Sara Gullickson was recently recently quoted in The AZ Insider’s Article on What Federal Rescheduling means for Arizona.
Sara said, “Rescheduling cannabis from Schedule I to Schedule III is a structural shift for the industry, not full federal legalization. The most immediate impact is the effective end of 280E, which will significantly improve cash flow and financial stability for compliant operators. That said, state licensing frameworks remain fully intact, and operators should expect heightened expectations around compliance, governance, and operational discipline. This move rewards well-run businesses with strong regulatory foundations and positions cannabis closer to a normalized, highly regulated industry, while exposing those that are unprepared for increased scrutiny.”
