President Trump is reportedly contemplating reclassifying marijuana as a much less harmful drug.
In line with a report from The Wall Road Journal, Trump instructed attendees at a current fundraiser in New Jersey that he was excited by pursuing this variation.
The Biden administration had begun transferring towards the change however left workplace earlier than placing it into impact. Such a shift would vastly ease the shopping for and promoting of marijuana, boosting profitability within the multibillion-dollar trade.
Trump reportedly expressed curiosity within the concept and later raised the thought along 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 help the transfer and increase 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 bought 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 needs to be moved to Schedule III, a change that wouldn’t totally legalize it however would loosen restrictions.
Such a reclassification would open the door to tax deductions for sure hashish companies and increase alternatives for medical analysis.
In September of final 12 months, Trump publicly backed a Florida legalization measure, whereas Governor Ron DeSantis opposed it.
Trump Clarifies his Coverage in Marijuana…
He’s comfortable with it, so long as…
• you bought to be a sure age to purchase it
• it’s completed in a protected and lawful means
• he emphasizes the way in which they’re doing in Florida is likely to be the way in which to goI sense he’s not for it, however it’s such a preferred… pic.twitter.com/vWDUAXXbKb
— MJTruthUltra (@MJTruthUltra) September 3, 2024
Nevertheless, the the initiative fell simply in need of the 60 % threshold it wanted to go.
Trump has additionally pledged to prioritize analysis into the medicinal advantages of marijuana, together with different coverage objectives 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 weak customers.
Opponents additionally warn that simpler entry may exacerbate dependancy charges and place further pressure on public well being techniques already grappling with substance-related problems.
A White Home spokesperson stated that no closing choice 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 selections is what’s in one of the best curiosity of the American individuals.”
