For years, there has been talk that the federal government might move toward reclassifying marijuana as a less dangerous drug, but it hasn’t happened yet.

The U.S. Supreme Court is declining to take up a case challenging the constitutionality of federal marijuana prohibition—an issue that even one of the bench’s more conservative members, Justice Clarance Thomas,

President Donald Trump said Monday that the White House is “very strongly” considering signing an executive order to reschedule marijuana to a lower drug classification, which would ease federal restrictions.

The court's denial of a petition challenging federal marijuana prohibition refocuses cannabis' attention on the Trump White House.

As speculation abounds over a potential marijuana rescheduling decision by the Trump administration, the Justice Department is telling the U.S. Supreme Court that it should reverse a lower court ruling that deemed a federal ban on gun ownership by cannabis consumers to be unconstitutional—in part because people who use illegal drugs “pose a greater danger”

The rally marked one of the biggest single-day moves for cannabis stocks in years, snapping a prolonged slump.