U.S. President Donald Trump is expected to sign an executive order that would reclassify marijuana and ease federal restrictions on research that could lead to new medical marijuana products. Here is what you need to know: WHAT WOULD THE EXECUTIVE ORDER DO?

A White House spokesperson has confirmed to Marijuana Moment that President Donald Trump is “currently expected to address marijuana rescheduling” on Thursday, though they added that “any details of this potential action until officially announced by the White House are speculation.

President Donald Trump said Monday that the White House is “very strongly” considering signing an executive order to reschedule marijuana to a lower drug classification, which would ease federal restrictions.

Cannabis industry observers believe it is increasingly likely that President Donald Trump will soon sign an executive order directing federal agencies to complete the marijuana rescheduling process. But multiple reports indicate that the directive could also contain additional components touching on cannabis business banking access and Medicare coverage for CBD.

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.

U.S. President Donald Trump is expected to address the potential loosening of federal regulations on marijuana on Thursday, according to a White House official.

A GOP congressman says President Donald Trump doesn’t have the authority to unilaterally reschedule marijuana via executive order. But while lawmakers could overrule any administrative move to enact the reform,