FreedomWorks Reacts to Marijuana Reclassification

Washington, D.C. – Following the Department of Justice’s confirmation that the Drug Enforcement Agency plans to reclassify marijuana from Schedule I of the Controlled Substances Act to Schedule III, Adam Brandon, FreedomWorks president, commented:

It seems the Biden administration wants to have its edibles and eat them too. They want the credit for legalization without stepping a toe in that direction. The move to reclassify marijuana again falls short of repealing prohibition at the federal level, and quite frankly, reeks of another half-baked vote-buying scheme.”

“While the reclassification allows for medical research and some tax breaks for marijuana businesses, it does not resolve the conflict between state legalization and federal prohibition. This leaves legal marijuana businesses in 38 states open to federal prosecution and closed to essential banking services enjoyed by every other legal business.”

“As a result, we encourage Congress to support bipartisan legislation such as the SAFER Banking Act, which would protect banks from prosecution merely for doing business with the marijuana industry. Contrast the SAFER Act with its heavy-handed and bureaucratic counterpart, the MORE Act, which grants the federal government far too much power to tax and regulate an already overburdened industry. It’s not even close. SAFER is better, MORE does too much.”

“At the end of the day, Americans agree, it’s about legalizing freedom.”

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FreedomWorks exists to mobilize the principled center and politically homeless in America who do not feel their values of fiscal responsibility, social tolerance, and individual liberty are being represented in political discourse today. We seek to restore common sense and competence to public policy and American political life.