What to know about reclassifying medical marijuana

President Donald Trump's administration has reclassified medical marijuana as a less dangerous drug.

The order, signed Thursday, marks a first step toward broader federal acceptance.

It could boost research and profitability in the marijuana industry.

But it doesn't legalize marijuana under federal law.

The reclassification moves state-licensed medical marijuana from Schedule I to Schedule III, alongside substances like ketamine.

Recreational marijuana remains a Schedule I drug, like heroin.

The change could allow businesses that sell medical marijuana to claim tax deductions for expenses, though complications remain.

Studies show that marijuana use has increased nationally, as more states embrace legalization.