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Trump is looking into reclassifying weed

ByPot Shop News

August 11, 2025

[#item_full_content] Marijuana stocks rallied after the announcement. Trump is looking into reclassifying weed Read More

Author: Pot Shop News

ByPot Shop News

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Explainer-How US marijuana reclassification could help cannabis companies
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Trump said on Monday a decision could come within the next couple of weeks. Under the Controlled Substances Act, marijuana is listed as a Schedule I substance, meaning it has a high potential for abuse and no current accepted medical use. Reclassifying marijuana as a less dangerous drug could unlock banking access for pot producers, attract institutional investors, reduce tax burden and spur mergers and acquisitions.

Trump is looking into reclassifying weed

ByPot Shop News

Author: Pot Shop News

ByPot Shop News

Related Post

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