When will marijuana be rescheduled?
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.
This is a kalshi prediction market in the politics category. Currently priced at 79% probability of YES. Total volume traded: $62K. 24-hour volume: $2. Market closes January 20, 2029.
When will marijuana be rescheduled?
Resolution Rules
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.