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Medical Marijuana Rescheduled to Schedule III, Trump Faces Legal Challenge

4/25/2026

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Story summary
  • Todd Blanche signed an order on April 23, 2026 moving medical marijuana from Schedule I to Schedule III.
  • The reclassification gives state-licensed cannabis firms a tax deduction that could lower their tax rate, while the Justice Department said it will ease research without legalizing marijuana.
  • President Donald Trump ordered the Justice Department to expedite the rescheduling, prompting Smart Approaches to Marijuana and 20+ Republican senators to announce a legal challenge.
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