---
title: "Will marijuana be rescheduled? — Lowered from Schedule I"
canonical_url: https://betcrypto.now/events/will-marijuana-be-rescheduled-lowered-from-schedule-i
status: live
trading_closes_at: 2029-01-20T04:59:00+00:00
total_volume_usd: 982309.71
venues: ["Kalshi"]
categories: ["Politics"]
prices_as_of: 2026-10-09T08:12:23+00:00
publisher: BetCrypto
data_api: https://betcrypto.now/api/v1/events/will-marijuana-be-rescheduled-lowered-from-schedule-i
---

# Will marijuana be rescheduled? — Lowered from Schedule I

Live · $982,310 traded · listed on Kalshi

## About

If the DEA were to reschedule only certain cannabis derivatives or specific cannabinoids (e.g., move THC or a particular cannabis-derived pharmaceutical to a different schedule) without reclassifying marijuana/cannabis as a whole, that would not qualify as rescheduling marijuana for this contract. Ending the schedule altogether would resolve the market to Yes.

Clarification (12/12/25): The Payout Criterion requires that marijuana is legally removed from Schedule I. The mere announcement or publication of a Final Rule in the Federal Register does not satisfy the Payout Criterion if the rule has not taken legal effect. The market resolves based on the actual status of the Schedules under the Controlled Substances Act.

_From Kalshi's listing._

## Main market

| Outcome | Probability | Cheapest | Kalshi |
|---|---|---|---|
| Before Jan 20, 2029 | 79% | 80¢ on Kalshi | 80¢ |
| Before Jan 1, 2028 | 69% | 71¢ on Kalshi | 71¢ |
| Before Jan 1, 2027 | 8% | 8.6¢ on Kalshi | 8.6¢ |
| Before July 2026 | — | — | — |
| Before Apr 1, 2027 | — | 89¢ on Kalshi | 89¢ |
| Before Jul 1, 2027 | — | 86¢ on Kalshi | 86¢ |
| Before Oct 1, 2027 | — | — | — |

## Open on a venue

- [Kalshi](https://betcrypto.now/go/e/4631?via=md)

---

Probability is the cross-venue consensus (book midpoints, 0–100%). Venue columns are what buying costs there (the ask). Prices move constantly; re-check at the canonical URL or https://betcrypto.now/api/v1/events/will-marijuana-be-rescheduled-lowered-from-schedule-i.

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