‘No Turning Back Now’: Cannabis Rescheduling Gains Momentum, Expert Offers Timeline
The ongoing debate over cannabis rescheduling continues to stir discussions within the industry, with many wondering what it will mean for the future of cannabis regulation.
Recent actions by federal agencies have prompted hope that rescheduling may occur within the next year, but the path remains unclear. According to Gary Santo, the CEO of Rx Green Technologies, the process is far from simple.
Untangling the Road to Cannabis Rescheduling
Santo, who will be speaking at the upcoming Benzinga Cannabis Capital Conference, discussed the complexity of rescheduling during a recent interview. He explained that while the rescheduling process has seen movement, it is not just a matter of waiting for a decision. “There’s more than just hope behind this rescheduling process. We’ve already seen significant movement—40,000 public comments, requests for hearings—so it’s no longer just talk,” he said.
Despite this progress, Santo urged caution, stating that the rescheduling timeline could extend longer than many in the industry expect. …