At a White House briefing earlier this week, President Donald Trump delivered his clearest signal yet that federal cannabis reform could be on the horizon, telling reporters: “We’re looking at reclassification and we’ll make a determination over the next few weeks.”
On The TDR Cannabis in Five, hosted by Shadd Dales and presented by Dutchie, we explain exactly what Trump said, why it matters, and how this could reshape the U.S. cannabis market. If cannabis is reclassified from Schedule I to a less restrictive category like Schedule III, the shift would be immediate and far-reaching—reducing criminal penalties, opening the door for expanded medical research, and removing Section 280E tax restrictions that have weighed heavily on cannabis businesses for years.
Trump’s remarks come after months of stalled action under the Biden administration, despite HHS recommending rescheduling back in 2023. Now, with his DEA nominee Terrance Cole in place, the pathway could reopen—though he hasn’t made a public commitment yet.
The cannabis industry isn’t waiting quietly. Top executives and advocates are pressing hard for reform, with some pointing to Trump’s record of following through on his public statements. But legal, administrative, and political hurdles remain.
We’ll explain the political landscape, the industry’s reaction, and what investors, patients, and policymakers should watch for in the coming weeks as the rescheduling debate heats up.
#CannabisNews #Trump #CannabisReform #MarijuanaRescheduling #CannabisStocks #MSOS #CannabisPolicy #WeedNews #CannabisInvesting #CannabisIndustry
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