Trump Says His Administration Looking at Reclassifying Marijuana as Less Dangerous Drug
Reclassifying marijuana to Schedule III would ease federal restrictions, enable more medical research, and provide tax benefits for the growing cannabis industry, officials say.
- During a White House briefing Monday, President Donald Trump said his administration is considering reclassifying marijuana and aims to decide in the coming weeks.
- Following a delayed review by the Drug Enforcement Administration, the Trump administration inherited the reclassification proposal when the review stalled during Biden's presidency.
- As a Schedule I drug, marijuana has been deemed highly dangerous since 1970, but reclassification to Schedule III could mean significant tax savings for licensed sellers.
- Reclassifying marijuana to Schedule III could mean significant tax savings and ease research restrictions for the cannabis industry, as Trump said, 'decision coming in weeks.'
- More than 80% of independent voters support reclassifying marijuana, with over 64 million Americans using it during the past year, according to federal data.
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181 Articles


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