Today’s action by the federal government to move cannabis toward rescheduling marks a meaningful and long-awaited step forward for our industry.

The executive order directs federal agencies to reclassify cannabis from Schedule I to Schedule III under the Controlled Substances Act, acknowledging that cannabis has accepted medical use and does not belong in the most restrictive category of federal law.

Perfect Union commends this decisive action, which reflects what patients, consumers, and responsibly regulated operators have long understood. This shift signals real progress and greater alignment between federal policy and the established state-regulated cannabis markets.

Tom Sheridan, Perfect Union’s CEO, shared, “We applaud the federal government’s efforts to reschedule while also recognizing there is still work ahead. This is a significant milestone, and we are optimistic about the future of the cannabis industry.”

Perfect Union appreciates the leadership demonstrated today and the willingness to take meaningful action on an issue that impacts millions of Americans.

This moment represents real momentum and reinforces the growing recognition of cannabis as a legitimate, regulated industry in the United States.

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