President Trump Is Considering Rescheduling Cannabis. Is Now the Time to Load Up on Pot Stocks?
The Motley Fool·2025-08-20 09:45
If cannabis is no longer a Schedule I drug, that could result in significant tax savings for many marijuana producers. Trump is reportedly looking at rescheduling cannabis to a lower level, possibly Schedule III, which includes testosterone, ketamine, and anabolic steroids. This is not a new development, as there were hopes that reclassification would have taken place under former President Joe Biden. It was back in October 2022 when Biden first asked for the Department of Health and Human Services to revie ...