June 16, 2026|Press

Richard P. Ormond Published in Cannabis Industry Journal “Why California Cannabis Businesses Remain at Risk After the Schedule III Order”

“On April 22, 2026, Acting Attorney General Todd Blanche signed an order placing state-licensed medical marijuana into Schedule III of the Controlled Substances Act. The cannabis industry declared it a turning point. In certain respects, it is.”

“But turning points are not endpoints. And for California cannabis retailers who operate in the most complex, most taxed, and most litigated cannabis market in the country, the April 22 order resolves far less than the headlines suggest.”

To view the full article, click here.