Legislation was introduced in the Senate this week that could make some very big changes in the medical marijuana industry. The main goal for The CARERS Act (S.683) is to reclassify marijuana to Schedule II under the Controlled Substances Act, which will finally recognize the accepted medical benefits of marijuana and loosen the crippling federal grip to further study the miracle plant. This also takes away the threat of federal involvement from medical dispansaries opperating legaly under individual state's rights.
The CARERS Act would remove the potential for federal prosecution of anyone using marijuana for medical purposes, leaving states free to regulate the substances as their legislatures see fit. Together with reclassifying marijuana on the federal controlled substances list, the CARERS Act opens the door for four significant advances.