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What The Polymarket Says About Cannabis Rescheduling And More

By Anthony Washington, The Fresh Toast on

Published in Cannabis Daily

Markets reveal expectations on weed policy, Greenland, Bond, and beyond in what the polymarket says about cannabis rescheduling and more. Prediction markets have quietly become one of the most closely watched indicators of public expectations, and few platforms illustrate this better than Polymarket. Built on blockchain technology, Polymarket allows users to wager on real-world outcomes ranging from elections and public policy to pop culture and geopolitics. The resulting prices act as a constantly updating forecast, reflecting how traders collectively assess the likelihood of major events. Here is what the polymarket says about cannabis rescheduling and more.

RELATED: Why Is Yawning Contagious One of the most closely followed policy questions on the platform has been whether the United States will reschedule cannabis under federal law. Markets asking whether marijuana would be moved out of Schedule I during 2025 collapsed to near zero by year’s end. Even contracts extending into early 2026 show limited optimism, with implied probabilities remaining in the single digits. Despite growing bipartisan rhetoric and widespread state-level legalization, traders appear unconvinced federal agencies will act quickly. The market suggests skepticism administrative or political hurdles will be resolved in the near term. Another surprising area of activity involves Greenland. Polymarket users have actively traded contracts speculating on whether the United States will acquire Greenland before the end of the decade. While the odds remain well below 50 percent, they have at times climbed into the low-to-mid teens, driven by renewed media attention on Arctic security, rare-earth minerals, and strategic shipping routes. The presence of meaningful trading volume indicates many participants see Greenland as more than a fringe geopolitical thought experiment.

Beyond policy and geopolitics, Polymarket has become a venue for cultural forecasting. One of its most popular entertainment markets centers on who will be cast as the next James Bond. Following the conclusion of Daniel Craig’s run as 007, traders have assigned varying odds to a shortlist of actors rumored to be under consideration. While no single candidate commands overwhelming confidence, the market fluctuates rapidly with casting rumors, studio comments, and betting activity tied to press speculation surrounding the James Bond franchise and its future direction. Financial markets are also a major focus. Bitcoin price targets routinely attract large pools of liquidity, with traders betting on whether the cryptocurrency will reach specific milestones by set dates. These markets often respond instantly to macroeconomic news, regulatory announcements, and shifts in institutional sentiment. Observers note that Polymarket’s Bitcoin odds frequently move faster than traditional analyst forecasts, offering a real-time snapshot of market psychology. Taken together, these bets highlight how Polymarket has evolved into a broader forecasting tool rather than a novelty platform. Unlike opinion polls or expert panels, prediction markets force participants to quantify their beliefs with capital at risk. While they are not guarantees of future outcomes, they provide a useful signal of how informed traders interpret available information. From cannabis reform and Arctic geopolitics to the future of James Bond and cryptocurrency prices, Polymarket’s odds offer a revealing glimpse into what people truly think will happen next — not just what they say publicly, but what they are willing to bet on.

 

The Fresh Toast is a daily lifestyle platform with a side of cannabis. For more information, visit www.thefreshtoast.com.

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