Trump Weighs Reclassifying Marijuana
UNITED STATES, AUG 10 – Trump is considering moving marijuana to Schedule III, easing federal restrictions and boosting medical research and business growth amid support from industry leaders and 80% of voters.
- On August 9, 2025, President Donald Trump is considering lowering marijuana’s federal classification from Schedule I to Schedule III, WSJ reports.
- During an Aug. 1 event at his Bedminster, New Jersey golf club, Trump discussed reclassification with attendees invested in legal marijuana enterprises.
- Specifically, shifting cannabis to Schedule III would move it from Schedule I to a category like Tylenol with codeine, easing restrictions and boosting research.
- White House spokeswoman Abigail Jackson told CNN that 'The only interest guiding the president's policy decision is what is in the best interest of the American people' and that 'all policy and legal requirements and implications are being considered.'
- Some advisers note that quick reform could energize the Republican base ahead of the midterm elections, with a final decision possible in 2026 depending on the DEA process.
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UC Asset Hails Pro-Cannabis Policy Development at President Trump's Office - UC Asset (OTC:UCASU)
ATLANTA, Aug. 11, 2025 /PRNewswire/ -- UC Asset Limited Partnership (OTCQB:UCASU) has issued a statement applauding the latest policy development from President Trump's office, as reported in an exclusive article by The Wall Street Journal on Saturday. The report, titled "Trump Weighs Reclassifying Marijuana as Less Dangerous Drug," states that "The president told donors earlier this month he was interested in reclassifying the drug." This refer…
Trump administration's pot rescheduling not necessarily a sure thing
While buzz is heavy that the Donald Trump administration intends to reschedule marijuana, the White House isn’t necessarily ready to move forward. Florida Politics is hearing that, as of Sunday morning, frustration is mounting in the White House about people or companies jumping the gun and pressuring the administration through the press. While a policy process is moving forward, there will first be a recommendation for the President, which he w…
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