A statement from Frank A. Segall, Chair of Blank Rome’s Cannabis Industry Group:
The Trump Administration’s move on the rescheduling of cannabis is long overdue and monumental. It recognizes the importance of further legitimizing the health and wellness benefits of this miracle plant, allowing research and clinical trials to advance, and expanding access for those who may benefit from its medicinal properties.
However, meaningful and equitable access for all Americans, and fair treatment of the industry comparable to that extended to all other businesses, will only be achieved with full rescheduling of cannabis.
Blank Rome’s Cannabis Industry Group has been at the forefront of the cannabis industry for almost 15 years, successfully and innovatively helping its clients navigate the regulatory complexities that have long challenged cannabis businesses. This order moves us in the right direction, but it does not get us there entirely.
Blank Rome is committed to assisting its clients and the cannabis industry in navigating through this order, addressing its complexities, and continuing to advocate for full rescheduling.