Trump Set to Reclassify Marijuana via Executive Order Tomorrow

President Donald Trump reportedly plans to sign an executive order on Thursday that shifts marijuana from Schedule I to Schedule III status under federal drug laws.

This change would recognize potential medical uses while easing research and banking barriers for the cannabis sector.

The decision comes after Trump voiced strong support for rescheduling during a recent interview, aiming to align federal rules with growing state-level acceptance.

Over 38 states now allow medical marijuana, and 24 permit recreational use, creating a patchwork that confuses businesses and patients nationwide.

Federal classification as Schedule I has long blocked clinical studies and financial services, despite evidence of benefits for pain and epilepsy.

Reclassification to Schedule III would treat marijuana like certain steroids, allowing prescriptions and tax deductions for legal operators.

Experts say this step could unlock billions in investments, though full legalization remains off the table for now.

It is true that the order directs agencies to fast-track the process, fulfilling a campaign pledge without needing congressional approval.

While some advocates push for total decriminalization, this move addresses key hurdles like research funding and veteran access under Medicare.

Media reporting for this story: 38% Left | 12% Right | 41% Center | 9% Unrated

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