Cannabis remains a Schedule I controlled substance under the Controlled Substances Act (CSA), classified alongside heroin and LSD. In May 2024, the DEA proposed rescheduling cannabis to Schedule III following an HHS recommendation, but as of April 2026 the rulemaking remains pending after receiving over 42,000 public comments and no final rule has been issued. The 2018 Farm Bill legalized hemp (below 0.3% THC) under USDA oversight, and the FDA has approved one cannabis-derived drug (Epidiolex). IRS Section 280E continues to deny standard business deductions to state-legal cannabis operators. The SAFE Banking Act, which would protect financial institutions serving cannabis businesses, has not advanced in the current Congress. FinCEN requires banks to file Suspicious Activity Reports for cannabis-related transactions, and USPS prohibits mailing cannabis products. This is a synthetic overlay entity representing federal policy that applies across all US jurisdictions.
Ask the Expert about United States — FederalControlled Substances Act, 21 U.S.C. § 801 et seq.
Drug Enforcement Administration (DEA) / Food and Drug Administration (FDA)