Trump’s Uncertain Impact on the US Cannabis Industry: A Year of Stalled Progress and Growing Concerns

The US cannabis industry is bracing itself for the incoming Trump administration, which has left many wondering what changes will come to the federal law regarding cannabis. Despite promises from President Joe Biden to reform federal cannabis law, the process has stalled, and many are left uncertain about what the future holds.

The past year saw no new states legalize recreational cannabis, marking the first year since 2017 without any new legalization. While some progress was made, such as the Department of Health and Human Services’ recommendation to reclassify cannabis from a Schedule I substance to a Schedule III substance, the process has been slow and uncertain.

The cannabis industry is also facing concerns about the safety of cannabis products, with recent exposés revealing alarming levels of pesticides in some products. The legal hemp industry is also under scrutiny due to reports of contaminated and mislabelled products.

Despite the uncertainty, the cannabis industry has continued to expand, with Ohio and Delaware granting their first licenses to recreational dispensaries. Cannabis consumption lounges are also becoming more common in the US.

The incoming Trump administration has left many in the cannabis industry wondering what changes will come to the federal law regarding cannabis. While Trump has expressed support for cannabis reform in the past, his commitment to the issue is unclear, and many are concerned about the resistance to reform from elected Republicans in Washington.

The cannabis industry is likely to continue to face challenges and uncertainties in the coming years, but many are hopeful that progress will be made towards a more permissive federal law.