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Cannabis Legalization News 2026: Key Predictions, Rescheduling Updates, and Industry Insights

In this episode of Cannabis Legalization News, the hosts dive into the latest developments and predictions for cannabis legalization in 2026. They discuss an unexpected geopolitical event involving the extraction of the Venezuelan president by the U.S., which may delay the rescheduling of marijuana to Schedule III. The episode covers various federal and state-level updates, including changes in hemp regulations, the implications of rescheduling for businesses and consumers, and predictions for the timeline of these changes. Other topics include the challenges faced by dispensaries due to stringent regulations, the economic impact on hemp farmers, and the evolving legal landscape. Engaging with listener questions, the hosts also touch upon the potential benefits of rescheduling for veterans and medical use, as well as the importance of comprehensive legalization reforms.

00:00 Introduction to 2026 Cannabis Legalization News
00:29 Unexpected Political Developments
00:43 Impact on Cannabis Rescheduling
01:21 Predictions for Cannabis Legalization in 2026
03:47 Discussion on Hemp Redefinition
08:59 Challenges in Cannabis Business Financing
12:14 THC and Hemp Industry Dynamics
13:59 Federal and State Legal Challenges
16:08 Rescheduling and Its Implications
17:40 Veterans and Cannabis: A New Hope
32:12 Introduction to the New Format
32:27 Medical Marijuana and Strain Preferences
33:07 Challenges with Legalization and Compliance
34:21 The Frustrations of Legalization Efforts
36:01 Cannabis Legalization News
37:19 The Legal Process and Bureaucratic Hurdles
38:54 Federal vs. State Regulations
41:04 The Impact of Rescheduling on the Industry
45:21 State-Level Marijuana Reforms
01:00:58 Conclusion and Future Outlook

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In this episode of Cannabis Legalization News, Tom, a cannabis lawyer, discusses his key predictions for cannabis and hemp legalization in 2026. He outlines three major points: the anticipated rescheduling of marijuana to Schedule 3 and its financial implications for the industry, the potential shutdown of the current hemp market due to new federal definitions and enforcement, and the long-term impact of enhanced research on cannabinoids for medical use. Tom also delves into the timeline for these changes, explaining how actions from Congress, the DOJ, and the FDA will shape the future of cannabis legislation.

00:00 Introduction and 2026 Predictions Overview
00:28 Understanding Schedule Three and 280E
00:50 Debunking Common Misconceptions
01:37 Rescheduling Timeline and Industry Impact
02:43 Hemp Legislation and Enforcement
03:37 Congressional Actions and Deadlines
04:35 FDA's Role and New Hemp Definitions
06:51 Executive Orders and Regulatory Framework
12:58 Research and Medical Use of Cannabinoids
15:12 Predictions for 2026
16:34 Conclusion and Call to Action

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In this eye-opening episode, we dive into one of America's biggest policy failures: the pricing of prescription medications like GLP-1s. While many focus on the legalization and rescheduling of cannabis, there's a far more insidious, legal, and mainstream drug policy draining your paycheck and costing countless lives. We break down the economics, the hidden players like PBMs, and the stark differences in drug pricing between the US and other countries. Learn how we can fix this broken system and why it matters for your wallet and your health. 💊💸 #DrugPolicy #HealthcareCosts #Cannabis #DrugPrices #GLP1 #EconomicImpact 🌿💰

00:00 Introduction: The Real Worst Drug Policy in America
01:23 Cannabis: The Obvious Candidate
04:30 The Hidden Cost of GLP-1 Medications
06:30 The Economics of GLP-1 Pricing
08:15 Global Comparison and Policy Solutions
14:01 Conclusion: The Real Crime in Drug Policy

In this eye-opening episode, we discuss a mainstream, legal drug policy that is quietly draining more money from your paycheck than the war on drugs. We break down the economics and the hidden players like pharmacy benefit managers (PBMs) that impact your "prescription benefits". Learn how this system impacts your wallet and how to make money moves to protect yourself from these rising "prescription" costs through understanding the role of your "pharmacy" and big "pharmacy benefit manager" companies.

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Cannabis Legalization: Industry Updates and Future Projections

In this episode of Cannabis Legalization News, the hosts discuss an array of topics impacting the cannabis industry. They highlight a significant recent executive order from Donald Trump aimed at reclassifying marijuana as a Schedule III drug. The discussion covers the potential impacts of this reclassification on the cannabis industry, including changes in regulation, the importance of API integration in point-of-sale systems, and the ongoing battle against synthetic cannabinoids sourced from China. The show features Kyle Sherman of Flowhub, who shares his journey in cannabis tech, his efforts in compliance solutions, and the industry's evolution. They also discuss the potential improvement in state regulations and examples of successful dispensary operations. The episode concludes with plans for the upcoming Pekin local dispensary and thoughts on the future of cannabis legalization in the United States.

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Folks, this was a whiplash week for cannabis law.

The U.S. Supreme Court just refused to hear a case that could have blown up federal marijuana prohibition — leaving state-legal cannabis businesses stuck under a federal ban that everyone admits makes no sense anymore.

And then…
BOOM.

President Trump signed an executive order that does what the Court wouldn’t:
➡️ Orders marijuana’s move to Schedule III
➡️ Acknowledges cannabis has accepted medical use
➡️ Forces the federal government to finally catch up with reality

In this episode of Cannabis Legalization News, we break down exactly what happened — and why this moment matters more than most people realize.

🧠 WHAT WE COVER IN THIS EPISODE:

🌿 Supreme Court Reject

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BREAKING NEWS: Donald Trump is expected to make a historic announcement regarding a Marijuana Executive Order today at 1:30 PM ET. Join cannabis lawyer Thomas Howard and Miggy 420 LIVE on Cannabis Legalization News for real-time legal analysis of this potential rescheduling event.
In this live stream, we cover:

The Announcement: Full breakdown of Trump's executive order on weed and what the text actually says.
Legal Reality: Does this move marijuana to Schedule 3? What happens to 280E taxes immediately?
Business Impact: How this affects the cannabis industry, MSOs, and marijuana stocks right now.
Next Steps: What federal legalization looks like moving forward and what Congress must do next.

Get the facts without the hype. This is your go-to source for cannabis business legal strategy and industry insights.

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We also dive into a packed week of stories:

Plus: Name That Strain, updates from the hosts, and how these stories connect to the broader fight for federal reform.

⏱️ TIMESTAMPS

00:00 Introduction and Special Awards
00:43 Cannabis Legalization Updates
00:54 Trump Administration and Cannabis Policy
02:44 MJ Biz Reports and Industry Insights
03:51 Advocacy and Policy Challenges
09:44 Cannabis Hyperemesis Syndrome and Scramming
14:13 Dispensary Licensing and Market Challenges
33:33 Federal Hemp Law Changes and Implications
35:04 Enforcement Challenges and Banking Issues
36:13 DEA and Local Law Enforcement Collaboration
37:48 Federal Change and Market Shaping
38:19 YouTube Demonetization Struggles
40:50 Name That Strain Game
46:48 Supreme Court and Cannabis Legalization
01:01:52 Concluding Thoughts and Future Outlook

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In this episode, Tom, a cannabis industry lawyer, discusses a new loophole in the federal meaning of hemp resulting from the latest legislative process during a government shutdown. He explores how Congress's attempt to address intoxicating hemp might have created unexpected outcomes for the cannabis industry, particularly with the current us politics landscape. This situation highlights the ongoing challenges and potential for congress gridlock when dealing with complex regulations concerning hemp, which could lead to a future hemp ban. This could significantly impact the future of cannabis and marijuana in America.

They discuss a significant case where a group of Massachusetts cannabis companies is asking the Supreme Court to rule that the federal marijuana ban no longer applies to them, potentially overturning the 2005 Gonzales v. Raich ruling. Other topics include the Ohio legislature's move to tighten cannabis laws, the potential impact of new federal CBD coverage under Medicare, and Tennessee's evolving hemp regulations. 
00:00 Welcome to the Cannabis Law Podcast
00:29 Massachusetts Cannabis Companies Challenge Federal Ban
01:47 Supreme Court's Role in Cannabis Legalization
17:22 Ohio's Controversial Cannabis Legislation
21:24 Federal Health Agency and CBD Coverage
28:47 Political Maneuvering and Hemp Legislation
30:49 Understanding Decarboxylation
32:16 Cannabis Stigma and Medical Use
35:43 Michigan's Cannabis Tax Battle
39:14 Name That Strain: Fun with Cannabis Varieties
43:25 Tennessee's Hemp Industry and Legal Challenges
47:45 Federal Legalization and Regulatory Issues
55:47 Concluding Thoughts and Future Content


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In this comprehensive episode, canna-lawyer Tom dives into the recent changes in federal hemp laws and their impact on the industry. Drawing from his extensive experience in the field, Tom provides an in-depth analysis of the new hemp regulations, including the redefinition of hemp, the inclusion of THCA, and the stringent guidelines for THC concentration.

