On this special This Week in Cannabis episode Presented by Cultivated Media, High Spirits hosts Ben & AnnaRae join Jay & Jeremy from Cultivated and Marc Hauser of Cannabis Musings to break down the biggest cannabis policy story of the year: the federal push to reschedule marijuana to Schedule III.

Recorded live just days after the announcement, this conversation cuts through the hype to examine what actually changes—and what still hangs in the balance—for cannabis, hemp, banking, and dealmaking.

Tune in Fridays at 9AM PT / 12PM ET at youtube.com/@CultivatedMedia.

What You’ll Learn:

• What cannabis rescheduling to Schedule III actually does—and doesn’t—change
• Why 280E relief is the real financial unlock operators are watching
• How rulemaking, lawsuits, and Congressional action could still derail progress
• What this moment means for hemp-derived THC, CBD, and the Farm Bill fight
• Why deal flow, M&A, and market volatility may surge in early 2026
• The myths around SAFE Banking, uplisting, and credit card acceptance

Meet the Panel:
This episode features insights from Jay Rosenthal and Jeremy Burke of Cultivated Media, Marc Hauser of Cannabis Musings, alongside Ben Larson & AnnaRae Grabstein of High Spirits. Together, they bring perspectives from policy, media, finance, and operations to unpack one of the most consequential weeks in cannabis history.

Why Tune In?
If you’re a cannabis or hemp operator trying to separate real opportunity from political theater, this episode is essential listening. The headlines say “historic”—this conversation explains what survival, growth, and strategy actually look like next.

Have a question for us? Send us a text. We may answer it in the next show!

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High Spirits is brought to you by Vertosa and Wolf Meyer.

Your hosts are Ben Larson and AnnaRae Grabstein.

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Remember to always stay curious, stay informed, and most importantly, keep your spirits high.