Scoop: Trump set to reclassify marijuana soon [View all]

Source: msn/Axios

2h


The Trump administration is expected to move to reclassify marijuana as soon as Wednesday, per an administration official familiar with the matter.

Why it matters: The move would make it easier to study medicinal applications of marijuana and could shore up support from influencers who support the research.

How it works: Reclassifying marijuana eases U.S. Drug Enforcement Administration barriers to researching the drug's potential use cases.

It would not immediately legalize marijuana, nor would it affect the sentences of those incarcerated for possession.

Catch up quick: Trump signed an executive order to reclassify the drug last December, directing the attorney general to pick up President Biden's push to change the federal laws prior to leaving office.

At the time, Trump said the move "has been requested by American patients suffering from extreme pain, incurable diseases, aggressive cancers, seizure disorders, neurological problems, and more."

Read more: https://www.msn.com/en-us/money/markets/scoop-trump-set-to-reclassify-marijuana-soon/ar-AA21ufDU