Legal & Regulatory Landscape - The order does not legalize marijuana in any form and does not sanction its recreational use [1] - The federal government recognizes the legitimacy of marijuana for medical applications under careful administration [1] - Reclassification aims to facilitate marijuana-related medical research to study benefits, dangers, and treatments [1]

I want to emphasize that the order I am about to sign is uh not the legalization or it doesn't legalize marijuana in any way, shape or form and in no way sanctions its use as a recreational drug. Has nothing to do with it. At the same time, the facts compel the federal government to recognize that marijuana can be uh legitimate in terms of medical applications when carefully administered.In some cases, this may include the use as a substitute for addictive and potentially lethal opioid painkillers, and they ...

President Trump tonight on the verge of signing an executive order that would change the future of cannabis in the United States. Four sources tell NBC News the EO would fasttrack the rescheduling of marijuana, moving it into a category with lower risk drugs. >> A lot of people want to see it, the reclassification, because it leads to tremendous amounts of research that can't be done unless you reclassify.Since 1970, the drug has been listed as a schedule one substance in the same category as heroin and LSD ...

BREAKING: Trump expected to sign an order to reclassify marijuana Thursday, per CNN ...

Market Trends - Weed stocks experienced a downturn on Monday, reversing initial gains [1] - The reversal followed earlier optimism regarding a potential executive order from President Trump to reclassify marijuana [1]

Regulatory Considerations - The government is considering an executive order to reclassify marijuana [1] - Reclassification could lead to increased research opportunities [1] - The government is strongly considering the reclassification [1]

Policy Change - US administration is expected to reclassify marijuana as a less dangerous drug [1] - This could be one of the biggest shifts in US policy toward cannabis in decades [1] Market Reaction - Shares of pot stocks surged premarket [1]

Policy Change - The Trump administration is expected to reclassify marijuana as a less dangerous drug [1]

Industry Focus - The marijuana industry is facing scrutiny regarding labor practices [1] - Potential exploitation of illegal immigrant workers by marijuana growers is under investigation [1] Political Implications - Gavin Newsom's stance is perceived as supportive of marijuana growers [1] - This stance is seen as potentially benefiting Donald Trump [1]

Government Policy & Regulation - The government's ultratight controls on marijuana is a matter inherited by President Trump from Joe Biden [1] - Calls for President Trump to end the "dangerous social experiment" related to marijuana [1]