'It's The First Step, Not The Final Step': Cannabis Rescheduling Push Gains Broad Support

As the cannabis industry anticipates potential changes in federal policy, Dutchie is actively pushing for rescheduling. Bryan Barash, vice president at Dutchie, spoke at the Benzinga Cannabis Capital Conference about the importance of rescheduling cannabis as the “first step” toward normalizing the industry at the federal level.

Barash emphasized the broad support for rescheduling across party lines, noting, "The vast majority of people support it in the United States, people of all parties—Democrats, Republicans, independents." He added that federal changes would allow businesses to "pay normal taxes" and operate like any other industry.

The Impact of Rescheduling on Cannabis Businesses

According to Barash, Dutchie is not only advocating for policy changes but is also preparing for the potential impacts of rescheduling on business operations. "We believe that rescheduling, which is very close to a complete process, is going to be the first step in finally having federal normalization," Barash said.

He further explained that such a move would allow cannabis companies to function with more excellent financial and operational stability, which is crucial for long-term success.

While rescheduling could bring significant changes, Barash clarified that this shift would not be the end goal. "It's the first step, not the final step," he reiterated, emphasizing the need for continued efforts toward full legalization.

Future Outlook and Dutchie's Role

As the industry waits for policy changes, Dutchie continues to focus on supporting cannabis businesses through technological advancements and strategic guidance. Barash believes Dutchie’s efforts can help enterprises adapt and thrive in a rapidly changing environment.

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