Trump expected to sign executive order to reclassify marijuana as soon as Monday, source tells CNBC; pot stocks surge

    https://www.cnbc.com/2025/12/12/cannabis-stocks-trump-regulations.html

    Posted by lurker_bee

    11 Comments

    1. Will this really happen?

      Racially profiled pot convictions in red states keep the private prison profit margins high.

    2. I asked AI what does that mean for the average consumer:

      For the average weed buyer in a state where marijuana is already legal and sold in stores, **this wouldn’t change much in your day-to-day experience** — at least not immediately.

      Here’s what this means:

      **What DOESN’T change:**

      – Marijuana would still be federally controlled (just less strictly)
      – It would NOT become legal nationwide
      – Your state’s laws stay exactly the same
      – You’d still buy from the same dispensaries in the same way

      **What COULD change (indirectly):**

      – **Potentially lower prices over time** – Cannabis businesses currently can’t deduct normal business expenses (rent, utilities, payroll) on federal taxes due to Section 280E. Moving to Schedule III would eliminate this, saving companies significant money that could eventually translate to lower consumer prices
      – **Better product availability** – Easier banking access for cannabis companies means they could operate more like normal businesses, potentially improving supply chains and product selection
      – **More research = better products** – Reclassification would make medical research much easier, which could lead to better, more targeted cannabis products
      – **Interstate commerce eventually** – Though not immediate, this could eventually allow legal cannabis to cross state lines, potentially increasing competition and variety

      **The bottom line:** If you’re already buying legally in your state, you probably won’t notice changes at the dispensary counter for a while. The biggest impacts would be behind-the-scenes for the businesses, which might gradually benefit you through better prices, products, and selection over time.​​​​​​​​​​​​​​​​

    3. PajamaSamSavesTheZoo on

      It’s a huge waste of time that robs people of their ambition. I hope government policy discourages pot use

    4. If it was just that easy, why the heck didn’t the previous admin do this? Didn’t it need Congress’s approval?

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