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This is not about stopping the flow of dangerous drugs, it is about actually increasing the flow of the dangerous drug some pushers want to keep us all hooked on.
President Donald Trump’s saber-rattling about potential military action in Venezuela is indeed about drugs, but not cocaine. It is about a far more dangerous drug that former President George W. Bush admitted (in his 2006 State of the Union address) the US is addicted to—oil.
Venezuela has the largest proven oil reserves in the world—300 billion barrels—even larger than reserves in Saudi Arabia. Mr. Trump and his oil industry friends may imagine that by deposing President Nicolas Maduro and installing a friendly government there, the US would have unlimited access to this huge oil reserve, which is five times larger than the proven reserves in the US. Never mind the fact that for any hope of future climate stability, most of this oil needs to stay right where it is, in the ground.
We've seen this tragic play before. The Bush administration justified its disastrous 2003 invasion of Iraq with the pretext that Iraq had weapons of mass destruction which, as it turned out, it didn't. And as US Central Command commander General John Abizaid admitted about the Iraq war at the time: “Of course it’s about oil, it’s very much about oil, and we can’t really deny that.” The invasion killed tens of thousands of people, mostly civilians, and destabilized the broader Middle East region for years.
And now here we go again. A similar pretext—this time “drug interdiction”—is being used to justify a potential US invasion and regime change in Venezuela. But this is not about stopping the flow of dangerous drugs, it is about actually increasing the flow of the dangerous drug some pushers want to keep us all hooked on—oil. As Colombian President Gustavo Petro recently stated on the US-Venezuela threat: “Oil is at the heart of the matter.”
Instead of admitting their addiction, the damage it causes, and committing to recovery, hard core junkies are always desperate for more supply. It seems Mr. Trump and his oil industry friends are the most dangerous narco-traffickers we need to worry about.
The question is no longer whether the United States should move toward legalization, but why federal law still treats a mainstream industry as a crime.
This fall, the Drug Enforcement Administration is anticipated to decide whether to reclassify cannabis at the federal level. Nearly 90% of Americans support cannabis legalization, 47 states have legalized it for medical use, and over 20 allow for recreational use. The question is no longer whether the United States should move toward legalization, but why federal law still treats a mainstream industry as a crime.
In 2024, Americans spent just as much on cannabis as they did on beer. The US legal cannabis market is worth more than $35 billion and expanding quickly. Yet, under federal law, cannabis is still a Schedule I drug, grouped alongside heroin and considered to have “no medical use.” It’s a Nixon-era relic that has remained unchanged since 1971—by those outdated standards, cocaine and crystal meth are classified as less harmful Schedule II substances. That classification is not only outdated, but it also creates an untenable mismatch between federal policy and economic reality.
Today, cannabis is one of the fastest-growing industries in America, employing nearly 500,000 people—more than the beverage and tobacco manufacturing industries combined—and generating billions in annual tax revenue. Federal legalization would strengthen an already significant engine of economic growth. The cannabis industry added roughly $115 billion to the US economy in 2024 alone and is expected to reach $45 billion in legal sales by 2025. It is one of the few sectors that is both labor-intensive and domestically produced—every gram sold is grown, tested, packaged, and distributed in the US.
All of this growth has happened without access to the basic tools every other sector relies on: banking, capital markets, credit cards, and institutional investment. Because cannabis remains federally illegal, businesses can’t take out conventional bank loans, list on US stock exchanges, or process credit card payments. Dispensaries operate as cash-only businesses, creating daily security risks for employees and customers. Entrepreneurs cannot access Small Business Administration loans or standard insurance. Even employees, founders and executives in the cannabis industry often struggle to qualify for personal mortgage loans due to the industry they work in.
Rescheduling would not be radical. It would be a recognition of the obvious: Cannabis is already part of American life and the American economy.
The result is a thriving yet hobbled industry, competing on an uneven playing field. Legal operators are forced to navigate a different set of regulations, packaging requirements, and facilities for every state where they conduct business, while the illicit market still accounts for an estimated $50 billion in unregulated sales each year and has no problem selling cannabis to the American youth. The DEA’s forthcoming decision offers an opportunity to modernize this system before it calcifies further.
The cultural and economic shifts are here to stay. Cannabis is mainstream. It’s integral to how Americans relax, socialize, and take care of themselves. It’s in our music, our fashion, our film, and our homes. What’s missing is a legal, regulatory, and financial framework at the federal level that reflects reality.
The public health case is equally clear. Consistent national standards would strengthen consumer safety and transparency, closing the gap between legal and illicit markets. Rescheduling would also remove barriers to research and innovation. The current classification makes it nearly impossible for US scientists to study cannabis at scale, leaving critical medical discoveries to foreign and underfunded research programs.
In a country where millions of adults use cannabis for anxiety, pain, and sleep, and where opioid dependency remains a public health crisis, the restriction is not just outdated, but negligent.
