AG Holder willing to consider dropping marijuana from same drug category as LSD, heroin and ecstasy

DENVER - Friday nights are some of the busiest at the Citi-Med dispensary, where for the moment, only green can be used to buy green.

In the eyes of the Drug Enforcement Agency, Marijuana is categorized just like heroin, LSD, and ecstasy.

It's why most banks won't accept money from pot sales.

Yet there may be a shift by the feds in making marijuana more mainstream.

Attorney General Eric Holder now says he's willing to work with Congress to possibly remove pot from the "dangerous drug list."

"We'd be more than glad to work with Congress if there is a desire to look at and reexamine how the drug is scheduled, as I said there is a great degree of expertise that exists in Congress," Holder told the House Appropriations Committee hearing Friday, the Huffington Post reported. "It is something that ultimately Congress would have to change, and I think that our administration would be glad to work with Congress if such a proposal were made."

Several members of Congress have called on the Obama administration to downgrade cannabis on its own without waiting for congressional action.

"They can't have people like me, running around with currency. They need to legitimize it and get us into the system," said Brian Ruden, manager of Citi Med and owner of Starbuds in Denver.

Ruden hopes if marijuana is downgraded, dispensaries could begin a shift in the way they do business.

"The IRS does not allow businesses that are federally illegal to write off their business expenses. So if that changes, it opens the door to having more normal accounting and tax return," said Ruden.

Congress would have to decide the parameters and approve the downgrade, something that Congressman Jared Polis, D-Boulder, has been pushing for months.

"If it's rescheduled it would be one more degree of certainty around people can and can not do," said Polis.

Polis says downgrading marijuana would also allow universities to conduct research on the drug, which is now banned under federal law.

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