President Donald Trump might hasten the pace of change regarding marijuana in the eyes of the federal government and the Drug Enforcement Administration.

President told people at a fundraiser last month he was considering changing marijuana’s Schedule I classification

President Donald Trump might hasten the pace of change regarding marijuana in the eyes of the federal government and the Drug Enforcement Administration.

In 2024, DEA proposed a rule to transfer marijuana to Schedule III. That rule change has been on hold since March 2025.

US president says determination will be made over the next few weeks as the issue is ‘very complicated’

Some people in the bud biz are cautiously optimistic about cannabis reform, but others think he's “pandering to people on an issue everyone agrees on.”

Cannabis stocks soar after US president says he is ‘looking at’ reclassification.