Cannabis Rescheduling
Moving cannabis to Schedule III represents a fundamental shift in how the federal government and society at large view the plant, transforming the way the cannabis industry operates. This change will empower the 425,000 people working in the US cannabis industry and bring in new talent, capital and awareness to an industry that has a positive impact on millions of people's lives.
At Dutchie, we’ve worked tirelessly alongside our customers and partners toward this outcome for years, putting thousands of hours and millions of dollars towards cannabis policy reform as co-chairs of the Coalition for Cannabis Scheduling Reform.
One of the most immediate impacts of rescheduling is the end of the 280E tax penalty, removing a long-standing barrier to growth. This change will also bring in large institutions and services across the business and banking world, allowing this major US industry to have the same support as the rest of our economy.
When federal policy catches up to reality, it changes how consumers, families, and patients think about cannabis. That matters just as much as the business impact.
