Overview

• Trump told donors at a Bedminster fundraiser that he’s privately considering moving marijuana from Schedule I to Schedule III and has asked his team to review agency recommendations.
• Chief of Staff Susie Wiles has tasked the Domestic Policy Council with compiling input from the Department of Justice, HHS and the DEA into a report under presidential review.
• Senior political advisers and Republican strategists are pressing for a prompt decision to energize young and libertarian-leaning voters ahead of the 2026 midterms even as policy experts caution about legal and moral ramifications.
• Cannabis companies have contributed millions to Trump-aligned super PACs and enlisted top lobbyists to push for rescheduling, while anti-drug groups have launched ad campaigns and encouraged grassroots lobbying against the change.
• A Schedule III reclassification would expand medical research access, adjust federal tax treatment for marijuana businesses and potentially curtail law enforcement’s use of odor as probable cause in raids.