Donald Trump said the White House is seriously considering signing an executive order to reclassify marijuana from Schedule I to Schedule III, which the Drug Enforcement Administration defines as a lower federal schedule that would loosen restrictions and allow more medical research and banking access for the cannabis industry.White House officials have spent months studying rescheduling, convened a recent Oval Office meeting that included
Susie Wiles,
James Blair,
David Warrington,
Robert F. Kennedy Jr.,
Mehmet Oz,
Marty Makary,
Heidi Overton and industry figures
Kim Rivers,
Jim Hagedorn and
Howard Kessler, markets moved sharply after early reports and the
White House says no final decision has been made.