Trump, Texas SB3 & the Rescheduling Timeline: Jim Higdon on What Comes Next

The Dime

Prohibition is dead — and Texas just proved it.
The recent SB3 vote signaled the start of something much bigger.

While hemp and cannabis operate in very different styles, both are ultimately pushing toward the same goal: a sensible framework for a one-plant solution.

The how? I’ll leave that to people way smarter than me.
But the genie is NOT going back in the bottle — and while speed and clarity aren’t often associated with Congress, we might see that sentence written sooner than expected.

This week, we sit down with Jim Higdon to discuss:

• The massive implications of Texas’ SB3 vote
• What signals to watch for from Trump
• What a “one-plant” solution could look like

Chapters

00:00 Introduction to the Cannabis Landscape

03:03 The Regulatory Cage of Cannabis

05:09 The Struggles of MSOs and Independent Operators

08:24 Advocating for Policy Change

10:15 The Role of the FDA and Future Regulations

12:43 The Future of Cannabis Regulation

15:04 Understanding the Texas Political Landscape

17:58 The Power Dynamics in Texas Politics

21:08 The Implications of the Texas Veto

23:53 The Role of Public Perception

26:09 The Economic Impact of THC in Texas

29:45 The Influence of Trump and Federal Oversight

30:14 The Path to Rescheduling Cannabis

34:31 The Future of the Farm Bill

36:00 The Optimistic Outlook for Cannabis

Summary

In this episode, Jim Higdon discusses the complexities of the cannabis and hemp industries, focusing on regulatory challenges, the political landscape in Texas, and the future of cannabis legislation. He emphasizes the need for collaboration between the hemp and cannabis sectors to navigate the evolving regulatory environment and advocates for a more unified approach to cannabis policy. The conversation also touches on the economic implications of THC products and the influence of political figures like Trump on the future of cannabis regulation.

Guest Links:

• https://www.cornbreadhemp.com/
• https://hempsupporter.com/team/jim-higdon/
• https://x.com/jimhigdon
• https://www.linkedin.com/in/jameshigdon/

Our Links

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Kellan Finney on Twitter

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