is an EO all it takes?

#13 | Posted by snoofy at 2025-12-19 07:15 PM

No, the executive order only makes a request that the DEA and the DOJ start the process to reclassify marijuana as a Class III drug as apposed to its current status as a Class I. It's going to take time and it's also going to take some actions by Congress to make it as effective as many people are asking for, particularly when it comes to the banking aspects of this change, which if we don't get that, there's not much of an advantage to change the legal classification of just the drug.

OCU

I don't often have the opportunity to do something like this, but I have to give credit where credit is due...

Trump Signs Executive Order To Reclassify Marijuana As Less Dangerous Drug

Now it's still unclear if this is going to change the banking rules about how money is handled which is generated from the legal sale (on a state by state basis) of marijuana.

And we also need to note that during the Biden administration, Biden tried to do the same thing but failed to get sufficient support from his own party. With that in mind, Trump may find himself in that same situation since it may take an act of Congress to actually get this done.

Disclaimer: My support for this reclassification has nothing to do with any personal situation on my part as I've never smoked (except for some possible second-hand smoke) nor ingested any marijuana ever in my life, nor do I expect to start, because of something like this.

OCU

Smells of more socialism...

OCU

Here's the link to the White House's retweet of Trump's original 'Truth Social' post: