On June 29, 2025, efforts for federal cannabis reform faced another setback as the U.S. Senate's significant tax and spending bill excluded cannabis entirely, despite its widespread public support and the thriving state-level legal markets. Key features of the new bill included adjustments in corporate tax rates, increased defense spending, and cuts in Medicaid funding, but cannabis issues, such as the SAFE Banking Act and descheduling efforts, were again overlooked. This omission expresses a lack of prioritization by federal leaders amidst ongoing industry concerns over reform stagnation.
"We've been banging on the door for a decade," says one mu...
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