Trump Says He Supports Cannabis Rescheduling & Banking Access

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Former President Donald Trump (R) posted over the weekend on his Truth Social website that he supports moving cannabis from Schedule I to Schedule III under federal law and giving cannabis companies access to traditional banking services.

“As President, we will continue to focus on research to unlock the medical uses of marijuana to a Schedule 3 drug, and work with Congress to pass common sense laws, including safe banking for state authorized companies, and supporting states rights to pass marijuana laws, like in Florida, that work so well for their citizens.” — Trump, in a statement posted on Sunday

Trump’s latest update regarding his position on cannabis policy comes about a week after breaking with Florida Gov. Ron DeSantis (R) and many Republicans, suggesting that he would support Amendment 3, the state’s upcoming adult-use cannabis initiative. The former president confirmed his support for the legalization amendment in his post on Sunday:

“As I have previously stated, I believe it is time to end needless arrests and incarcerations of adults for small amounts of marijuana for personal use. We must also implement smart regulations, while providing access for adults, to safe, tested product,” Trump wrote. “As a Floridian, I will

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