This market will resolve to "Yes" if marijuana is rescheduled down from I to any other level (or is unscheduled completely) by the Drug Enforcement Agency of the United States (https://www.dea.gov/drug-information/drug-scheduling), by March 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". The primary resolution source for this market will be official information from the US government, however a consensus of credible reporting will also be used.
Ticker
weed-rescheduled-by-march-31
Volume
388.5K
24h volume
72.1K
1w volume
80.1K
Open interest
52.0K
Liquidity
24.9K
Liquidity CLOB
24.9K
Start
Nov 5, 2025
End
Mar 31, 2026
Status
Active
Access
Restricted
Created
Nov 5, 2025
Event ID
73340
Slug
weed-rescheduled-by-march-31
Markets
3
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"context_description": "Trader consensus on Polymarket heavily favors marijuana rescheduling by December 31 at around 60%, reflecting mounting political pressure from President Trump's December 2025 executive order directing the Attorney General to expedite moving cannabis from Schedule I to Schedule III under the Controlled Substances Act, yet persistent DEA delays due to pending administrative appeals confirmed in an early April 2026 filing. Recent catalysts include Rep. Steve Cohen's March 27 letter urging DOJ and DEA leaders for a timeline, Attorney General Pam Bondi's abrupt April 6 removal—potentially accelerating action under acting AG Todd Blanche—and Trump's public pleas for progress. Procedural hurdles like notice-and-comment rulemaking and hearings loom, with no firm resolution date amid ongoing bipartisan momentum for reform.",
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