WASHINGTON, Dec. 18 -- Sen. Ted Budd issued the following press release:

Senator Ted Budd (R-N.C.) released the following statement after President Trump signed an executive order that would reschedule marijuana from a Schedule I drug to a lower classification, easing federal restrictions on the substance:

"Rescheduling marijuana to a Schedule III substance and putting more money in the pockets of marijuana companies is a shortsighted policy decision that will have detrimental effects on the health and safety of Americans, especially our nation's youth. The negative health impacts of marijuana are numerous and well-documented-increased risk of heart attack, stroke, psychotic disorders, addiction, and hospitalization. Marijuana use contrib...