Episode 8 - The Future of Hemp and Cannabis Under the New Administration

In Episode 8 of "MC Talk with Bret Worley" special guests Bob Hoban and Philip Snow discuss the future of Hemp and Cannabis under the new administration. 

• The recent Republican election victories are seen as positive for the cannabis/hemp industry, with expectations of policy shifts and potential rescheduling of marijuana.
• There is optimism about the possibility of rescheduling marijuana from Schedule I to Schedule III, but concerns about how this would be implemented in practice.
• The need for the hemp and marijuana industries to find common ground and work together, rather than continuing to fight, is emphasized. The idea of a "one plant solution" is raised.
• Significant concerns are expressed about overly restrictive regulations, such as low THC/cannabinoid limits, that could stifle innovation and drive consumers back to the illicit market.
• The importance of meeting consumer demand and tolerances is highlighted, with examples of more favorable regulations negotiated in some states like Tennessee.
• The discussion also touches on the political dynamics in Florida and the potential impact of the governor's veto of restrictive hemp regulations.

Time Stamps
0:00:00 - Introduction and discussion of election outcomes
0:01:42 - Impact of Republican control on the cannabis/hemp industry
0:04:00 - Potential changes under a Trump administration
0:06:24 - Rescheduling of marijuana from Schedule I to Schedule III
0:10:00 - Challenges and implications of marijuana rescheduling
0:15:00 - Potential for cooperation between hemp and marijuana industries
0:18:15 - Concerns about overly restrictive regulations
0:22:37 - Importance of meeting consumer demand and tolerances
0:27:34 - Example of negotiated cannabis regulations in Tennessee
0:29:14 - Florida's hemp industry regulations and Governor DeSantis' veto

Guests:
Bob Hoban (Cannabis Attorney and Strategic Advisor, Clark Hill Law)

Philip Snow (General Counsel -  MC Nutraceuticals, Director of Legislative Affairs - American Healthy Alternatives Association) 

Host:

Bret Worley - CEO/Founder of MC Nutraceuticals & MC Global Holdings

Executive Producer:
Alex Danell