Splitsville? Explaining Schedule III

Cannabis Now
By Robert HobanMay 14, 2026, 2:30 am46 pts
For years, the cannabis industry has treated federal rescheduling like a finish line. It isn’t. If cannabis moves to Schedule III, it’ll provide some tax benefits and open a new market pathway, but the result won’t be a unified, legitimate industry—it’ll be a split one: two systems, two rulebooks and no clear…

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