Steve Cohen: DEA opens U.S. hearing on reclassifying marijuana as Schedule III drug

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Parshwa Turakhiya

08.07.2026

Steve Cohen: DEA opens U.S. hearing on reclassifying marijuana as Schedule III drug — DEA reviews U.S. marijuana rules

The U.S. Drug Enforcement Administration has commenced an administrative hearing regarding its proposed reclassification of marijuana as a Schedule III substance under the Controlled Substances Act. The development, noted by commentator Steve Cohen, comes in recognition of marijuana's therapeutic potential. However, Cohen draws attention to the fact that criminal penalties and mandatory minimum sentences related to marijuana would remain unchanged, even if the DEA proceeds with the rule change.

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Cohen previously commented on significant U.S. policy developments, including the Supreme Court's decision to uphold birthright citizenship. He also addressed concerns about the impact of presidential involvement in World Cup rulings on the U.S. international image. These observations follow his ongoing focus on the legal and regulatory actions shaping national policy.

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