Trump admin loosens regulations on state-licensed medical marijuana

President Donald Trump's administration is reclassifying state-licensed marijuana as a "less-dangerous" drug, Acting Attorney General Todd Blanche announced Thursday.

Blanche signed an order reclassifying marijuana from Schedule I – reserved for drugs like heroin – to the less strict Schedule III.

Blanche said the move is "delivering on President Trump’s promise" to expand Americans’ access to medical treatment options.

"This rescheduling action allows for research on the safety and efficacy of this substance, ultimately providing patients with better care and doctors with more reliable information," he said in a statement.

This is a developing story. Check back soon for updates.

The Associated Press contributed to this report.