As the new year approaches, two leaders from the Marijuana Policy Project expressed optimism about the future of cannabis policy under a second Trump presidency. Despite the challenges faced by the industry in 2024, including the collapse of numerous cannabis companies, the leaders believe that there are reasons to be hopeful.
One potential area of progress is federal marijuana rescheduling, which could lead to the passage of a new SAFE Banking bill and a more permissive approach to cannabis commerce from the Department of Justice. These developments could have a significant impact on the industry, providing greater clarity and stability for businesses and investors.
The leaders of the Marijuana Policy Project emphasized that there are still many challenges to overcome, but they believe that the incoming administration presents an opportunity for meaningful progress on cannabis policy. As the industry looks to the future, it will be important to continue advocating for reform and working towards a more favorable regulatory environment.
