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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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Pro-marijuana groups claim reclassification would be good for businesses

(The Center Square) — The Trump administration is looking to reclassify marijuana as a less dangerous drug, which could lessen criminal penalties and expand banking opportunities for companies in the business.

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