JOURNAL ARTICLE

DOJ Expected to Ease Marijuana Controls as Soon as Wednesday.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Brown, Redd; Reinicke, Carmen 3 of 3

Abstract

The article focuses on the anticipated reclassification of marijuana by the US Justice Department from Schedule I to Schedule III, a less restrictive federal category for drugs with accepted medical uses and lower abuse potential. This change would not legalize marijuana nationwide but could reduce the high tax burden on cannabis businesses, such as Green Thumb Industries Inc., and facilitate expanded clinical research. The reclassification effort, supported by a prior executive order from President Donald Trump, aims to address regulatory challenges and promote medical study of cannabis. The news prompted significant gains in cannabis-related stocks, reflecting market optimism about the policy shift. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/04, pN.PAG
  • Document Type:Article
  • Subject Area:Political Science
  • Publication Date:2026
  • Accession Number:193171138
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