Colorado leaders applaud Trump's marijuana order

The latest: Marijuana was listed as a Schedule I drug akin to heroin and LSD. It's now listed alongside Tylenol with codeine, ketamine and anabolic steroids.

• The administration announced Medicare will cover CBD starting as early as April next year as part of the order.

What they're saying: In a statement, Gov. Jared Polis thanked Trump for making the move, remarking that it was "far past time" to "get rid of arcane federal policies on cannabis."

The other side: One Chance to Grow Up, an organization that lobbies against the industry, said the reclassification sends a dangerous signal to youth that marijuana is safe.

• "This move places tax breaks for the commercial marijuana industry ahead of public health and ignores growing scientific evidence about risks to youth," said Diane Carlson, the organization's national policy director, in a statement.

Reality check: Marijuana remains a controlled substance — and Trump's order to downgrade the drug did not legalize it.

• Colorado Leads, a consortium of cannabis industry companies, applauded the executive order but said it did not go far enough to resolve conflicts in federal and state laws where it is legal.

Go deeper