Biden hails ‘monumental’ steps toward easing marijuana rules as rescheduling process moves ahead

President Joe Biden’s administration on Thursday took another step toward reclassifying marijuana as a lower-risk substance, opening for public comment its proposed loosening of federal rules in a step the president deemed “monumental.” “Today my administration took a major step to reclassify marijuana from a Schedule I to a Schedule III drug,” Biden said in a video posted to social media. “It’s an important move towards reversing longstanding inequities.” It was Biden’s first time speaking out about the proposed rescheduling …