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Friday, April 24, 2026
Acting Attorney General Todd Blanche signed an order on Thursday reclassifying state-licensed medical marijuana from Schedule I to Schedule III under federal law, following a directive from President Trump in December. The move does not legalize marijuana but eases research restrictions, reduces certain criminal penalties, and grants cannabis companies the ability to deduct business expenses on federal taxes. The administration also scheduled an administrative hearing for June 29 to consider broader reclassification of marijuana.
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