President Eases Cannabis Regulations, Impacting Industry and Research

President Trump signed an executive order to reclassify cannabis from Schedule I to Schedule III, potentially easing regulations and benefiting Colorado's marijuana industry by allowing tax deductions and recognizing medical legitimacy, though recreational use remains illegal federally. Reactions are mixed, with some officials and industry leaders optimistic about economic and research opportunities, while health experts caution about public health risks and the need for more research. The move marks a significant symbolic step towards broader acceptance of marijuana in the U.S.