Trump is also expected to speak about potentially loosening restrictions on marijuana in the U.S. If cannabis is classified as Schedule I alongside Tylenol with codeine, there could be widespread ramifications on businesses as well as taxes and medical treatments.

Trump’s order reclassifies marijuana as a Schedule III drug from Schedule I, but doesn’t permit legalized recreational sales. Other Schedule I substances include highly addictive drugs with no accepted medical use, such as heroin, while Schedule III substances are considered to have lower potential for abuse.

President Donald Trump will be signing an executive order on Thursday that will direct the attorney to “expedite” and “complete” the marijuana rescheduling process, throw a lifeline to the hemp industry,

The letter from Senate Republicans claimed that "Communist China" would benefit from the rescheduling of marijuana.

Donald Trump is expected to announce a pilot program to reimburse Medicare patients’ CBD treatments, the Washington Post reported on Thursday, when the U.S. president is also expected to address the potential loosening of U.

HHS proposes blocking Medicare and Medicaid funding for gender transition procedures on patients under 18, with Robert F. Kennedy Jr. calling such treatments malpractice.