in the therapeutic potential of cannabis,
and we've witnessed firsthand its ability to alleviate a wide range
of conditions including the repercussions of years of injuries from
the NFL. The rescheduling of cannabis to Schedule 3, this will now
open the door for countless other patients who need access to this
life saving medicine," said Jim
McMahon, Co-Founder of CFP.
"This will also bring about the end to 280-E, the crushing tax
code which has burdened so many legal cannabis businesses for the
past 10 years. This will help bring about more investment into the
space and allow legal businesses to finally benefit from federal
tax deductions. Our hope now is that the federal government will
move swiftly to get this reclassification implemented and let
cannabis have the necessary first touchdown it so desperately
needs," said Kyle Turley, Co-Founder
of CFP.
About Cannabis Freedom Party
The Cannabis Freedom
Party (CFP) mobilizes communities for voter outreach,
advocates tirelessly for cannabis normalization, and upholds the
principles of personal choice. At CFP, our passion fuels a movement
for change, inviting everyone to join us in breaking down stigmas
and championing the rights to wellness and freedom. Stand with us,
contribute to our cause, and together, let's create a future where
the value of cannabis and the power of choice are recognized and
celebrated.
Media Contact:
Gretchen
Gailey
ggailey@panoptic-strategies.com
202.489.3821
View original content to download
multimedia:https://www.prnewswire.com/news-releases/dea-rescheduling-of-cannabis-a-big-win-for-patients-302133367.html
SOURCE Cannabis Freedom Party