On Thursday, President Donald Trump signed an executive order directing Attorney General Pam Bondi to reclassify marijuana from a Schedule I substance to a Schedule III substance. Trump's order continues an effort begun by former President Joe Biden to change how the federal government views marijuana. Previously, under the U.S. Controlled Substances Act, marijuana had the same classification as LSD and peyote – drugs that the federal government argues have no accepted medical use and a high potential for abuse. And because of its classification, scientists who wanted to investigate medical uses for marijuana had to jump through significant hoops – and couldn’t get federal research dollars. Once marijuana is reclassified, that will change. However, if you’re a recreational marijuana user, Trump did not, in fact, just legalize weed. So to learn more about what the executive order means, we spoke with Jeremy Berke, editor-in-chief of Cultivated Media, an outlet covering the business, policy, and culture of cannabis.
And in headlines, the Labor Department releases inflation numbers likely skewed by the government shutdown, the deadline to release the Epstein files is here, and House Speaker Mike Johnson sends representatives home for the holidays, failing to address the upcoming expiration of enhanced Affordable Care Act subsidies.
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