Trump reclassifies marijuana
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Trump's decision to move marijuana to Schedule III could ease taxes and expand medical access, but industry leaders warn it may also trigger stricter federal oversight and new legal risks.
Trump's executive order elevates cannabis research while a new hemp ban looms, easing industry uncertainty and opening doors.
Marijuana may soon be rescheduled, and the biggest change could be taxes. Here’s how reclassification could lower tax bills for marijuana research companies.
After 55 years since it was first considered a Schedule I drug, the Trump Administration is reclassifying marijuana as Schedule III, opening the door for medical research and marijuana as medicine.
President Donald Trump signed an executive order Thursday directing the attorney general to expedite the reclassifying of marijuana from a Schedule I down to a Schedule III substance in the Controlled Substances Act.
Cannabis moves from Schedule I to Schedule III under the executive order. The president said it 'doesn't legalize marijuana in any way, shape or form.'
A coalition of House Republicans is pressing President Donald Trump to maintain marijuana’s current classification as a Schedule I drug,
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