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The cannabis legalization battle is accelerating on multiple fronts—and every apparent victory is triggering another legal, political, or regulatory fight.

Virginia is finally moving from legal adult possession to a regulated retail cannabis market. Meanwhile, the DEA’s Schedule III hearing is approaching its conclusion, cannabis operators are fighting the IRS over Section 280E refunds, and the banking industry is again pressing Congress to pass SAFE Banking legislation.

But prohibitionist pressure is also building.

Massachusetts voters may be asked to eliminate adult-use cannabis sales and home cultivation. North Carolina lawmakers are choosing between regulating intoxicating hemp and effectively prohibiting much of the market. Wyoming is resisting automatic state rescheduling, while proposed federal youth-safety legislation could further restrict how lawful cannabis companies communicate with adults online.

Thomas Howard and Miggy break down the legal, business, tax, and political consequences—including what these developments mean for dispensary owners, cannabis investors, patients, advocates, and entrepreneurs.

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