The U.S. government is considering one of the biggest cannabis policy shifts in decades—moving marijuana from Schedule I to Schedule III under federal law. If approved, this change could ease tax burdens, open the door to banking access, accelerate mergers and acquisitions, and reshape the industry’s growth trajectory.

In this episode, Kathy Fettke breaks down what federal reclassification could mean for investors, including the potential end of IRS rule 280E, how capital might flow back into cannabis businesses, and the impact this could have on real estate investors. She also explains what this shift would not do—like full legalization—and the implications for research, regulation, and market consolidation.

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