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US set to move to reclassify marijuana as early as Wednesday, Axios reports
The move would ease research barriers and could lower taxes for cannabis companies, while leaving marijuana illegal under federal law.
- The United States administration is expected to move to reclassify marijuana to Schedule III as soon as Wednesday, according to Axios, citing an official familiar with the matter.
- President Donald Trump signed an executive order on December 18, 2025, directing the Justice Department to pursue rescheduling; on Saturday, he expressed impatience with the pace, pressing aides to accelerate the effort.
- While reclassification would ease Drug Enforcement Administration barriers to researching medical use, the change would not legalize marijuana or automatically affect sentences for those currently incarcerated.
- Following the reported news, shares of Canopy Growth surged 23 percent while Tilray Brands jumped 15 percent as investors anticipate lower tax burdens and easier funding access.
- The shift must still complete a lengthy federal rulemaking process including review by the Department and the DEA, a process that has stalled previously and may take years.
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U.S. to loosen marijuana rules in major policy shift | Honolulu Star-Advertiser
The Department of Justice said today it would immediately loosen restrictions on some marijuana products and move quickly to reclassify the drug as less dangerous, in one of the biggest changes to U.S. drug policy in decades.
·Honolulu, United States
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Coverage Details
Total News Sources29
Leaning Left8Leaning Right3Center8Last UpdatedBias Distribution42% Left, 42% Center
Bias Distribution
- 42% of the sources lean Left, 42% of the sources are Center
42% Center
L 42%
C 42%
R 16%
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