‘Who knows what they’re going to do?’: US cannabis industry braces itself for Trump administration

The industry looks back wistfully on a past year of promise but little delivery, and wonders what next under Trump

For those awaiting the end of cannabis prohibition in the US, 2024 began on a hopeful note, but as the year comes to a close, many of those hopes remain unfulfilled.

“The big issue is rescheduling, and there was a lot of excitement about that, but it’s been sort of mired down,” said Alex Halperin, who has covered the cannabis industry in his newsletter WeedWeek since 2015. Rescheduling would mean that cannabis is no longer federally banned under the Controlled Substances Act.

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‘Who knows what they’re going to do?’: US cannabis industry braces itself for Trump administration

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