President Donald Trump reportedly told attendees at a $1 million-a-plate fundraiser in New Jersey earlier this month that he was contemplating reclassifying marijuana as a Schedule III drug under the Controlled Substances Act. He has since confirmed that the reclassification is on the table.

One of Trump's most outspoken supporters has expressed hope that the president will ultimately decide against easing restrictions on cannabis.

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Since 1970, cannabis has been listed as a Schedule I drug, a category of drugs the U.S. Drug Enforcement Administration claims "have a high potential for abuse and the potential to create severe psychological and/or physical dependence" as well as "no currently accepted medical use."

The Wall Street Journal indicated that the fundraiser conversatio

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