Descheduling Cannabis: Be Careful What You Wish

Please be aware that cannabis and related laws vary. Programming in this track is designed to inform attendees about this fast-changing industry, and does not promote the use or sale of illegal drugs.

Many in the cannabis industry advocate for removing cannabis from the Controlled Substances list or descheduling. But what if descheduling destroys the cannabis industry instead? If cannabis gets descheduled and then treated like tobacco, what's to keep it out of convenience stores and Wal-Mart? In fact, convenience stores are already preparing their argument to sell prepackaged cannabis products. If they succeed, it could decimate the dispensary system and see the destruction of millions of dollars of investment. Some in the industry believe this won't happen, others on the outside believe the cannabis industry is unbelievably naive in how Congress will move to benefit Wal-Mart & 7-11 over disrespected cannabis companies. This panel will highlight this debate.

Programming descriptions are generated by participants and do not necessarily reflect the opinions of SXSW.

photo of Debra Borchardt
Debra Borchardt

Green Market Report

photo of Dr. Willie McKinney
Dr. Willie McKinney

McKinney Regulatory Science Advisors, LLC

photo of Mark Singleton
Mark Singleton

Mark Singleton Investments

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