How its reclassification by the DEA could impact Americans [Video]

PHOENIX – Sources with the Associated Press report on April 30 that the U.S. Drug Enforcement Administration will move to reclassify marijuana.

The agency’s move, which was confirmed by five people familiar with the matter who spoke on the condition of anonymity to discuss the sensitive regulatory review, clears the last significant regulatory hurdle before the agency’s biggest policy change in more than 50 years can take effect.

Here’s what it can mean for everyday Americans.

What’s going to change?

The proposal reportedly calls for the reclassification of marijuana from its current status as a Schedule I drug to a Schedule III drug, under the frameworks established by the Controlled Substances Act.

A report published by the Congressional Research Service states that marijuana has been classified as a Schedule I drug since 1970.

Schedule I? Schedule III? What does that mean?

The Drug Enforcement Administration’s websitestates that “drugs, substances, and certain chemicals used to make …