President Trump’s move to reclassify marijuana from a “Schedule I” to “Schedule III” drug stops short of full legalization.

U.S. President Donald Trump on Thursday signed an order directing the loosening of federal regulations on marijuana, a move that could further reverse decades of tough-on-weed policy.

The U.S. Supreme Court is declining to take up a case challenging the constitutionality of federal marijuana prohibition—an issue that even one of the bench’s more conservative members, Justice Clarance Thomas,

Trump told reporters Monday that he was considering signing an executive order that would make cannabis a Schedule III drug, changing its long-held Schedule I status.

The rally marked one of the biggest single-day moves for cannabis stocks in years, snapping a prolonged slump.

President Donald Trump is taking a new look at reclassifying marijuana as a less dangerous drug in a move that could nudge the federal government closer to an approach already embraced in many states. Trump said Monday that he hopes to decide in the coming ...

Reclassifying cannabis would acknowledge medical use and ease research, but federal bans and enforcement risks would persist.

U.S. Supreme Court justices are scheduled to meet this week to discuss a much-anticipated case challenging the constitutionality of federal marijuana prohibition—an issue that even one of the bench’s more conservative members,