Will marijuana be rescheduled?
These probabilities are based on what other investors recently paid for Yes and No positions.
About
If marijuana is rescheduled from Schedule I to a lower drug schedule under the Controlled Substances Act before Jan 20, 2029, then the market resolves to Yes. 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.
- Full contract termsView
- SourceABC, Axios, CBS, CNN, Fox News, MSNBC, Politico, Reuters, Semafor, The Information, The New York Times, The Wall Street Journal, The Washington Post, the Associated Press, the United States Congress
- Est. resolution date—
- Total event volume$2,121,246.38
- Timeline
- Insider trading is prohibited
Trade Yes contracts
- Before Jan 1, 2027Volume$1,657,632.88Price4.5¢-10.00% today
- Before Jan 1, 2028Volume$284,787.46Price70¢-1.45% today
- Before Jan 20, 2029Volume$166,221.08Price90¢-4.55% today
- Before Jul 1, 2027Volume$7,200.24Price49¢-8.00% today
- Before Apr 1, 2027Volume$5,274.04Price36¢+2.70% today
- Before Oct 1, 2027Volume$130.68Price62¢+3.33% today
Trade No contracts
- Before Jan 1, 2027Volume$1,657,632.88Price96.2¢+0.42% today
- Before Jan 1, 2028Volume$284,787.46Price32¢+3.23% today
- Before Jan 20, 2029Volume$166,221.08Price13¢+33.33% today
- Before Jul 1, 2027Volume$7,200.24Price55¢+8.00% today
- Before Apr 1, 2027Volume$5,274.04Price67¢0.00% today
- Before Oct 1, 2027Volume$130.68Price44¢-5.00% today
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Will marijuana be rescheduled?
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Learn moreEvent estimated to resolve on the estimated date at 10:00AM. These probabilities are based on what other investors recently paid for Yes and No positions.
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