As Illinois’ recreational cannabis industry once again reported record sales for 2023, the state’s attorney general is calling on the federal government to reclassify the substance.

The U.S. Drug Enforcement Agency classifies cannabis as a Schedule 1 drug, meaning the federal government believes it has “no currently accepted medical use and a high potential for abuse.”

But Attorney General Kwame Raoul and his counterparts in 11 other states are calling on a reclassification to Schedule 3, meaning it has “a moderate to low potential for physical and psychological dependence.”

Raoul and the other attorneys general said the reclassification would allow states to continue to “set the standard” for legal products, would allow businesses to take ordinary tax deductions, and would increase the ability to research the substance to fully determine its effects.

Read more at wrex.com