DoJ reclassifies medical marijuana as a less-dangerous drug, AP reports

The reclassification of medical marijuana by the Department of Justice signifies a potentially pivotal shift in regulatory stance, impacting the cannabis sector's legal status and associated businesses.

Newsquawk StaffPublished 23 Apr 2026, 12:39 UTCOn the live feed at 12:19 UTC — 12 more headlines followed before this page went public

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12:25

Southwest Airlines (LUV) CEO expect Q2 margins to expand Q/Q despite higher fuel costs, CNBC reports

12:24

Pakistani official to Al Arabiya envoy notes of cautious optimism and ongoing communications, but Iran’s response has not arrived yet

12:19

DoJ reclassifies medical marijuana as a less-dangerous drug, AP reports

12:16

Divisions within Iran’s leadership prevented a negotiating team from traveling to Islamabad for talks with the US, Iran International reports citing sources

12:16

BROKER MOVES: ON upgraded at B Riley; CSX sees a couple of downgrades

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Context

This could lead to increased investment opportunities and a re-evaluation of risk by investors, particularly in US equities linked to the cannabis industry. Traders should consider both the immediate market implications and the longer-term changes in policy that could follow.

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