In December, U.S. President Donald Trump signed an executive order to ease federal restrictions on marijuana, setting the stage for its reclassification.

The Justice Department said the drug will now be listed on Schedule III, similar to some common prescription painkillers. The order does not decriminalize marijuana for recreational use.

The Department of Justice said it will immediately move FDA-approved marijuana from Schedule I to Schedule III under the Controlled Substances Act.

The United ⁠States ⁠administration is expected to ⁠move to reclassify marijuana as soon as ​Wednesday, Axios reported, citing an official familiar with the matter, ‌sending U.S. stocks of ...

Add Yahoo as a preferred source to see more of our stories on Google. WASHINGTON (AP) — President Donald Trump signed an executive order Thursday that could reclassify marijuana as a less dangerous ...

INDIANAPOLIS — An executive order signed by President Donald Trump to reclassify marijuana to a less dangerous drug could signal a major shift in drug policy and clear the way for medical research. In ...

The Trump administration has issued orders aimed at expanding medical research on cannabis and psychedelic drugs.

Analysts are now focused on the when the change will actually happen, as the cannabis industry waits for tax relief and expanded research opportunities President Donald Trump signs an executive order ...

The move, which could open up medical research on cannabis as well as banking services for growers, follows an executive order to reclassify the substance in December.

The Trump administration on Thursday moved to reclassify marijuana as a less dangerous drug. Should the Drug Enforcement Administration approve the rescheduling request, it would mark a significant ...