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White House · 117th Congress

Biden announces sweeping pardon of federal marijuana possession convictions

The president also said he would be seeking a federal review of the scheduling of marijuana, which is currently a “Schedule I” substance, similar to heroin or LSD and even higher than fetanyl.

By Niels Lesniewski and Ariel Cohen

October 6, 2022

White House · 117th Congress

Erotica, pot firms join oil patch to keep fair access bank rule

Despite decriminalization in many states, marijuana remains a Schedule 1 controlled substance at the federal level, and most banks won’t loan to dispensaries or other cannabis businesses.

By Henry Kenyon

February 10, 2021