If you work in cannabis, want to get into the industry, or just want to keep up with the politics shaping the plant — this is your weekly briefing.

00:00 Welcome to the Show!
00:55 Thanksgiving Week and Cannabis Legalization
01:24 States Poised for Legalization in 2026
03:10 Hemp and Legalization Challenges
05:12 The Hemp Loophole and Legal Battles
10:31 The Future of Hemp and Cannabis
18:44 Podcast and Reviews
21:34 Ranting About Industry Leaders
22:06 Legal Troubles and Financial Woes
23:07 Understanding Put Options
24:09 Cookies' Business Model
25:29 Personal Finance and Business Sense
26:12 Cannabis Industry Branding
28:19 Health Concerns in the Cannabis Industry
29:19 Regulatory Challenges and Legislative Reform
32:57 Federal Prohibition and Legal Battles
34:28 Name That Strain
36:48 Florida's Marijuana Legislation
39:21 Market Monopolies and Licensing Issues
43:41 Cannabis and Alcohol Consumption Study
44:08 Technical Difficulties and Sign Off
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Major Week in Cannabis Legalization: Omnibus Bill Impacts Hemp Industry and Future Policy

In this episode of Cannabis Legalization News, hosts discuss a surprising week in cannabis news, particularly focusing on the recent federal changes to hemp regulations. The hosts elaborate on the implications of the omnibus bill that significantly affects the hemp industry, requiring compliance with new definitions of hemp which essentially exclude any intoxicating THC properties. They explore the potential fallout for hemp growers, processors, and retailers, especially concerning banking and compliance with IRS regulations. The conversation also touches on the broader implications for cannabis legalization, including the state-level reactions, federal enforcement, and future policy considerations like rescheduling of cannabis to Schedule III. Highlights also include engaging with viewer questions and industry insights.

00:00 Introduction to Cannabis Legalization News
00:04 Biggest Week in Cannabis News
00:24 QR Code for Weekly Updates
01:16 Trending Topics in Cannabis
01:32 Illinois Loan Money and Slide Decks
02:14 Interstate Commerce and Hemp Regulations
02:29 Farm Bill and Legal Definitions
03:31 Hemp Industry Challenges
08:40 Banking and Legal Complications
16:23 Future of Cannabis Legalization
33:39 Federal Enforcement and Rescheduling
34:06 Cannabis Industry Challenges and Comparisons
34:43 Consumer Experiences and Preferences
35:56 Legalization Enthusiasts and Voter Behavior
36:57 Hemp vs. Cannabis Debate
37:28 State Regulations and Market Dynamics
39:05 Possession Limits and Policy Changes
39:36 Challenges in the Cannabis Industry
39:51 Hemp Industry Loopholes and Legal Issues
40:12 Name That Strain and Listener Interaction
42:06 Policy and Legalization Discussions
43:33 Federal vs. State Regulations
44:58 Industry Predictions and Future Outlook
46:49 Advocacy and Realistic Approaches
53:29 Concluding Remarks and Future Plans

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In this comprehensive episode, canna-lawyer Tom dives into the recent changes in federal hemp laws and their impact on the industry. Drawing from his extensive experience in the field, Tom provides an in-depth analysis of the new hemp regulations, including the redefinition of hemp, the inclusion of THCA, and the stringent guidelines for THC concentration. He also discusses the implications for hemp businesses, particularly in the context of banking and legal compliance.

👍 Don't forget to like, comment, and subscribe! Stay tuned for more updates on cannabis legalization and industry news.

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00:00 Introduction to Tom and the Hemp Industry
00:29 Deep Dive into New Hemp Laws
02:36 Banking and Financial Implications
04:14 New Definitions and Exclusions
05:42 Intermediate and Final Hemp Products
08:08 Genetics and Future of Hemp
14:04 FDA's Role and Future Regulations
16:16 Political Landscape and Future Predictions
18:13 Conclusion and Final Thoughts

In this video, Tom explains the ins and outs of THCA and the **farm bill loophole** 🌿. Learn about **thca legal** status and the impact on the **hemp industry**, as well as broader **weed regulation** and **cannabis legalization** efforts. He also touches on the nuances of **thca hemp** and its significance.

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