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Who knows what theyâre going to do?â: US cannabis industry braces itself for Trump administration
The industry looks back wistfully on a past year of promise but little delivery, and wonders what next under Trump
For those awaiting the end of cannabis prohibition in the US, 2024 began on a hopeful note, but as the year comes to a close, many of those hopes remain unfulfilled.
âThe big issue is rescheduling, and there was a lot of excitement about that, but itâs been sort of mired down,â said Alex Halperin, who has covered the cannabis industry in his newsletter WeedWeek since 2015. Rescheduling would mean that cannabis is no longer federally banned under the Controlled Substances Act.
Joe Biden has been promising to reform federal cannabis law since his 2020 campaign, and rescheduling seemed like the most significant step the president was likely to take. But recent developments mean it wonât happen during his administration, if at all.
âNow, of course, we have the new administration, and who knows what theyâre going to do?â Halperin said
https://www.theguardian.com/society/2024/dec/27/cannabis-industry-trump-administration
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