What A Day Donald Trump’s Pot Shot
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Dec 19, 2025 Jeremy Burke, editor-in-chief of Cultivated Media, dives into the significance of Trump's recent executive order to reclassify marijuana from Schedule I to Schedule III. He explains how this change may facilitate more substantial research and easier access for patients while also unlocking financial opportunities for cannabis businesses. Burke highlights concerns from advocates about the incremental nature of the change, particularly regarding social equity and expungements. He also discusses the political motivations behind this shift and the divides within the GOP regarding cannabis legalization.
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Rescheduling, Not Legalization
- Trump signed an executive order to move marijuana from Schedule I to Schedule III, not to legalize it federally.
- Rescheduling acknowledges medical uses and reduces research and financial barriers without creating blanket legal sale rights.
Big Industry Effects, Small Legal Change
- Moving cannabis to Schedule III will make federal research easier and allow businesses to access normal financial tools.
- Businesses could deduct standard expenses and consumers in legal states may use credit cards more easily.
Keep Pushing Beyond Rescheduling
- Advocates and industry players should keep pushing for full federal legalization and social equity measures.
- Use the momentum from rescheduling to demand expungements and policies that build a diverse cannabis industry.