What’s next for cannabis in 2026 a look at federal policy, medical research, hemp drinks and state action. The U.S. cannabis industry enters the new year at a crossroads, shaped by federal policy debates, state-level legislative reviews and growing public acceptance of marijuana as both a consumer product and a medical treatment. While sweeping legalization remains uneven, the year ahead could bring some of the most consequential changes the industry has seen in decades. So what’s next for cannabis in 2026. At the center of the national conversation is whether marijuana will be rescheduled under federal law. Currently classified as a Schedule I substance — alongside heroin — cannabis is defined as having no accepted medical use. That designation has long conflicted with state medical programs and emerging scientific research. Federal agencies are now formally reviewing whether marijuana should be moved to Schedule III, a change would acknowledge medical value and significantly alter how cannabis businesses are taxed and regulated. A rescheduling decision would not legalize marijuana nationwide, but it could ease restrictions on research, improve access to banking services and remove a major tax burden faced by licensed operators. While momentum has grown, federal officials have not finalized a decision, making 2026 a critical year to watch for regulatory clarity. Another major issue unfolding in 2026 involves hemp-derived THC beverages, which surged in popularity as alcohol alternatives. These drinks, often sold outside licensed cannabis dispensaries, exist in a gray area created by the 2018 Farm Bill. New federal and state proposals aim to redefine what qualifies as legal hemp, potentially restricting or eliminating intoxicating hemp products altogether. Some states are moving to regulate hemp drinks like alcohol, while others are considering outright bans. The outcome could reshape the beverage market, impact small hemp businesses and determine whether THC drinks remain widely available or move exclusively into regulated cannabis systems. If federal rescheduling moves forward, it is expected to unlock greater medical research funding and streamline approval for clinical trials. For decades, cannabis research has lagged due to regulatory hurdles. Medical professionals and researchers are increasingly studying cannabis for its potential benefits in treating or alleviating symptoms related to: Chronic and neuropathic painCancer-related nausea and appetite lossEpilepsy and seizure disordersPost-traumatic stress disorder (PTSD)Multiple sclerosisAnxiety and sleep disordersInflammatory and autoimmune conditionsMore funding could lead to standardized dosing, clearer safety guidelines and wider acceptance within mainstream medicine. At the state level, cannabis remains a legislative priority in 2026. Several states are reviewing or carrying over bills related to legalization, medical expansion or criminal justice reform. Among those under active consideration are Pennsylvania, North Carolina, South Carolina, Tennessee and Texas, each weighing changes ranging from expanded medical access to reduced penalties for possession. While not all proposals are expected to pass, the continued debate reflects shifting public opinion and political pressure. Taken together, 2026 could mark a turning point for cannabis in the United States. Federal rescheduling, tighter hemp regulation, increased medical research and renewed state legislative efforts suggest a slow but steady move toward normalization — even as legal contradictions persist. For consumers, patients and policymakers alike, the year ahead will help determine whether cannabis continues its gradual integration into American medicine, commerce and culture — or remains caught between reform and restriction.

The Fresh Toast is a daily lifestyle platform with a side of cannabis. For more information, visit www.thefreshtoast.com.

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