3 days ago
- Business
- Wall Street Journal
Trump Weighs Reclassifying Marijuana as Less Dangerous Drug
President Trump is considering reclassifying marijuana as a less dangerous drug, according to people familiar with the matter, after pot companies have poured millions of dollars into Trump's political groups.
At a $1 million-a-plate fundraiser at his New Jersey golf club earlier this month, Trump told attendees that he was interested in change, the people, who declined to be named, said. Such a shift, which the Biden administration started pursuing but didn't enact before leaving office, would make it much easier to buy and sell pot and make the multibillion-dollar industry more profitable.