Trump signs executive order expediting marijuana reclassification after lobbying from cannabis industry [CNN]
Scotts Miracle-Gro Company (The) (SMG)
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Source: CNN
“This reclassification order will make it far easier to conduct marijuana-related medical research, allowing us to study benefits, potential dangers and future treatments,” Trump said in the Oval Office. “It's going to have a tremendously positive impact.” The order — which directs Attorney General Pam Bondi to hasten the process of loosening federal restrictions but does not include a timeline — comes after an intensive lobbying campaign from the cannabis industry. “I've never been inundated by so many people as I have about this particular reclassification,” Trump said. Cannabis is currently considered a Schedule 1 drug, along with heroin, LSD and ecstasy, which are not considered to have any acceptable medical use, according to the Drug Enforcement Administration . It will eventually be reclassified as a Schedule 3 drug, which, according to the DEA, have “a moderate to low potential for physical and psychological dependence.” “The facts compel the federal government to rec
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News
- Trump signs executive order reclassifying marijuana from Schedule I to Schedule III drug [FOX Business Network]FOX Business Network
- ScottsMiracle-Gro CEO Expresses Support for President's Cannabis Rescheduling Executive Order [Yahoo! Finance]Yahoo! Finance
- ScottsMiracle-Gro CEO Expresses Support for President’s Cannabis Rescheduling Executive OrderGlobeNewswire
- White House is considering reclassifying marijuana to ease restrictions on the drug [CNN]CNN
- White House is considering reclassifying marijuana to ease restrictions on the drug [CNN]CNN
SMG
Earnings
- 11/5/25 - Miss
SMG
Sec Filings
- 12/17/25 - Form ARS
- 12/17/25 - Form DEFA14A
- 12/17/25 - Form DEF
- SMG's page on the SEC website