Cannabis in 2026 – Part I- Marijuana Rescheduling—What’s Moving, What Won’t, and Why It Matters

[#item_full_content] Federal cannabis policy is entering 2026 in a “split-screen” posture: marijuana appears to be moving toward a less restrictive federal status, while hemp is facing a major federal contraction (covered in our next installment, Cannabis in 2026 – Part II: Hemp Tightening in 2026—The Compliance Cliff, CBD Carve-Out Signals, and Business Risk). For cannabis operators, investors, and counsel, the immediate task is practical: separate what a Schedule III move would change (materially) from what it would not (often misunderstood). This is a rapidly evolving area.  Read More