Trump Signs Executive Order Loosening Federal Cannabis Restrictions

President Donald Trump signed an executive order in the Oval Office of the White House on Thursday that will reschedule cannabis from a Schedule 1 drug to a Schedule III drug. The move will not legalize marijuana at the federal level, but it may allow for more money to be allocated to research into medical uses for the drug.

Schedule 1 drugs have accepted medical use and a high potential for abuse, according to the Drug Enforcement Administration (DEA), and include drugs like heroin,…