Overview
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
434.8K
24h volume
118.3K
1w volume
126.4K
Open interest
71.9K
Liquidity
33.2K
Liquidity CLOB
33.2K
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
Raw event data
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"context_description": "The DEA's marijuana rescheduling process from Schedule I to Schedule III, initiated by the 2023 HHS recommendation and proposed rulemaking in 2024, remains stalled by a postponed administrative hearing due to an interlocutory appeal and the retirement of presiding administrative law judge John Mulrooney without replacement. President Trump's December 2025 executive order directed Attorney General Pam Bondi to expedite completion, fueling recent optimism amid reports of imminent action and cannabis stock surges on April 22. Rep. Steve Cohen's March 27 letter urged DOJ and DEA Administrator Terry Cole for a timeline post-40,000 public comments closed in early March. Trader consensus reflects low near-term resolution odds for mid-2026 amid procedural hurdles but rising probabilities by year-end, pending appeal resolution, potential hearing bypass, and final Federal Register publication.",
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}- Weed rescheduled by December 31?Vol 53.1KLiq 14.8KEnd Mar 31, 2026OpenOrder book
- Weed rescheduled by June 30?Vol 116.8KLiq 23.0KEnd Mar 31, 2026OpenOrder book
- Weed rescheduled by March 31?Vol 264.9KLiq —End Mar 31, 2026Closed
