08/19/2026
Today, I attended The Latest on Federal Ma*****na Rescheduling, an informative discussion about where the federal process stands and what it may mean for the cannabis industry.
The message was clear: Schedule III represents meaningful progress, but it is not federal legalization.
For retailers, manufacturers, cultivators, processors, distributors, laboratories, educators, attorneys, and other professional stakeholders, now is the time to look beyond the headlines. Organizations should review employee education, product claims, quality systems, tax planning, contracts, supply chain documentation and compliance procedures.
Three important questions to consider:
1. Do our employees understand what Schedule III changes and what it doesn’t?
2. Are our legal, tax, and regulatory assumptions based on verified guidance?
3. Are our products, documentation and internal systems prepared for greater professional scrutiny?
The businesses best positioned for what comes next will be those that lead with preparation, transparency, education, and trust. Schedule III may be an important milestone, but it is not the finish line. ☺️