The National Conference of State Legislatures (NCSL) approved a resolution Monday urging that the Controlled Substances Act should be amended to remove marijuana from scheduling in order to give federally approved banks the ability to work with marijuana businesses. This would also allow states to determine their own marijuana policies without the threat of federal interference. For a resolution to pass, it must be supported by a majority of participating legislators in each of 75% of the states…

Earlier this year, the DEA had announced that they hope to have a decision regarding the rescheduling of marijuana within the first half of 2016. That time has now come and gone with the DEA failing to deliver. A bipartisan coalition of Senators and Representatives has signed a letter to head of the DEA, Chuck Rosenberg, urging the federal agency to remove marijuana and THC from Schedule I, its current status under the Controlled Substances Act.  Schedule I is the most restrictive drug classification that,…