President Trump Signs Landmark Cannabis Rescheduling Order
Published: December 19, 2025
Duration: 19:49
In what is being hailed as a "watershed moment" for the cannabis industry, President Trump has officially signed an executive order to move cannabis from Schedule 1 to Schedule 3 of the Controlled Substances Act.
This historic shift, which follows a bipartisan initiation process started by the Biden administration, formally recognizes the plant's medical benefits for the first time in over 50 years.
Beyond rescheduling, the order explores directing Medicare to cover CBD products and encourages Congress to pass the Safer Banking Act to grant legal businesses access to traditional financial institutions.
Industry experts anticipate the...