Bipartisan senators are weighing in on the Trump administration’s marijuana rescheduling process—including how it could impact the fight to ease banking access for cannabis businesses.
Sen. Cory Booker (D-NJ) told Marijuana Moment on Wednesday that it’s “too early to tell” what the implications of President Donald Trump’s executive order directing the Department of Justice to expedite the process of moving cannabis from Schedule I of the Controlled Substances Act (CSA) to Schedule III will be—saying that while there are “things that look promising” about it, he is “very concerned about where the DOJ will land.”
“The ability of the Trump administration to speak out of both sides of their mouth is staggering,” he said. “So I’m just going to wait and see right now. Obviously, there’s things that look promising—to end generations of injustice. I really want to wait and see.”
DOJ has so far not provided any updates or timelines on the rescheduling process since Trump issued his executive order last month, and Attorney General Pam Bondi—who has historically opposed marijuana reform—was not present at the signing ceremony.
Booker added in the interview with Marijuana Moment that the administrative rescheduling move could potentially open to the door to advancing
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