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Federal Cannabis Policy: What’s Changing and Why It Matters


Alt text: Infographic showing timeline of major federal cannabis policy changes 2019–2023, NCSEF branded.

Intro:
Federal cannabis policy is on the move. With rescheduling talks gaining steam and bipartisan support in Congress, 2025 could be a turning point for the entire industry. But what does this actually mean for states—and for communities working toward social equity?

Key Federal Developments:

  • Lawmakers are debating reclassifying cannabis from Schedule I, potentially boosting research and medical access.

  • Bipartisan bills could expand banking access and decriminalize at the federal level.

  • Federal changes may pave the way for more uniform expungement and licensing across states.

Impact on Social Equity:
Federal reform means more funding, investment, and opportunity for individuals and groups historically excluded from the market. Advocacy is still critical—safe, equitable access for all remains an ongoing battle.

Action Step:
Stay informed: Sign up for the NCSEF newsletter for timely updates and member opportunities.

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June 2024