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Stock impact report

Trump orders less dangerous federal classification for marijuana [USA TODAY]

Tilray Brands, Inc. - Class 2 (TLRY) 
Last tilray brands, inc. - class 2 earnings: 3/2 04:05 pm Check Earnings Report
Company Research Source: USA TODAY
Updated Dec. 18, 2025, 2:17 p.m. ET WASHINGTON – President Donald Trump signed an executive order Dec. 18 to federally classify marijuana as a less dangerous substance , the biggest change for the drug since 1970 and an opportunity for the industry to operate more easily. Trump's order would stop classifying marijuana as a Schedule I drug, which includes the most dangerous substances such as heroin, LSD and ecstasy. The Drug Enforcement Administration describes Schedule I substances as having no "medical use and a high potential for abuse." Instead, Trump ordered that marijuana be classified as a Schedule III drug, which the DEA describes as having "a moderate to low potential for physical and psychological dependence." "Today, I'm pleased to announce that I will be signing an executive order to reschedule marijuana from a schedule one to a schedule three controlled substance with legitimate medical uses," Trump said. He added that the order "is not the legalization - does Show less Read more
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