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Trump Says His Administration Looking at Reclassifying Marijuana as Less Dangerous Drug

UNITED STATES, AUG 11 – Reclassifying marijuana as Schedule III could ease restrictions, boost medical research, and increase industry profits, with 45 states already legalizing some form of cannabis use.

  • In a press conference on August 11, 2025, President Donald Trump said his administration is considering reclassifying marijuana as a less dangerous drug, with a decision coming in the next few weeks.
  • Amid pressure from lawmakers, industry advocates and state officials, in 2023 Health and Human Services recommended moving marijuana to Schedule III, but the rule has been on hold since March 2023.
  • Shifting cannabis to Schedule III would acknowledge medical uses, ease research restrictions and reduce federal tax burdens, though it would not legalize marijuana federally and could mark the most significant shift in more than 50 years.
  • Broader implications include that rescheduling marijuana could bolster research, reduce stigma, improve access to capital, and open a large addressable market nationwide, TD Cowen analyst Derek Lessard said.
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Trump says his administration looking at reclassifying marijuana

President Donald Trump on Monday confirmed he is considering reclassifying marijuana as a less dangerous drug.

·United States
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KPAX broke the news in on Monday, August 11, 2025.
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