Trump moves to reclassify medical marijuana, impacting prediction markets

 Trump moves to reclassify medical marijuana, impacting prediction markets

The reclassification move highlights regulatory uncertainty, affecting market confidence and delaying potential economic benefits from legalization.
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Trump’s move to reclassify medical marijuana to Schedule III has shifted prediction markets. The likelihood of marijuana being rescheduled by December 31 is now at 42.8%
, down from 62% yesterday.