This podcast episode explores the potential impact of reclassifying marijuana from Schedule 1 to Schedule 3 in the federal system. It discusses how this change can affect sentencing practices, medical research, and the business community. The reclassification could lead to reduced federal sentences for marijuana-related crimes, facilitate further research on marijuana's uses, and create opportunities for tax credits for marijuana-related businesses. While it may not directly legalize marijuana nationwide, the reclassification signals a changing perception and a more lenient approach by the federal government, prompting lawmakers to reflect the evolving US perception of the drug.