The president was asked about the plan during a ceremony at the White House on Monday, presenting the Mexican Border Defense Medal, which recognizes service members deployed to the U.S.-Mexico Border.

"We are considering that," the president said. "Because a lot of people want to see the reclassification, because it leads to tremendous amounts of research that can't be done unless you reclassify. So we are looking at that very strongly."

A review process started by President Joe Biden in 2022 could reclassify marijuana as a Schedule III drug, but if finalized, it would not legalize or decriminalize the drug.

Trump told reporters in August that his administration was "looking at reclassification," but that a determination would not come until later.

"We're looking at it. Some people like it. Some people hate it. Some people hate the whole concept of marijuana, because if it does bad for the children, it does bad for people that are older than children," Trump said. "But we're looking at reclassification, and we'll make a determination over the next, I would say, over the next few weeks, and that determination, hopefully, will be the right one."

The president added that marijuana is a "very complicated subject" and that he believes the plant has done great things in the medical field, even if there are "bad things having to do with just about everything else but medical."

"For pain and various things, I've heard some pretty good things, but for other things, I've heard some pretty bad things," Trump said.

Picking Up Where Biden Left Off

If the president proceeds with the executive order, it could mean picking up where his predecessor left off, as it wasn't clear if the federal government would proceed with reclassifying marijuana as a Schedule III substance after Biden urged the Department of Health and Human Services (HHS) to review the drug's status in 2022.