In our latest episode of A Higher Law, Lance Boldrey and John Fraser dive into the historic rescheduling of medical marijuana from Schedule I to Schedule III – arguably the most significant shift in federal cannabis law in over 50 years.

From tax relief and DEA registration to the expanding role of state regulatory systems, they break down what this change actually means for the industry, and why it could reshape how cannabis businesses operate moving forward.

They also look ahead to what’s next, including the potential path for adult-use cannabis and the legal and regulatory questions still to be answered.