President Trump is reportedly contemplating reclassifying marijuana as a much less harmful drug.
In response to a report from The Wall Road Journal, Trump advised attendees at a current fundraiser in New Jersey that he was fascinated about pursuing this variation.
The Biden administration had begun shifting towards the change however left workplace earlier than placing it into impact. Such a shift would enormously ease the shopping for and promoting of marijuana, boosting profitability within the multibillion-dollar business.
Trump reportedly expressed curiosity within the concept and later raised the concept together with his advisors.
Among the many occasion’s attendees included Kim Rivers, CEO of main hashish firm Trulieve, who is claimed to have urged Trump to assist the transfer and develop medical marijuana analysis.
Different visitors included Pfizer’s CEO, cryptocurrency executives, and political advisers near Trump. The group additionally mentioned New York politics and fielded requests from further donors, attendees stated.
TRUMP EYES MARIJUANA RECLASSIFICATION AFTER MILLION DOLLAR DINNER
Hashish executives lastly received Trump’s ear at a New Jersey fundraiser.
Their pitch? End what Biden began however couldn’t ship on marijuana reclassification.
Trulieve CEO Kim Rivers made the case… https://t.co/05xRoZQS0d pic.twitter.com/2ifKGXH0ZZ
— Mario Nawfal (@MarioNawfal) August 9, 2025
The present debate facilities on whether or not marijuana ought to be moved to Schedule III, a change that wouldn’t absolutely legalize it however would loosen restrictions.
Such a reclassification would open the door to tax deductions for sure hashish companies and develop alternatives for medical analysis.
In September of final yr, Trump publicly backed a Florida legalization measure, whereas Governor Ron DeSantis opposed it.
Trump Clarifies his Coverage in Marijuana…
He’s pleased with it, so long as…
• you bought to be a sure age to purchase it
• it’s performed in a secure and lawful method
• he emphasizes the way in which they’re doing in Florida is perhaps the way in which to goI sense he’s not for it, nevertheless it’s such a well-liked… pic.twitter.com/vWDUAXXbKb
— MJTruthUltra (@MJTruthUltra) September 3, 2024
Nevertheless, the the initiative fell simply wanting the 60 % threshold it wanted to cross.
Trump has additionally pledged to prioritize analysis into the medicinal advantages of marijuana, together with different coverage targets sought by the hashish sector.
Critics of the proposal argue that downgrading hashish may downplay its dangers, notably its documented hyperlinks to psychosis, schizophrenia, and different extreme psychological well being episodes in susceptible customers.
Opponents additionally warn that simpler entry may exacerbate habit charges and place further pressure on public well being techniques already grappling with substance-related problems.
A White Home spokesperson stated that no closing resolution had been made and that discussions remained ongoing.
“All coverage and authorized necessities and implications are being thought of,” stated spokesperson Abigail Jackson.
”The one curiosity guiding the president’s coverage choices is what’s in the very best curiosity of the American folks.”
