EPISODE · May 30, 2026 · 21 MIN
To The Class of Schedule III (May 31, 2026)
from Policy, Decoded · host The Homegrown Consulting Group
🎙️ Powered by THC Group, Policy, Decoded steps back from the churn to unpack one policy story shaping cannabis, hemp, alcohol, and regulated markets.This week: the cannabis industry just graduated to Schedule III, and the commencement address it is not going to get anywhere else.Every spring a famous stranger in rented robes tells a graduating class that the world needs them and the future is theirs. The cannabis industry got that speech in April, the morning the federal government moved part of it to Schedule III. The trade press called it a coming of age. This week we give the industry the other speech, the one a former regulator gives when the assignment is the truth. The diploma it collected is a receipt. It changed the tax bracket and little else. It could not hand over the one thing the industry was never permitted to keep.We walk the cast waiting outside the auditorium: lenders who already hold a lien on the bet, patients who trusted a number printed on a jar, and a tax code that still treats the graduate like the drug trafficker it was written for. We make the harder case underneath all of it, that the industry has no institutional memory, no one to carry a lesson from one state to the next, which is why Colorado wrote the book on oversupply and Michigan flooded its own market anyway. And we land where rescheduling cannot, on the responsibility the industry now owes the patients and customers who trusted it, the one that says do not make them pay twice for a lesson the state next door already learned.🔗 https://www.homegrown-group.com/blog/class-of-schedule-iii This podcast may include content written or produced with the support of AI tools under human direction and editorial oversight.Sign up for Policy, Decoded
What this episode covers
🎙️ Powered by THC Group, Policy, Decoded steps back from the churn to unpack one policy story shaping cannabis, hemp, alcohol, and regulated markets.This week: the cannabis industry just graduated to Schedule III, and the commencement address it is not going to get anywhere else.Every spring a famous stranger in rented robes tells a graduating class that the world needs them and the future is theirs. The cannabis industry got that speech in April, the morning the federal government moved part of it to Schedule III. The trade press called it a coming of age. This week we give the industry the other speech, the one a former regulator gives when the assignment is the truth. The diploma it collected is a receipt. It changed the tax bracket and little else. It could not hand over the one thing the industry was never permitted to keep.We walk the cast waiting outside the auditorium: lenders who already hold a lien on the bet, patients who trusted a number printed on a jar, and a tax code that still treats the graduate like the drug trafficker it was written for. We make the harder case underneath all of it, that the industry has no institutional memory, no one to carry a lesson from one state to the next, which is why Colorado wrote the book on oversupply and Michigan flooded its own market anyway. And we land where rescheduling cannot, on the responsibility the industry now owes the patients and customers who trusted it, the one that says do not make them pay twice for a lesson the state next door already learned.🔗 https://www.homegrown-group.com/blog/class-of-schedule-iii This podcast may include content written or produced with the support of AI tools under human direction and editorial oversight.Sign up for Policy, Decoded
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To The Class of Schedule III (May 31, 2026)
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