Trump signs order reclassifying marijuana as less dangerous

Change will loosen limits on research and certain regulations but stops short of making marijuana legal

Donald Trump on Thursday signed an executive order to move cannabis out of the most restrictive drug category, a change that would loosen limits on research and certain regulations but stop short of making marijuana legal nationwide.

I'm pleased to announce that I will be signing an Executive Order to reschedule marijuana from a Schedule I to a Schedule III controlled substance with legitimate medical uses," the president said from the Oval Office.