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He can order the DEA via the AG to reschedule cannabis, so yes he technically can. However, Trump cannot create a framework for cannabis to be sold, taxed, and regulated; that would be the responsibility of Congress. Of course, there's no chance in hell that Trump would just legalize it without giving the government a way to profit from it, so we're stuck waiting on Congress for this one.
Yes. That's what I was getting at in terms of full legalization. Rescheduling to 4 or 5 would still leave it subject to regulations under the CSA. Actual legalization would require Congressional action, which is very unlikely to occur, imo.

