Summary
President Trump is considering reducing federal restrictions on marijuana by reclassifying it as a less dangerous drug. This change could make it easier to research marijuana and benefit cannabis companies with tax breaks. Although a final decision hasn't been made, there is increasing support for the reclassification.
Key Facts
- President Trump might reclassify marijuana to make it less restricted under federal law.
- The current status of marijuana is the same as heroin, but it could be changed to a less dangerous category.
- The reclassification would help with medicinal research and provide tax benefits to cannabis companies.
- A White House official stated that no final decision is made yet.
- Public support for marijuana legalization has grown, with a recent Gallup poll showing 64% in favor.
- The pro-cannabis lobby, including some companies, has been financially backing Trump.
- Trump's administration is reviewing public support survey figures on marijuana reclassification.
- This move would not make marijuana legal for recreational use across the U.S., but individual states have their own laws.