A recent study published by the American Journal of Health Economics found that states with legal cannabis programs reduced opioid prescriptions by up to 22%. The American Medical Association also found that cannabis helps cancer patients reduce opioid use throughout their treatments.
Legalization would also improve public safety. With access to banking, dispensaries could move away from cash-heavy operations that make them frequent targets for robbery. National standards for labeling, potency, and contaminants would protect consumers and build trust. And as we’ve already seen in legal states, underage use declines when cannabis is regulated.
Rescheduling would not be radical. It would be a recognition of the obvious: Cannabis is already part of American life and the American economy. In 2023, the Department of Health and Human Services formally recommended to the DEA that cannabis be rescheduled—a historic acknowledgment that federal law is out of step with science, public opinion, and economic reality. Even the Supreme Court has noted the “contradictory and unstable” relationship between federal and state cannabis laws.
This is one of the few policy issues with broad bipartisan support. Former President Joe Biden campaigned on rescheduling cannabis in 2020. So did President Donald Trump in 2024. With the DEA’s decision imminent, the window for meaningful modernization has never been clearer.
The cultural reality is undeniable. The economic opportunity is massive. The public mandate is clear. The question is no longer whether cannabis belongs in American life—it already does. The question is when federal law will finally catch up.
It’s time for Washington to finish what the majority of states have already started: Bring cannabis policy into alignment with science, economics, and public consensus.
What makes these strikes so appealing to President Donald Trump is that it gives him the godlike power to look down from above and smite anyone who displeases him. But that won't stop the flow of drugs.
The Trump administration has been blowing up fishing boats in the Caribbean—and now one in the Pacific—claiming without evidence that they’re “drug boats.”
These are extrajudicial executions outside any system of law. And there’s a reason we shouldn’t allow drug warriors to act as judge, jury, and executioner: because over the years, they’ve made many, many tragic mistakes and killed lots of civilians.
I’ve seen countless tragedies like these in my decades studying drug policy. Two were particularly egregious.
In 2001, the United States was using local air forces to shoot down alleged trafficking planes over the Peruvian Amazon. In this case, a surveillance plane flown by CIA contractors misidentified a pontoon plane and had it shot down. Instead of traffickers, they killed a missionary from Michigan named Veronica Bowers and her infant daughter.
Would it be okay for the Mexican military to blow up a US fishing boat because they believed it was smuggling deadly guns into Mexico, even if they offered no evidence? Would that be acceptable to this administration?
The second case was an incident in Honduras in 2012, where the Drug Enforcement Administration and local forces mistakenly opened fire on a water taxi, killing four people—including two pregnant women—and then tried to cover it up.
What makes these strikes so appealing to President Donald Trump is that it gives him the godlike power to look down from above and smite anyone who displeases him, without consequence. He’s even told sick jokes about local fishermen in the Caribbean now being afraid to get in their boats.
If he’s allowed to normalize this kind of international extrajudicial killing, I don’t think it’s a far leap for him to try it domestically.
Imagine a cop chasing a guy down the street, getting hot and tired, and shooting the suspect in the back. The cop probably wouldn’t tell a judge, “Well your honor, I didn’t want to chase him, so I just shot him.” But here’s the president declaring on the international stage: We’re not going to do police work. We’re just going to kill people.
Now imagine the shoe’s on the other foot. Most of the killings in Mexico are done by guns smuggled from the United States. They call it the “River of Iron,” and it’s responsible for literally hundreds of thousands of killings in the country in the past 20 years.
So would it be okay for the Mexican military to blow up a US fishing boat because they believed it was smuggling deadly guns into Mexico, even if they offered no evidence? Would that be acceptable to this administration?
The drug war acts as a price support for drug dealers. That’s why no one wants the drug war to continue more than the smugglers themselves.
Here’s what drug warriors don’t understand: The US isn’t under armed attack from drug traffickers. It’s actually the opposite.
Most drugs cost pennies per dose to manufacture. But the higher the risk to the individual smuggler—like the risk of getting arrested, shut down, or blown up—the more they can charge as drugs move down the smuggling chain.
By the time drugs reach users, they’ve snowballed in value. But consumers in the US have proven more than willing to pay hyper-inflated prices, and even risk arrest, for drugs—just as drinkers were once willing to pay bootleggers huge sums for booze during Prohibition.
In short, our policies create tremendous value for substances that are relatively cheap. We’re making trafficking more profitable, not less.
So if the US bombs a trafficker—or an alleged trafficker—we escalate the risk premium for everyone else in that industry. It’s a bad deal for you if you’re the one who’s killed, but it creates a “job opening” for others in the operation, or a rival cartel, to take over that turf—which is now more lucrative.
The drug war acts as a price support for drug dealers. That’s why no one wants the drug war to continue more than the smugglers themselves. This was ultimately why the US ended alcohol prohibition.
Addiction is a public health problem and requires public health solutions, not allowing someone like Trump to play judge, jury, and executioner—at home or abroad.