Brief by Shorts91 NewsDesk / 05:25am on 12 Aug 2025,Tuesday International
President Donald Trump announced his administration is actively considering reclassifying marijuana from a Schedule I to a Schedule III drug. Speaking at a White House press briefing, Trump said a decision could come within weeks, calling the issue “very complicated” due to mixed public opinion. Reclassification would not legalize marijuana federally but would ease criminal penalties, open doors for medical research, and allow cannabis businesses to claim tax deductions. The move continues efforts initiated under the Biden administration. Trump acknowledged both positive medical uses and concerns about youth exposure. Industry groups have reportedly donated millions to Trump’s political organizations, hoping to influence the decision amid projected $34 billion cannabis revenue this year.
