KalshiCheck availabilityKYC required2% feeVerified resolution dataFairly calibratedCurrent implied probability
Before Jan 20, 2029 76%-2.0ptLeader of 3 outcomes
Market quality
73 / 100
Medium quality24h Volume
$6.1K
Liquidity
$298.9K
High liquiditySpread
2.0 pt
Tight spreadMarket data
Updated 13 minutes ago
Jun 11, 25, 2:00 PM UTCJan 1, 27, 4:59 AM UTC
Trends
Related Markets
Related questions for context, not a comparison of equivalent contracts.
If Trump wins, will marijuana be federally rescheduled before the 2026 midterms?
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KalshiRules
If marijuana is rescheduled from Schedule I to a lower drug schedule under the Controlled Substances Act before January 1, 2027, then the market resolves to Yes.
Settles via:SemaforThe InformationThe Washington PostThe Wall Street JournalABCCBSCNNFox NewsMSNBCthe United States CongressThe New York Timesthe Associated PressReutersAxiosPolitico
- 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.
- If marijuana is rescheduled from Schedule I to a lower drug schedule under the Controlled Substances Act before Jan 1, 2028, then the market resolves to Yes.