The Cole Memo

The Cole Memo

The Cole Memo is your go-to source for informed, open discussion on civil liberties. Each episode tackles pressing issues, such as the decriminalization of drugs, the latest developments in the cannabis industry, and so much more. Hear from a diverse range of guests, including but not limited to: industry insiders, advocates, entertainers, and musicians, as they bring their unique perspectives to the conversation. Tune in to stay informed and engaged on the issues that matter most. Go to TheColeMemo.com to learn more!

Episodes

May 22, 2026 34 mins
Cole Preston is joined by Brad Spirrison to preview the upcoming Midwest Cannabis Forum, a regional event bringing together voices from across the cannabis, hemp, beverage, tech, finance, and regulatory worlds. The conversation explores why organizers are trying to create a space for dialogue between industries that are often at odds, while also discussing the rapidly changing landscape surrounding hemp-derived products, intoxicati...
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This week on The Cole Memo, Cole breaks down Illinois House Bill 5784, a sweeping new cannabis omnibus proposal that could dramatically reshape cannabis policy in the state. The bill would double possession limits for adults, expand medical access by allowing patients to shop at more dispensaries with lower tax rates, extend dispensary operating hours until 2 a.m., expand drive-thru and curbside pickup options, loosen certain crimi...
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Cole breaks down the latest cannabis policy developments unfolding in Illinois, including concerns surrounding House Bill 4782, the state’s odor-proof vehicle law, and discussions about possible changes tied to a broader cannabis omnibus package. Cole also shares what advocates are hearing behind the scenes about lawmakers tightening the circle around cannabis policymaking and what that could mean for consumers, homegrow advocates,...
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Cole Preston is joined by Madeline Scanlon for a wide-ranging conversation about homegrow culture, cannabis legalization, Schedule III concerns, and the future of cannabis access in Illinois. Maddie shares details about her new Outdoor Grow Club through High Focus Media, designed to help everyday people successfully grow outdoor cannabis with community support, clones, supplies, and education throughout the season. The conversation...
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Cole Preston is joined by Michael Lasley of Illinois News Joint for a wide-ranging conversation about the federal government’s latest cannabis rescheduling developments and what they could mean for Illinois. From Schedule III and 280E tax relief to homegrow protections, interstate commerce, and the future of medical cannabis, the two unpack the massive questions still hanging over the industry. They also discuss Illinois’ unique du...
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Enjoy this short episode. Show notes will be available soon at ColeMemo.com
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April 22, 2026 46 mins
In this episode of The Cole Memo, we take a closer look at where Illinois cannabis tax revenue is actually going and whether it’s living up to the promises made at legalization. From general revenue funds to reinvestment programs, we break down what’s known, what’s unclear, and why transparency still matters. We also highlight an op-ed from State Representative Sonia Harper, who argues that while the industry is thriving, the equit...
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This episode covers a range of developing stories shaping the cannabis landscape. Cole breaks down allegations against Verano involving the exposure of sensitive patient data, highlighting ongoing concerns around privacy in the medical market. He also explores Target’s expansion into hemp-derived THC drinks in Minnesota, raising questions about corporate influence and what companies may be anticipating as regulatory changes loom. ...
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In this episode, I sit down with Jimmy Young, executive producer of Cannabis Coast to Coast News and an Emmy award-winning broadcaster, to talk about his journey from sports media into cannabis journalism. We discuss how he built a national platform covering cannabis policy, the challenges of censorship in the space, and what it really takes to produce consistent, independent media in a rapidly evolving industry. We also get into t...
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In this episode of The Cole Memo, Cole covers a major upcoming Illinois cannabis town hall and breaks down a viral controversy surrounding inflated THC potency labels in dispensaries. A Reddit post and independent testing results raise serious questions about accuracy and trust in cannabis testing, highlighting how young and evolving the industry still is. The main segment features a deep dive into Missouri’s rapidly escalating hem...
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In this episode, I’m joined by Brad Spirrison to discuss the relaunch of GrownIn and what it means for cannabis commerce and culture in Chicago and the broader Midwest. We talk about why the region is uniquely positioned as a hub for cannabis talent, business, and innovation, and how this next chapter aims to bring those pieces together in a more intentional way. We also dive into the upcoming Midwest Cannabis Forum on May 28, incl...
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In this episode, Cole breaks down a major Illinois cannabis licensing case heading to court, where questions around transparency, fairness, and hidden relationships are front and center. With hundreds of allegedly ineligible applications impacting the odds, the outcome of this case could reshape how people view the state’s licensing process. Cole also shares a personal milestone, announcing his official entry into the industry and ...
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In this episode, Cole sits down with longtime lobbyist Mark Peysakhovich to unpack how policy actually gets made behind the scenes in Springfield. With over 30 years of experience, Mark shares his journey from immigrating to the United States to becoming a key figure in state legislative affairs, working across cannabis, hemp, healthcare, and more. The conversation goes far beyond cannabis, diving into how lobbying really works, wh...
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In this episode, I sit down with a fellow advocate to discuss a headline story involving alleged cocaine cash laundering tied to an Illinois cannabis licensee, along with the latest updates from Springfield. Watch video version and read full show notes here: https://thecolememo.com/2026/03/27/e268/
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In this episode of The Cole Memo, we break down several key developments shaping cannabis policy right now. From ongoing confusion around Illinois’ odor-proof container law to new concerns about DUI testing accuracy, there’s no shortage of questions about how these rules are actually being applied in the real world. We also take a look at labor wins in the industry and what they could mean for workers moving forward. Beyond Illinoi...
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This episode of The Cole Memo breaks down two major stories shaping the conversation around cannabis policy in Illinois. First, new developments in the University of Illinois Chicago drug testing lab controversy raise serious questions about past DUI cases, scientific standards, and accountability. As more cases get dropped, the conversation around faulty testing continues to grow. Then, we shift to a real-world example of how conf...
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This episode of The Cole Memo covers a handful of stories that show how messy cannabis policy can get once it leaves the page and enters the real world. Cole breaks down the arrest of an Illinois man returning from Michigan with cannabis, reacts to the online conversation around that case, and looks at Senator Rachel Ventura’s latest psilocybin proposal and what it could mean for broader drug policy in Illinois. The episode also ex...
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In this episode of The Cole Memo, Cole is joined by hemp farmer and congressional candidate Stacy McCaskill for a wide-ranging conversation about cannabis policy, the hemp industry, and the challenges of entering politics as an independent voice. They discuss the ongoing debate between hemp and marijuana markets, why many small operators see the 2018 Farm Bill as their only on-ramp into the cannabis industry, and the tension betwee...
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In this laid-back episode of The Cole Memo, Cole sits down with Byron, host of the Lost and Faded podcast, for a fun conversation about cannabis, movies, and building an independent creative platform. Byron shares how he got started in the cannabis industry, what inspired him to launch a podcast centered around smoking and talking about films, and how the show has grown into a space for movie lovers, stoners, and creators alike. Th...
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In Episode 262, Cole plays clips from a wide-ranging interview with Illinois cannabis regulator Vaughn Bentley of IDFPR, digging into how the state oversees dispensaries, what regulators say they prioritize, and why Illinois does things differently than most states. Along the way, Cole shares commentary on testing, recalls, product safety, privacy protections at dispensaries, and the ongoing debate over limited licenses and the so-...
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