Over a recent dinner at his private Bedminster, New Jersey, club, as President Donald Trump recounted his move against the country’s top economic statistician and riffed on New York City politics, the conversation turned to a politically potent issue still in flux: loosening federal restrictions on marijuana.

U.S. President Donald Trump is considering reclassifying marijuana as a less dangerous drug, the Wall Street Journal reported on Friday, citing people familiar with the matter. At a $1 million-a-plate fundraiser at his New Jersey golf club earlier this month,

President Trump is considering a shift on marijuana policy that could see the drug reclassified as less dangerous—a move that pot industry leaders have aggressively lobbied for, and that could open the door to looser regulations and more profits for cannabis companies.

President Donald Trump’s administration is currently weighing whether to move forward with the marijuana rescheduling process initiated under the Biden administration, with the president recently telling donors that “we need to look at” the issue,