Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Investing

One Step Forward? The Trump Administration Considers Rescheduling Marijuana

by August 12, 2025
August 12, 2025
One Step Forward? The Trump Administration Considers Rescheduling Marijuana

Matthew Cavedon

If you blinked, you probably missed it: In the same press conference where he announced a federal takeover of DC policing, President Trump also mentioned that he is considering rescheduling marijuana. This small but positive move would build on efforts started under President Biden.

For half a century now, marijuana has been classified under Schedule I of the Controlled Substances Act. That makes it a federal crime to manufacture, distribute, or dispense cannabis. (Separately, it is also a federal crime to possess it.) Theoretically, falling under Section I is supposed to be based on a substance having “no currently accepted medical use in treatment” and “a lack of accepted safety for use … under medical supervision.” In reality, the absolute federal prohibition of marijuana is based not on medicine and science but on political judgments about morality and risks.

Even though state-level legalizations of marijuana and federal decisions to limit enforcement efforts have changed much of the legal landscape for cannabis, its Schedule I classification still has practical effects. This places high barriers on researchers seeking to study marijuana’s effects and blocks cannabis-related businesses from claiming federal income-tax deductions.

The president is considering reclassifying marijuana under Schedule III. While this would not legalize the drug, it would recognize what is apparent to 47 states, three territories, and DC—marijuana “has a currently accepted medical use in treatment.” In addition to easing research and tax burdens, reclassification could help destigmatize cannabis. It could also reignite long-stalled efforts in Congress to pass the SAFER Banking Act, which would let banks and other financial companies work with marijuana-related businesses. 

Further, as a matter of policing, acknowledging medical marijuana’s existence could reduce the probable cause associated with the drug’s odor. That might mean fewer marijuana-related traffic stops, body searches, and arrests, depending on the significance the courts give the reclassification.

President Trump’s press conference announced big steps backward from sane policing and toward a dangerous militarized model. While it may be little consolation, at least he also mentioned the possibility of a minor de-escalation in the War on Drugs. The better path forward would be respecting the proper role of the federal government by ending the failed prohibition regime altogether, as well as legalizing drug use in the states. Society can tolerate and reasonably regulate marijuana as a minor vice like alcohol. Society should also realize that criminalizing even harmful drug addiction is a blunt instrument for what is ultimately a medical and moral concern.

0
FacebookTwitterGoogle +Pinterest
previous post
Feds unseal charges against ‘Barbecue,’ Haitian gang leader with $5M bounty on his head
next post
Ashley Biden files for divorce from husband, Howard Krein, after 13 years of marriage: reports

You may also like

Washington Post Global Social Security Comparison Misses the...

September 5, 2024

“Suppression” or No, Most Voting‐​Law Changes Don’t Alter...

July 21, 2023

China’s March from Imitation to Innovation: The Case...

February 19, 2025

ICE Agents Routinely Mask Up When Seizing People—That’s...

May 12, 2025

Passing the Buck Back to Our Allies

July 17, 2024

Lesh v. United States Brief: The Supreme Court...

January 7, 2025

Dolton, Illinois’s Governance Crisis Has Wider Implications

April 22, 2024

Biden Administration Again Delays Decision on Banning Menthol...

April 29, 2024

“Repeal the Tax Exclusion for Employer-Sponsored Insurance to...

January 24, 2025

Inflation Is Still Trending in the Right Direction

March 15, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Ashley Biden files for divorce from husband, Howard Krein, after 13 years of marriage: reports

      August 12, 2025
    • One Step Forward? The Trump Administration Considers Rescheduling Marijuana

      August 12, 2025
    • Feds unseal charges against ‘Barbecue,’ Haitian gang leader with $5M bounty on his head

      August 12, 2025
    • White House criticizes judge’s decision not to unseal Epstein associate grand jury testimony

      August 12, 2025
    • Zelenskyy not invited to upcoming Trump, Putin talks — White House says this was the reason

      August 12, 2025
    • State Department report condemns South Africa over ‘extrajudicial killings’ in annual human rights report

      August 12, 2025

    Categories

    • Business (8,760)
    • Investing (2,201)
    • Politics (16,376)
    • Stocks (3,228)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved