Market Context by Polymarket
The Weed rescheduled by...? market on Polymarket prices the likelihood of each possible outcome as an implied probability. December 31 currently leads at 14%, ahead of September 30 at 6% and July 31 at 0%, across 5 tradeable outcomes. The market resolves on 1 January 2027.
Cumulative volume on this market is $815K. You can explore live prices, the full outcome list and trader positioning in the analytics above.
How this market resolves?
This market will resolve to "Yes" if marijuana is rescheduled down from I to any other level (or is unscheduled completely) by the Drug Enforcement Agency of the United States (https://www.dea.gov/drug-information/drug-scheduling), by March 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". The primary resolution source for this market will be official information from the US government, however a consensus of credible reporting will also be used.
Frequently Asked Questions
What are the current Polymarket odds for Weed rescheduled by...??
December 31 leads at 14%, followed by September 30 at 6% and July 31 at 0%. Odds reflect live trading across 5 outcomes.
Who is the favourite on Weed rescheduled by...??
December 31, at 14% implied probability.
How does the Weed rescheduled by...? market resolve?
The market resolves on 1 January 2027. Shares in the winning outcome settle at $1.00; all others settle at $0.00. See How this market resolves? above for the official resolution rules.
How much money is on Weed rescheduled by...??
$815K has traded cumulatively on this market across 5 outcomes.
Can I see who is betting on Weed rescheduled by...??
Yes. Polymarket trades are on-chain, so positions are public. Use the holders and traders views on this page to inspect wallets active in this market.
How accurate are Polymarket odds on politics?
Prediction markets have generally outperformed polling averages on US elections, particularly in the final weeks before a vote. They are weakest far out from an event, when few traders are engaged and volume is thin — check open interest before treating a long-dated price as a forecast.