EP 221: Rescheduling Is a Done Deal. Here's What Happens Next. | Cannabis Industry Updates

In this episode of the Cannabis Accounting Podcast, Andrew Hunzicker, founder of DOPE CFO, recaps the biggest cannabis industry news from July 2026.Listen to learn about:✅ Medical cannabis permanently moved to Schedule III by the DOJ and DEA in April — why Andrew calls it the biggest cannabis news of the century, and why most people missed what it actually means✅ 280E no longer applies to medical cannabis operators — what a 25% improvement in cash flow and bottom line means for operators, investors, and lenders right now✅ The ALJ hearing on full recreational rescheduling just wrapped — why the anti-cannabis groups' own witnesses admitted cannabis meets the Schedule III definition, and what to expect from closing arguments on August 17th✅ Why two administrations, four federal agencies (HHS, FDA, DEA, DOJ), and 93% of 50,000 public comments make the anti-rescheduling lawsuits a losing battle✅ The MORE Act back in Congress — what full descheduling looks like and why cannabis treated like alcohol is closer than most people think✅ 85% of healthcare professionals already recommending cannabis, teen use down nearly 50% after legalization, and $28 billion in state tax revenue — why holdout states are running out of reasonsArticles mentioned in this episode:https://www.cannabisbusinesstimes.com/cannabis-rescheduling/news/15828911/dea-comes-out-swinging-in-cannabis-rescheduling-hearing https://www.marijuanamoment.net/inside-the-deas-marijuana-rescheduling-hearing-what-i-saw-who-was-missing-and-why-it-matters-op-ed https://norml.org/news/2026/07/02/report-adult-use-cannabis-markets-have-generated-over-28-billion-in-state-tax-revenue https://thehill.com/opinion/healthcare/5954552-controlled-substances-act-marijuana https://themarijuanaherald.com/2026/07/the-history-of-cannabis-legalization-in-the-united-states https://ganjapreneur.com/85-of-u-s-healthcare-professionals-believe-cannabis-has-medical-utility https://ganjapreneur.com/kansas-governor-candidate-pushes-cannabis-legalization-platform https://www.youtube.com/watch?v=9oZL8VjdDkw https://themarijuanaherald.com/2026/07/dea-judge-sets-august-17-deadline-for-final-briefs-following-conclusion-of-federal-marijuana-rescheduling-hearing https://moritzlaw.osu.edu/faculty-and-research/drug-enforcement-and-policy-center/research-and-grants/policy-and-data-analyses/federal-marijuana-reschedulinghttps://thepulse.hollandhart.com/post/102ncn4/schrodingers-schedule-how-the-feds-made-the-cannabis-plant-both-illegal-and-not https://ganjapreneur.com/teen-cannabis-use-dropped-by-more-than-60-in-minnesota-after-legalization https://themarijuanaherald.com/2026/07/glass-house-brands-hires-former-dea-official-to-advise-on-potential-interstate-marijuana-commerce-and-exports