Snapshot September 29, 2026 at 23:20 UTC · Category: Politics · Event KXMJSCHEDULE
As of September 29, 2026 at 23:20 UTC, the leading outcome is Before Jan 20, 2029 at 88%, followed by Before 2028 at 71%, Before 2027 at 7.3%. 950.9K contracts have traded, 26.8K in the last 24 hours.
| Outcome | Chance | 24h change | Volume | Open interest |
|---|---|---|---|---|
| Before Jan 20, 2029 | 88% | -3 pts | 62.4K | 32.1K |
| Before 2028 | 71% | -3 pts | 107.0K | 48.1K |
| Before 2027 | 7.3% | -17 pts | 781.4K | 243.5K |
Chance = midpoint of the best Yes bid and ask on Kalshi (last trade when the spread is wider than 10¢). Volume and open interest are in contracts. Current availability, prices, close time, fees, and settlement wording must be verified on Kalshi directly before trading.
■ Before Jan 20, 2029 ■ Before 2028 ■ Before 2027 · daily closing prices from Kalshi's public candlestick data
Excerpt of the contract rules from Kalshi's public market data:
“If marijuana is rescheduled from Schedule I to a lower drug schedule under the Controlled Substances Act before January 1, 2027, then the market resolves to Yes. If the DEA were to reschedule only certain cannabis derivatives or specific cannabinoids (e.g., move THC or a particular cannabis-derived pharmaceutical to a different schedule) without reclassifying marijuana/cannabis as a whole, that would not qualify as rescheduling marijuana for this contract. Ending the schedule altogether would resolve the market to Yes. Clarification (12/12/25): The Payout Criterion requires that marijuana is legally removed from Schedule I. The mere announcement or publication of a Final Rule in the Federal Register does not satisfy the Payout Criterion if the rule has not taken legal effect. The market resolves based on the actual status of the Schedules under the Controlled Substances Act.”
Read the full rules and trade on Kalshi: open this market on Kalshi. How settlement works in general: Kalshi settlement guide. Costs: Kalshi fees, the fee calculator, the payout calculator and the APY calculator.
As of September 29, 2026 at 23:20 UTC, the leading outcome is Before Jan 20, 2029 at 88%, followed by Before 2028 at 71%, Before 2027 at 7.3%. 950.9K contracts have traded, 26.8K in the last 24 hours.
Each outcome's probability is the midpoint between the best bid and ask for its Yes contract (or the last trade when the spread is wider than 10 cents). A 60-cent contract reads as roughly a 60% chance. The page is a dated snapshot refreshed twice a day, not a live quote.
The listed close dates range from January 1, 2027 to January 20, 2029. Settlement follows the contract rules summarised on this page; check them on Kalshi.
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Will marijuana be rescheduled? Kalshi Odds. (2026, September 29). Kalshi View. Retrieved September 29, 2026 at 23:20 UTC, from https://kalshiview.com/markets/will-marijuana-be-rescheduled/
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@misc{kalshiview2026marketswillmarijuanaberescheduled, title = {Will marijuana be rescheduled? Kalshi Odds}, year = {2026}, month = {Sep}, note = {Snapshot 2026-09-29 23:20 UTC}, url = {https://kalshiview.com/markets/will-marijuana-be-rescheduled/}}HTML credit
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