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President Donald Trump delivers remarks after signing an executive order to reclassify marijuana, directing federal agencies to expedite cannabis rescheduling from Schedule I to Schedule III.

Trump Signs Executive Order to Expedite Cannabis Rescheduling to Schedule III

President Donald Trump signed an executive order directing the Attorney General to expedite the rescheduling of marijuana from Schedule I to Schedule III — a move that could eliminate 280E taxation for cannabis businesses but still requires formal DEA rulemaking. While the White House framed the order as “common sense,” opposition from congressional Republicans and unresolved administrative hearings leave the timeline uncertain.

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