Ketamine is a Schedule 3 drug. It is illegal to be in possession of Ketamine and also to distribute it if a person does not have the correct credentials and licensing. Most veterinarians will obviously be able to legally possess Ketamine. A doctor might be able to as well. However, a person outside of the veterinarian or health field who does not have the proper credentials is not able to.

As stated above, Ketamine is a Schedule 3 drug. Drugs classified in this manner are those that can be potentially abusive. These drugs however, do not have the same potential of abuse as drugs classified as Schedule 1 and Schedule 2. Schedule 3 drugs have some medical value and uses in the United States. They also have only a moderate to low risk of physical dependency. This is an accurate description of Ketamine. It is not physically addicting and it also has medicinal uses. Other examples of Schedule 3 drugs include codeine, anabolic steroids, barbiturates, morphine, opium and other opium pain relievers.

Those found in possession with Ketamine without a license or prescription, have broken Federal laws and may face charges and even jail time. As a result, those individuals who enjoy partying with Ketamine or simply using it, face the risk of getting busted and going to jail. Other punishments may include probation and court appointed drug rehabilitation. 

Ketamine is a dissociative anesthetic that can be used on both human beings and animals. In the United States, it is primarily given to animals before they are treated by a veterinarian. However, recreational, human consumption has increased. Some people are taking it in order to get high. It has become a popular club drug and puts people in a dream life state when small amounts of it are taken. When too much is consumed, an individual may feel like they are disconnected from their bodies. They might also experience flashbacks and have frightening hallucinations. Some people even feel like they are dying. This experience is often described as a K-hole. If a person severely overdoses on Ketamine, they may slip into a coma or even die. Ketamine is illegal to posses by persons who without a license or prescription. Those found in possession of it illegally, may face jail time.