Blog · Aug 11, 2025

Trump Flirts with Cannabis Rescheduling

Could the grass finally be greener? In today’s episode of “As the Pot Turns,” President Trump dropped a political nugget that’s got the cannabis world buzzing. He’s seriously considering moving marijuana from Schedule I (a.k.a. “public enemy number one”) to Schedule III — and the industry is already lighting up with speculation.

Right now, cannabis sits in the same legal category as heroin. That outdated classification makes research harder, taxes higher, and forces legal cannabis businesses to operate like they’re in the shadows… even when they’re following every rule in the book.

Shifting to Schedule III would be like moving from the penalty box to the minor leagues. Still rules, but way more breathing room for Best Buds and the industry as a whole.

Trump himself said he’s heard “great things about medical [cannabis]”. No final decision yet, but he teased that an answer could come within weeks — and investors didn’t wait to celebrate.

Why This Move Would Be a Big Deal

If the reclassification happens:

• Science could finally catch up — researchers would get easier access for medical studies for a wide variety of cannabis research.
• Taxes could chill out — Schedule III status means businesses can finally deduct normal expenses (goodbye, 280E headaches).
• Legit vibes — reduced stigma and fewer barriers for patients and providers at the insurance and dispensary level.

Stock Market Got High on the News

Tilray, Cronos Group, Canopy Growth, Aurora Cannabis — they all saw stock prices pop like champagne corks after Trump’s comments. Even the AdvisorShares Pure U.S. Cannabis ETF got a lift. Wall Street clearly likes the sound of “Schedule III.” As do we all for that matter.

What It Means for You

This won’t make cannabis federally legal overnight, but it could open the door to a new era — one where insurance & patients have easier access, businesses like ours aren’t taxed into oblivion, banking options are widely available, and we can finally talk about cannabis without whispering. Cannabis REALLY DOES HEAL. Regardless of your political standings, this is good news for us all.

Stay tuned — if the grass really does get greener, Best Buds Dispensary will hopefully be the first to tell you.

#420news #CannabisNews #MarijuanaNews #CannabisPolicy #bestbudsco #bestbudsdispensary

Filed under: Cannabis news, cannabis schedule 3, Marijuana legalization