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What will be the federal scheduling status of cannabis by the end of 2024?
2
Resolution / Starting Odds
Descheduled • 25%
Rescheduled to a lower schedule • 25%
Remains schedule I • 25%
Other • 25%
Official announcements from the U.S. federal government or relevant federal agencies
Story
Chris Christie: Trump to Remove Federal Marijuana Restrictions, Cannabis ETF $MSOS Up 12%
Nov 12, 2024, 05:03 PM
Former New Jersey Governor Chris Christie has stated in a Benzinga interview that President-elect Donald Trump will remove federal restrictions on marijuana and deschedule cannabis, making it a non-scheduled drug. This move is expected to ease banking for the cannabis industry. Christie also mentioned that Trump will aim to find a 'sweet spot' in crypto regulation, balancing minimal rules to encourage growth while ensuring protection. The news has led to a 12% increase in the Cannabis ETF $MSOS.
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Similar markets
Schedule I • 25%
Schedule II • 25%
Schedule III • 25%
De-scheduled • 25%
Legalized federally • 25%
Decriminalized federally • 25%
No change • 25%
Other • 25%
Remain Schedule I • 25%
Rescheduled to Schedule II • 25%
Rescheduled to Schedule III • 25%
Rescheduled to Schedule IV or V • 25%
0-5 states • 25%
6-10 states • 25%
11-15 states • 25%
16+ states • 25%
Yes • 50%
No • 50%
Full compliance with reforms • 25%
Partial compliance with reforms • 25%
No compliance with reforms • 25%
Reforms not applicable • 25%