Story perspectives
Trump Considers Lowering Marijuana's Classification for Medical Use
8/15/2025
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Story summary
- President Trump is contemplating reclassifying marijuana from Schedule I to Schedule III to acknowledge its medical benefits.
- This reclassification may reduce operational costs for cannabis businesses and enable tax deductions.
- It will not legalize recreational marijuana or automatically clear criminal records.
- A decision is anticipated in the coming weeks amid ongoing U.S. cannabis policy discussions.
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