Will marijuana be rescheduled?
Kalshi's prices put Before Jan 1, 2027 at 5% and Before Jan 20, 2029 at 86%.
Chances and prices from Kalshi’s public order book at Oct 30, 2026, 4:02 PM ET. Updated daily.
Chance by each dateChance
Before Jan 1, 2027Yes 5c · No 96c
5%Before Apr 1, 2027Yes 35c · No 66c
35%Before Jul 1, 2027Yes 44c · No 58c
43%Before Oct 1, 2027Yes 61c · No 43c
59%Before Jan 1, 2028Yes 69c · No 33c
68%Before Jan 20, 2029Yes 87c · No 15c
86%Each date is its own Kalshi market. The chance is the midpoint of its best bid and offer. Dates run earliest to latest.
What settles it.
Every date uses the same rule with its own deadline in it. The rule below is for Before Jan 20, 2029.
Kalshi’s ruleBefore Jan 20, 2029
If marijuana is rescheduled from Schedule I to a lower drug schedule under the Controlled Substances Act before Jan 20, 2029, then the market resolves to Yes.
Source: Kalshi’s published market rules. Kalshi decides how every market settles. How Kalshi settlement works.
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