Overview
- President Trump signed a decree directing the Justice Department to initiate moving marijuana and CBD from Schedule I to Schedule III.
- The change is not decriminalization, and federal prosecutions can continue, with officials noting repeat offenses can bring multi‑year prison terms and heavy fines.
- Any reclassification requires DEA approval through its scientific review and rulemaking process, with timing not yet specified.
- The shift from Schedule I to III is framed around recognized medical use and could ease research and attract investment, with cannabis stocks rising after the announcement.
- More than 20 Republican senators urged keeping marijuana in Schedule I, citing health and safety risks, while many states already allow adult or medical use under their own laws.